Nstar price increase

Met-Ed Default Rates To Go Up By 23%

Pennsylvanian households and businesses served by the utility company Met-Ed will pay more for electricity from June 2021, if the Pennsylvania Public Utility Commission (PPUC) approves new tariffed residential and commercial default rates, filed by the group of FirstEnergy Pennsylvania utilities.

Met-Ed serves about 560,000 customers within 3,300 square miles of eastern and southeastern Pennsylvania. What sort of increase should customers expect to come into effect if the new rates are approved?

For Met-Ed residential customers, this means a 23% increase, from the current rate of 5.41¢ per kWh to a new rate of 6.69¢ per kWh, starting June 1, 2021.

Met-Ed

7.41¢ Price to Compare

Effective December 1, 2021

Provider Plan Term Rate Savings  
Constellation
36 months
9.29¢ / kWh
Energy Harbor
18 months
9.57¢ / kWh
Energy Harbor
24 months
9.57¢ / kWh
Energy Harbor
36 months
9.57¢ / kWh
Constellation
24 months
9.59¢ / kWh

For Met-Ed commercial customers, this means 7% increase, from the current rate of 6.17¢ per kWh to a new rate of 6.58¢ per kWh, starting June 1, 2021.

For a household with an average electric usage of 1000 kilowatt-hours per month, this represents a $12 bump on the monthly utility bill. For a small business with similar electric usage, it would mean paying approximately $4 extra. If approved, the new default rates would be effective for the three-month period between June 1, 2021, through September 1, 2021.

Updated on

Prev Post
A Simple Guide on Energy Usage Calculations
Nstar price increase Next Post
Penelec Default Rates To Go Up By 30%