Nstar price increase

FirstEnergy Pennsylvania Residential Energy Rates Decreases by Nearly 10%

FirstEnergy Pennsylvania utilities tariffed residential PTC-Default rates are set to change starting March 1, 2022. This comes as the company files new rates with the Pennsylvania PUC, with the adjustments lasting for 3 months.  

The PTC-Default rates refer to the all-in service rates minus the application of the State Tax Adjustment Surcharge (basically, the PTC before the application of the STAS), which currently stands at 0%. For now, the utilities are yet to post the new PTCs as the tariff filings that contain the new rates are still pending with the PUC.  

For Met-Ed, the current tariffed residential PTC-Default rate of $0.07414 per kWh will go down by 8% to $0.06832 per kWh beginning March 1.  

9.40¢ Price to Compare

Effective September 01, 2022

Provider Plan Term Rate Savings  
Major Energy
24 months
10.99¢ / kWh
Constellation
36 months
10.99¢ / kWh
Major Energy
100% renewable energy
24 months
11.09¢ / kWh
Major Energy
12 months
11.49¢ / kWh
Constellation
36 months
11.59¢ / kWh

For Penelec, the current tariffed residential PTC-Default rate of $0.06507 per kWh will decrease by 4% to $0.06232 per kWh by March 1.  

Penelec

10.02¢ Price to Compare

No Sign Up Fees

Provider Plan Term Rate Savings  
Constellation
36 months
10.19¢ / kWh
Constellation
36 months
10.89¢ / kWh
Constellation
24 months
11.19¢ / kWh
Direct Energy
18 months
12.29¢ / kWh
Direct Energy
12 months
12.79¢ / kWh

For Penn Power, the current tariffed residential PTC-Default rate of $0.07593 per kWh will drop to $0.07082 per kWh beginning March 1. That’s almost a 7% decrease.  

Penn Power

10.35¢ Price to Compare

Effective September 01, 2022

Provider Plan Term Rate Savings  
Constellation
36 months
10.79¢ / kWh
Constellation
24 months
11.79¢ / kWh
Constellation
36 months
11.99¢ / kWh
Direct Energy
18 months
12.99¢ / kWh
Direct Energy
12 months
13.49¢ / kWh

For West Penn Power, the current tariffed residential PTC-Default rate of $0.05698 per kWh will marginally step down to $0.05667 per kWh effective March 1.  

West Penn Power (ALLEG)

8.31¢ Price to Compare

No Sign Up Fees

Provider Plan Term Rate Savings  
Constellation
36 months
10.09¢ / kWh
Constellation
36 months
10.69¢ / kWh
Constellation
24 months
11.09¢ / kWh
Verde Energy
100% renewable energy
24 months
11.29¢ / kWh
Direct Energy
18 months
11.59¢ / kWh

The new PTC-Default rates for the FirstEnergy Pennsylvania EDCs will take effect on March 1, 2022, and will last until May 31, 2022. 

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