The Pennsylvania Public Utility Commission (PUC) announced that a request by PECO Energy Company (PECO) to increase rates for electric and natural gas distribution services has brought forth a series of in-person hearings in early June in southeastern Pennsylvania to gather public input.

The announcement came one day before Aqua Pennsylvania, Inc. notified its customers that it filed a request with the PUC to increase customers’ water rates.

For electric distribution services, PECO is requesting an annual overall electric rate increase of approximately $464 million, and is also proposing a one-time credit of $64 million, resulting in a net electric rate increase of $399 million (25.1%) in 2025. 

As proposed, the total monthly electric bill for a residential customer using 700 kWh would increase by $16.67 from $135.85 to $152.52 (12.3%) in 2025. In 2026, the total monthly bill for a residential electric customer would increase by an additional $2.70.

For natural gas distribution services, PECO is proposing an annual increase of $111 million (23.1%). As proposed, a PECO residential natural gas customer using 80 Ccf per month will increase from $97.98 to $114.13 per month (16.5%).

A final PUC decision on PECO’s rate increase requests is due by December 27.

In-person hearings have been scheduled for the following dates and locations:

• Thursday, June 6, 2024 – starting at 6 p.m.
  Delaware County Community College
  Academic Building Room 2246
  901 S. Media Line Road
  Media, PA, 19063
  
• Monday, June 10, 2024 – starting at 6 p.m.
  Kennett Square Borough Building
  600 S. Broad Street
  Kennett Square, PA, 19348

Additional hearings will also be scheduled in the Philadelphia area, the notice says. A letter sent to customers is below:

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