PUC Alerts Consumers of June 1 Electric Price Increases
| The Pa. Public Utility Commission released a notice that most electric utilities will increase electric generation prices charged to non-shopping customers effective June 1. Customers may choose to reduce electric bills by shopping for lower rates and implementing energy conservation measures during the hottest months. Every June 1 and December 1, electric distribution companies (EDCs) in Pennsylvania adjust their “Price to Compare” (PTC) — the cost per kilowatt-hour (kWh) charged to customers who have not selected a competitive supplier. These prices are based on wholesale market rates and can significantly impact monthly bills. Note: These changes only affect customers who have not selected a competitive supplier. Customers already shopping with a supplier will continue paying the generation price set by their contract, but they should also be aware of broader market trends and prepare for potential impacts when their current contract ends. On June 1, 2025, residential PTCs will increase across nearly every utility — with typical increases ranging from 5% to 16% among major electric utilities statewide. However, some utilities will increase rates as high as 30% to 40%. business customers will also see changes to their generation prices, with finalized commercial PTCs available closer to June 1. Click here to see the residential default electric rates that will take effect June 1.” Township officials are reminded that as a member service, they may use PSATS Premier Partner World Kinect Energy Service to shop for electricity for their township. Kinect Energy is an energy consultant that helps public sector agencies with energy management, including securing a reliable energy supply, predicting costs, enhancing sustainability, accessing spot markets, and understanding their energy data to become more efficient. For more information, click here or contact Cheryl Hefft at (717) 575-4807, chefft@world-kinect.com. While shopping for a competitive supplier is one option, rising wholesale energy prices have reduced the number of available offers below the utility default rate. That makes efficiency and conservation more important than ever. Below are summer energy conservation tips to help your township — and your residents — save electricity and money this summer. |
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