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.
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.