{"id":2397,"date":"2022-05-01T16:35:22","date_gmt":"2022-05-01T21:35:22","guid":{"rendered":"https:\/\/www.paenergyratings.com\/blog\/?p=2397"},"modified":"2022-05-03T15:05:59","modified_gmt":"2022-05-03T20:05:59","slug":"firstenergy-hiking-your-pa-rates-50","status":"publish","type":"post","link":"https:\/\/www.paenergyratings.com\/blog\/firstenergy-hiking-your-pa-rates-50\/","title":{"rendered":"FirstEnergy Hiking Your PA Rates 50%!"},"content":{"rendered":"\n<h2>FirstEnergy Utilities in PA Raising Rates<\/h2>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"alignright size-medium\"><img loading=\"lazy\" width=\"300\" height=\"200\" src=\"https:\/\/www.paenergyratings.com\/blog\/wp-content\/uploads\/2022\/05\/save-pa-electric-rates-300x200.jpg\" alt=\"Higher PA electric rates are heading to FirstEnergy utility bills this summer. Find out if you're affected and what you can do.\" class=\"wp-image-2409\" title=\"Save more on your PA electricity rates!\" srcset=\"https:\/\/www.paenergyratings.com\/blog\/wp-content\/uploads\/2022\/05\/save-pa-electric-rates-300x200.jpg 300w, https:\/\/www.paenergyratings.com\/blog\/wp-content\/uploads\/2022\/05\/save-pa-electric-rates-230x153.jpg 230w, https:\/\/www.paenergyratings.com\/blog\/wp-content\/uploads\/2022\/05\/save-pa-electric-rates-350x233.jpg 350w, https:\/\/www.paenergyratings.com\/blog\/wp-content\/uploads\/2022\/05\/save-pa-electric-rates-480x320.jpg 480w, https:\/\/www.paenergyratings.com\/blog\/wp-content\/uploads\/2022\/05\/save-pa-electric-rates.jpg 724w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><figcaption><center><em>FirstEnergy utilities in PA are increasing their rates this summer, some as much as 50%. Find out if you&#8217;re effected and how you can avoid higher monthly electric bills.<\/em><\/center><\/figcaption><\/figure><\/div>\n\n\n\n<p><a href=\"https:\/\/www.paenergyratings.com\/companies\/firstenergy\"><strong>FirstEnergy<\/strong><\/a> announced its PA utilities will raise many of its residential and commercial PTC-default rates starting June 1, 2022. Some <a href=\"http:\/\/www.energychoicematters.com\/stories\/20220428z.html\">rate increases<\/a> even draw near the 50% mark! The new rates will be in effect through August 31, 2022. While that&#8217;s a short time, this summer is predicted to be hot! So, if you\u2019re concerned about <strong>FirstEnergy<\/strong> hiking your PA PTC rates 50%, remember that you can shop electricity plans and providers!<\/p>\n\n\n\n<h3>PA Rates Increase by FirstEnergy Utility<\/h3>\n\n\n\n<p>All of <strong>FirstEnergy<\/strong>&#8216;s PA utilities will increase their PTC on June 1 at these percentage levels:<\/p>\n\n\n\n<ul><li><strong>Met-Ed:<\/strong> 16% rate increase, from the current rate of 6.832 cents per kWh increasing to 7.936 cents per kWh<\/li><li><strong>Penelec:<\/strong> 35% rate increase, going from 6.232 cents per kWh to 8.443 cents per kWh<\/li><li><strong>Penn Power:<\/strong> 23% rate increase, rising from the current 7.082 cents per kWh increasing to 8.694 cents per kWh<\/li><li><strong>West Penn Power:<\/strong> 45% rate increase, with the current 5.667 cents per kWh increasing to 8.198 cents per kWh<\/li><\/ul>\n\n\n\n<p>If one of these companies is your electricity provider or you\u2019re thinking about choosing them for your electricity service, then you should rethink your choice. When you sign up with a local utility, your price to compare rates can fluctuate each month. However, there is a way to lock in an electricity rate you like so there will be no rate increase surprises during your plan term!<\/p>\n\n\n\n<h3>How You Can Avoid Higher PA Rates<\/h3>\n\n\n\n<p>All across the state, PTC rates are on the rise this summer, due in part to the rising price of natural gas. Lock in a fixed rate plan at the current price and save! With summer quickly approaching and the prediction of an <a href=\"https:\/\/www.cpc.ncep.noaa.gov\/products\/predictions\/long_range\/seasonal.php?lead=02\">above-normal heat<\/a> during this time, you\u2019re going to want to plan ahead. Especially with potential air conditioning costs which may drive up your overall electric bill.<\/p>\n\n\n\n<p>You don\u2019t have to settle for a rising PTC rates from your local utility company. Shop around for a low price <a href=\"https:\/\/www.paenergyratings.com\/electricity-rates\">electricity plan<\/a>. When you find the best electric rate, lock it in for your desired term length and sit back, relax, and enjoy the peace of mind this option affords you. Best of all, you have plenty of <a href=\"https:\/\/www.paenergyratings.com\/companies\">electricity companies<\/a> and plans to choose from so don\u2019t be afraid to do your research to find the best plan!<\/p>\n\n\n\n<h3>Shop the Best PA Electricity Plans Today<\/h3>\n\n\n\n<p>Don\u2019t worry about freezing in place when you see your summer electricity bill! Lock in a low rate today by <a href=\"https:\/\/www.paenergyratings.com\/best-electricity-plans\">shopping for electricity plans<\/a> on the PA Energy Ratings website. Visit <a href=\"https:\/\/www.paenergyratings.com\">https:\/\/www.paenergyratings.com<\/a> and explore the electricity options in your area!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>FirstEnergy Utilities in PA Raising Rates FirstEnergy announced its PA utilities will [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":2410,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mbp_gutenberg_autopost":false},"categories":[41,5,9,65],"tags":[],"_links":{"self":[{"href":"https:\/\/www.paenergyratings.com\/blog\/wp-json\/wp\/v2\/posts\/2397"}],"collection":[{"href":"https:\/\/www.paenergyratings.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.paenergyratings.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.paenergyratings.com\/blog\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/www.paenergyratings.com\/blog\/wp-json\/wp\/v2\/comments?post=2397"}],"version-history":[{"count":8,"href":"https:\/\/www.paenergyratings.com\/blog\/wp-json\/wp\/v2\/posts\/2397\/revisions"}],"predecessor-version":[{"id":2412,"href":"https:\/\/www.paenergyratings.com\/blog\/wp-json\/wp\/v2\/posts\/2397\/revisions\/2412"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.paenergyratings.com\/blog\/wp-json\/wp\/v2\/media\/2410"}],"wp:attachment":[{"href":"https:\/\/www.paenergyratings.com\/blog\/wp-json\/wp\/v2\/media?parent=2397"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.paenergyratings.com\/blog\/wp-json\/wp\/v2\/categories?post=2397"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.paenergyratings.com\/blog\/wp-json\/wp\/v2\/tags?post=2397"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}