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 thanks to the recent federal Tax Cuts and Jobs Act.
In a letter sent to customers, PECO added that the recent electric delivery rate request, filed with the Pennsylvania Public Utility Commission, was approved.
That means that the average customer’s monthly bill — someone who uses about 700 kilowatts of electricity a month — will increase by about a dollar.
The January credit essentially nullifies this rate increase, PECO said.
PECO had originally sought to increase the average monthly bill by $3.28 when they first filed with the PUC back in March.
“These rate changes provide essential funding for maintenance of our electric delivery system and investments in new technologies to better serve our customers,” PECO said in a statement explaining the process.