A new program, titled the Small Business Gas Grant Program, has been unveiled by PECO and offers up to $500 to small businesses towards their gas bill. According to PECO, the grants are on a first come, first serve basis and any company under 25 employees can apply. According to the...Read more
Peco, citing the need for “significant” upgrades to the local electric grid and for pandemic-related customer relief, on Tuesday filed a request seeking a $246 million electric rate increase that...Read more
PECO, the Philadelphia electric utility company, has agreed to pay $75,000 in penalties under a proposed settlement with the Pennsylvania...Read more
On March 30, PECO
submitted a rate increase request to the PUC which would provide with PECO approximately $246 million per year, a boost of roughly 7 percent. If the entire increase is approved, PECO estimates the average residential customer, using 700 kilowatts per hour, would see their...Read more
This article looks at what's happening on the ground in Philadelphia two days after the Pennsylvania PUC ended the utility shutoff moratorium. Importantly, at that time, PGW said that they had not yet terminated anyone. It was clear from the article that PECO was reaching out to let people know...Read more
PECO, Philadelphia's primary electric utility, has filed for a very large rate increase of $246 million, which will be approximately 10% for the average residential customer. PECO states that the rate increase is necessary ...Read more
PA regulators have approved PECO’s plan to implement time-of-use rates for its customers, including both residential and commercial consumers. The hope is that some will shift electricity use to off-peak hours, during which rates of use will be discounted. The system has three price tiers...Read more
This article describes Exelon's new plan to split its power generation operations from it's six utility companies; PECO is one of the six utilities. The utilities themselves are responsible for managing "the wires and networks to deliver power generated by competitive companies." The...Read more