FirstEnergy Pennsylvania to file rate review
On Tuesday, FirstEnergy Pennsylvania requested a review of its base electric rates by the Pennsylvania Public Utility Commission.
The company, a subsidiary of FirstEnergy Corp. doing business as Met-Ed, Penn Power, Penelec, and West Penn Power, said its proposed rate adjustment will build on service reliability enhancements made in recent years. The rate proposal will benefits more than two million customers, the company said, by continuing its work to reduce or minimize outages throughout its service territory and enhance key services.
“Continued investments in a smart, modern energy grid coupled with an expanded vegetation management program that targets trees threatening our equipment will help us deliver on our commitment to providing dependable electricity to homes, businesses and communities,” Scott Wyman, President of FirstEnergy’s Pennsylvania Operations said. “The work we are doing makes a positive difference – installation of new equipment coupled with proactive tree trimming has helped reduce the frequency of electric service interruptions experienced by our Pennsylvania customers by 14 percent since 2019. This rate proposal balances the need to invest in the system while helping keep electric bills comparable to other utilities in the state.”
The rate request totals $502 million across its four PA rate districts. The company estimates that monthly bills for the typical FE PA residential customer would increase between $16.61 and $21.30 on average, or about 9.2 to 11.8 percent. The company last filed a Pennsylvania rate review in 2016 which went into effect in January 2017.
