January 20, 2017

Met-Ed residential rates to go up almost ten percent

HARRISBURG – The Pennsylvania Public Utility Commission approved joint settlements for lower rate increases than originally requested by FirstEnergy Corp. (FirstEnergy) for its four Pennsylvania subsidiaries, including Metropolitan Edison Company, which serves large parts of the Poconos.  The rate increases impact the cost to deliver electric service to homes and businesses, which makes up about one-third of a customer’s bill.

The Commission voted 5-0 to approve the Joint Petitions for Partial Settlement, which were agreed to by all formal parties in the case, including:  FirstEnergy; the Commission’s independent Bureau of Investigation and Enforcement; Pennsylvania’s Office of the Consumer Advocate; the Commonwealth’s Small Business Advocate; CAUSE-PA, representing low-income customers; and advocates for large electricity users.

According to the settlements, annual base rate distribution revenues will increase by $90.5 million (6.52 percent) for Met-Ed. The rate increases will become effective on or before Jan. 27, 2017.

Under the Met-Ed settlement, a typical monthly bill for a Met-Ed residential customer using 1,000 kilowatt hours (kWh) per month will increase from $139.91 to $153.82, or 9.94 percent.  Under Met-Ed’s original proposal, the average total monthly bill for a residential customer would have increased from $139.91 to $157.43, or 13.5 percent.  The company provides service to approximately 560,000 customers in eastern and south central Pennsylvania.

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