Energy News for the Pennsylvania Market

Penelec raises residential rate

By: Walt Frank |

The residential rate for electricity has increased from 5.97 cents per kilowatt hour to 6.29 cents per kwh, said spokesman Scott Surgeoner of FirstEnergy Corp., Penelec’s parent company.

The average residential customer who uses 750 kilowatt hours per month will see his bill increase from $102.01 to $104.41, Surgeoner said.

2018-12-06T13:14:25-05:00December 3rd, 2018|Pennsylvania Market|

PPL cuts electricity rate for some customers, hikes it for others

By: Anthony Salamone |

PPL Electric Utilities residential customers who purchase directly from the company will soon see a decline in their electric bills. But small business customers will pay more.

The Allentown electricity provider posted updated energy prices Friday for those consumers who do not shop for their electricity supply. Effective Dec. 1, […]

2018-11-09T08:09:50-05:00November 9th, 2018|Pennsylvania Market|

FirstEnergy Solutions closing its last Ohio and Pennsylvania coal-fired power plants

By: John Funk |

FirstEnergy Solutions on Wednesday night announced it plans to close its last Ohio coal-fired power plant, the W.H. Sammis plant on the Ohio River in Stratton, and its last Pennsylvania coal plant, the Bruce Mansfield plant on the River in Shippingport.

The company blamed the regional wholesale markets overseen by […]

2018-08-30T10:48:50-05:00August 30th, 2018|Ohio Market, Pennsylvania Market|

Capacity prices nearly double in largest U.S. power market

By: Jeffrey Tomich |

The cost of ensuring adequate available generation in the nation’s largest power market surged as power plant operators raised offer prices to offset lower energy revenues and fewer new natural gas plants coming online.

PJM Interconnection yesterday said clearing prices for capacity across much of its 13-state footprint nearly doubled […]

PUC cuts utility rates to reflect lower federal taxes

By: Joel Berg |

Pennsylvania businesses and residents will see lower costs for water, electricity and natural gas starting July 1 under action taken today by state utility regulators.

The Pennsylvania Public Utility Commission on Thursday approved rate cuts for 17 utility companies, reflecting newly lowered corporate taxes.

The cuts take effect July 1 and […]

2018-05-21T09:15:27-05:00May 21st, 2018|Pennsylvania Market|