Pennsylvania Market

By: Philly Voice | PECO is seeking to raise electric rates to help cover $3 billion worth of infrastructure improvements that the utility says are needed to strengthen the energy grid. If approved, the average customer’s monthly bill would increase by $9.68, or 9.65%, beginning in January. The average small business would see its monthly … Read more

By: The Bradford Era | The Pennsylvania Public Utility Commission is alerting consumers about the potential for large winter energy cost increases for electric customers who do not shop for competitive electric suppliers. To avoid the possibility of “sticker shock” from high bills during the coming cold months, the PUC reminds consumers that the start … Read more

By: James Conca | Three Mile Island Nuclear Generating Station shut down today at noon after more than 40 years of providing low-carbon constant power to the region. TMI Unit 1 began commercial operation on September 1, 1974 and was licensed to keep operating until 2034. The nuclear power plant has about 635 employees and … Read more

By: Iulia Gheorghiu | The Federal Energy Regulatory Commission (FERC) issued a ruling on Thursday directing the PJM Interconnection not to conduct “a major feature” of its market, its capacity auction planned for August. The commission is working to incorporate aggregated distributed energy resources into the largest wholesale market in the country after a June 2018 order, which … Read more

By: Justin Heinze | PECO customers can look forward to some milder bills to kick off the new year, and the proposed monthly bill increase moving forward will not be as much as initially proposed. The massive energy company is giving a rebate of about $35 off customer bills in January, they announced recently. That’s … Read more

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. “This … Read more

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, the … Read more