PECO Small C&I Price To Compare Increases by 10% In March
PECO customers will see changes in their utility bills come March 2022. This is a result of the company’s filing of new charges with the Pennsylvania PUC. Particularly affected by the new rates are the electric Generation Supply Adjustment (GSA) charges starting March 1, 2022.
The GSA (listed as the generation charge) is the main component of the Price to Compare or PTC. The Price to Compare also includes the transmission charge.
Although PECO is yet to post its official PTC tables, PA Power Switch has started announcing the new PTC that will take effect beginning March 1, 2022, for the utility company’s specified customer classes. PECO has not updated its PTC tables as the new GSAs are still pending at the PUC.
Beginning March 1, 2022, PECO’s Price to Compare for residential (R, RH) customers will go up to $0.070660 per kWh. This is a shade higher than the current PTC rate of $0.070230 kWh.
Meanwhile, PECO’s PTC for General Service (GS) customers who consume 100 kW or lower will rise to $0.068160 per kWh. That’s almost a 10% increase from the current rate of $0.062190 per kWh.
Here’s what the updated PTC’s will look like with the new GSA.
Effective March 1, 2022, PECO’s GSA for residential customers (R, RH) will be $0.06433 per kWh. The rate is slightly higher than the current $0.06390 per kWh.
General Service (GS) customers at or under 100 kW will be paying a PECO GSA of $0.06346 per kWh starting March 1. That’s a 10% jump over the current rate of $0.05749 per kWh.
For Primary – Distribution Power (PD) customers at or under 100 kW, PECO’s current GSA of $0.06237 per kWh goes up by 10% to $0.05651 per kWh.
For High-Tension Power (HT) customers at or under 100 kW, the new PECO GSA rate is $0.05982 per kWh. That’s 10% more than the current $0.05420 per kWh rate.
Both the PTC and GSA rates take effect on March 1, 2022. However, they’re still subject to PUC approval.