{"id":4884,"date":"2024-11-04T11:35:27","date_gmt":"2024-11-04T17:35:27","guid":{"rendered":"https:\/\/www.paenergyratings.com\/blog\/?p=4884"},"modified":"2024-11-04T11:35:36","modified_gmt":"2024-11-04T17:35:36","slug":"firstenergy-and-peco-announce-december-rate-hikes","status":"publish","type":"post","link":"https:\/\/www.paenergyratings.com\/blog\/firstenergy-and-peco-announce-december-rate-hikes\/","title":{"rendered":"FirstEnergy and PECO Announce December Rate Hikes"},"content":{"rendered":"\n

PTC Rate Hikes in PA’s Winter Forecast<\/h2>\n\n\n\n
\"Winter
Look out for rate hikes! Find out how much more you could pay your electric utility this winter and how you can cut your bills.<\/em><\/center><\/figcaption><\/figure><\/div>\n\n\n\n

Effective December 1, 2024 PECO <\/strong>and FirstEnergy <\/strong>utilities are raising their PTC rates. And while these rate hikes may seem minimal at first, winter weather is on the horizon. And with the colder weather comes higher electricity bills. But don\u2019t worry, we\u2019re here to break down these rate changes so you can see how they affect you pocket book. In addition, we\u2019ll tell you how to find the best energy supplier<\/a> for your needs.<\/p>\n\n\n\n

FirstEnergy Rate Hikes<\/h3>\n\n\n\n

FirstEnergy Pennsylvania<\/strong> is increasing its default service rates<\/a> across the board by 6-8%. The average Pennsylvania consumer uses 851 kWh <\/a>per month in their home. Remember that winter usage also tends to be higher than average. Consequently, these increases could be even more painful for your budget. Let\u2019s break these changes down for FirstEnergy<\/a><\/strong> service areas.<\/p>\n\n\n\n