Article

2021-11-27 Economy

Pa. electricity prices will be rising by as much as 50% next week

[INQUIRER] Energy costs for electric customers are going up by as much as 50% across Pennsylvania next week, the latest manifestation of across-the-board energy price increases impacting gasoline, heating oil, propane, and natural gas.Eight Pennsylvania electric utilities are set to increase their energy prices on Dec. 1, reflecting the higher cost to produce electricity. Peco Energy, which serves Philadelphia and its suburbs, will boost its energy charge by 6.4% on Dec. 1, from 6.6 cents per kilowatt hour to about 7 cents per kWh. Energy charges account for about half of a residential bill.

PPL Electric Utilities, the Allentown company that serves a large swath of Pennsylvania including parts of Bucks, Montgomery, and Chester Counties, will impose a 26% increase on residential energy costs on Dec. 1, from about 7.5 cents per kWh to 9.5 cents per kWh. That’s an increase of $40 a month for an electric heating customer who uses 2,000 kWh a month.

Pike County Light & Power, which serves about 4,800 customers in Northeast Pennsylvania, will increase energy charges by 50%, according to the Pennsylvania Public Utility Commission.

"All electric distribution companies face the same market forces as PPL Electric Utilities," PPL said in a statement. Each Pennsylvania utility follows a different PUC-regulated plan for procuring energy from power generators, which explains why some customers are absorbing the hit sooner rather than later, it said.

Posted by Fred 2021-11-27 00:00|| || Front Page|| [14 views ] Top

#1

Now add Electric cars into the mix in years to come.

Posted by NN2N1 2021-11-27 07:39|| 2021-11-27 07:39|| Front Page Top

#2 Sure everyone will get a handful of vouchers at 3 am.

Posted by swksvolFF 2021-11-27 11:00|| 2021-11-27 11:00|| Front Page Top

#3 Have you considered altering your traditions, such as not buying heat?

Posted by swksvolFF 2021-11-27 11:17|| 2021-11-27 11:17|| Front Page Top

#4 "And further, we have raised the tariffs on blankets"

Posted by Frank G 2021-11-27 11:19|| 2021-11-27 11:19|| Front Page Top

#5 Layer up.

Posted by crazyhorse 2021-11-27 11:25|| 2021-11-27 11:25|| Front Page Top

#6 The freezing point of ketchup is 26F, saving you money on both food and electricity.

Posted by swksvolFF 2021-11-27 11:28|| 2021-11-27 11:28|| Front Page Top

#7 Sweaters!
Whip Inflation Now
We're all in this together*
* 'cept for you BadWhites

Posted by Merrick Ferret 2021-11-27 12:23|| 2021-11-27 12:23|| Front Page Top

#8 I've been paying 14 cents/kwh to my city-run utility for a few years now. That will probably rise this year, too.

Posted by Bubba Lover of the Faeries8843 2021-11-27 13:46|| 2021-11-27 13:46|| Front Page Top

#9 It was worth it to vote fot Biden no?

Posted by Thrinetle Gray7697 2021-11-27 14:07|| 2021-11-27 14:07|| Front Page Top

#10 This Winter, show your love of Science! and put money in the bank by having a four month long Ugly Sweater party!

Posted by swksvolFF 2021-11-27 14:21|| 2021-11-27 14:21|| Front Page Top

#11 "The surprising health benefits of setting your thermometer to 50 degrees, and other ways to fight the spread of Covid."

Posted by swksvolFF 2021-11-27 15:19|| 2021-11-27 15:19|| Front Page Top

#12 It will really make no difference in the 2022 vote. Demonrats use paper to steal elections.

Posted by Hupinelet Grumble6866 2021-11-27 16:56|| 2021-11-27 16:56|| Front Page Top

18:12 M. Murcek
17:57 Procopius2k
17:44 swksvolFF
17:25 Raj
17:23 Super Hose
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17:15 swksvolFF
17:06 Super Hose
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16:51 M. Murcek
16:48 Super Hose
16:47 swksvolFF
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16:42 M. Murcek
16:42 Grom the reflective
16:41 Grom the reflective
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