{"id":5481,"date":"2025-05-13T11:23:59","date_gmt":"2025-05-13T16:23:59","guid":{"rendered":"https:\/\/www.paenergyratings.com\/blog\/?p=5481"},"modified":"2025-05-14T14:54:37","modified_gmt":"2025-05-14T19:54:37","slug":"firstenergy-utillites-announce-ptc-increases","status":"publish","type":"post","link":"https:\/\/www.paenergyratings.com\/blog\/firstenergy-utillites-announce-ptc-increases\/","title":{"rendered":"FirstEnergy Utillites Announce PTC Increases"},"content":{"rendered":"\n<h2>FirstEnergy PTC Rates Rising this Summer<\/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\/2025\/05\/FirstEnergy-PA-PTC-increases-300x200.jpg\" alt=\"FirstEnergy increases your PTC electric rates on June 1! Find out how much more you'll pay for air conditioning unless you shop now!\" class=\"wp-image-5502\" title=\"FirstEnergy PTC Rates Rising this Summer\" srcset=\"https:\/\/www.paenergyratings.com\/blog\/wp-content\/uploads\/2025\/05\/FirstEnergy-PA-PTC-increases-300x200.jpg 300w, https:\/\/www.paenergyratings.com\/blog\/wp-content\/uploads\/2025\/05\/FirstEnergy-PA-PTC-increases-150x100.jpg 150w, https:\/\/www.paenergyratings.com\/blog\/wp-content\/uploads\/2025\/05\/FirstEnergy-PA-PTC-increases-230x153.jpg 230w, https:\/\/www.paenergyratings.com\/blog\/wp-content\/uploads\/2025\/05\/FirstEnergy-PA-PTC-increases-350x233.jpg 350w, https:\/\/www.paenergyratings.com\/blog\/wp-content\/uploads\/2025\/05\/FirstEnergy-PA-PTC-increases-480x320.jpg 480w, https:\/\/www.paenergyratings.com\/blog\/wp-content\/uploads\/2025\/05\/FirstEnergy-PA-PTC-increases.jpg 724w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><figcaption><center><em>On June 1, FirstEnergy PA increases its PTC rate to all default service customers. Shop our plans now to keep your AC bills affordable.<\/em><\/center><\/figcaption><\/figure><\/div>\n\n\n\n<p>The summer PTC rate increases have been announced! Effective June 1, 2025, these PA utilities will raise their Price to Compare Rates:<\/p>\n\n\n\n<ul><li><strong><a href=\"https:\/\/www.paenergyratings.com\/blog\/peco-customers-to-pay-13-more-to-power-homes\/\" target=\"_blank\" rel=\"noreferrer noopener\">PECO<\/a>   13%<\/strong><\/li><li><strong><a href=\"https:\/\/www.paenergyratings.com\/blog\/ppl-hiking-your-price-to-compare-rate-june-1\/\" target=\"_blank\" rel=\"noreferrer noopener\">PPL<\/a>   <\/strong>16%<\/li><li><strong><a href=\"https:\/\/www.paenergyratings.com\/blog\/duquesne-light-default-supply-rate-rises-15-june-1\/\" target=\"_blank\" rel=\"noreferrer noopener\">Duquesne Light<\/a><\/strong>   ~15%<\/li><li><a href=\"https:\/\/www.paenergyratings.com\/companies\/firstenergy\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>FirstEnergy<\/strong> <strong>PA<\/strong> <\/a>  5.1 &#8211; 8.8 %<\/li><\/ul>\n\n\n\n<p>With summer on the horizon, these rate increases are sure to hurt. Thankfully, you have options no matter where you live and we&#8217;ll show you how. To begin, we\u2019re going to show how these rate changes will affect your <strong>FirstEnergy PA<\/strong> summer electric bill. As well as how to find the&nbsp;<a href=\"https:\/\/www.paenergyratings.com\/electricity-rates\" target=\"_blank\" rel=\"noreferrer noopener\">best electricity rate<\/a>.<\/p>\n\n\n\n<h3>How Rising FirstEnergy PTC Rates Add Up<\/h3>\n\n\n\n<p>The average Pennsylvania residential consumer uses&nbsp;978.97 kWh&nbsp;during the summer months. <strong>FirstEnergy <\/strong>is increasing some residential&nbsp;<a href=\"http:\/\/www.energychoicematters.com\/stories\/20250422b.html\" rel=\"noreferrer noopener\" target=\"_blank\">default service rates<\/a>&nbsp;by as much as 8.8%. That means these rate hikes could really hurt your pocketbook! So let\u2019s break down how this will affect your monthly bill.   <\/p>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table><tbody><tr><td><strong>FirstEnergy PA Utility<\/strong><\/td><td><strong>Old PTC Rate per kWh<\/strong><\/td><td><strong>Old Supply Charge<\/strong><\/td><td><strong>June 1 Rate Increase<\/strong><\/td><td><strong>New PTC Rate, June 1<\/strong><\/td><td><strong><em>New <\/em>Supply Charge<\/strong><\/td><\/tr><tr><td><strong><a href=\"https:\/\/www.paenergyratings.com\/companies\/met-ed\" target=\"_blank\" rel=\"noreferrer noopener\">MetEd<\/a><\/strong><\/td><td>0.11011<\/td><td>$107.79<\/td><td>8.10%<\/td><td>0.11903<\/td><td><em>$116.53<\/em><\/td><\/tr><tr><td><strong><a href=\"https:\/\/www.paenergyratings.com\/companies\/penelec\" target=\"_blank\" rel=\"noreferrer noopener\">Penelec<\/a><\/strong><\/td><td>0.10474<\/td><td>$102.54<\/td><td>5.10%<\/td><td>0.11003<\/td><td><em>$107.72<\/em><\/td><\/tr><tr><td><strong><a href=\"https:\/\/www.paenergyratings.com\/companies\/penn-power\" target=\"_blank\" rel=\"noreferrer noopener\">Penn Power<\/a><\/strong><\/td><td>0.11168<\/td><td>$109.33<\/td><td>6.20%<\/td><td>0.11857<\/td><td><em>$116.08<\/em><\/td><\/tr><tr><td><strong><a href=\"https:\/\/www.paenergyratings.com\/companies\/west-penn\" target=\"_blank\" rel=\"noreferrer noopener\">West Penn Power<\/a><\/strong><\/td><td>0.09481<\/td><td>$92.82<\/td><td>8.80%<\/td><td>0.10317<\/td><td><em>$101.00<\/em><\/td><\/tr><\/tbody><\/table><figcaption><strong><em>Add in your FirstEnergy PA monthly distribution charges and your total bill could go over $200!<\/em><\/strong><\/figcaption><\/figure>\n\n\n\n<h3>Shop and Save to Avoid PTC Rate Increases<\/h3>\n\n\n\n<p>With PTC rates skyrocketing, it&#8217;s time for you to find an affordable electricity plan! Here&#8217;s some of our favorites available in the <strong>FirstEnergy<\/strong> service area.<br><br>First, <strong>MetEd<\/strong> customers who want an affordable plan to carry them through the summer should consider <strong><a href=\"https:\/\/www.paenergyratings.com\/companies\/think-energy\" target=\"_blank\" rel=\"noreferrer noopener\">Think Energy<\/a><\/strong>. Their&nbsp;<strong>Think Basic 6<\/strong>&nbsp;plan comes in at 11.30 cents per kWh, running you about $110.62 a month in energy supply costs. However, in addition to having no monthly charges or early termination fees,&nbsp;<strong>Think Energy&nbsp;<\/strong>offers a referral program. Their&nbsp;<em>Free Energy Club<\/em>&nbsp;offers rebates for referring friends to the company, earning you a discount on your bill.<br><br>Finally, <strong>West Penn Power<\/strong> customers might consider a variable rate from&nbsp;<strong><a href=\"https:\/\/www.paenergyratings.com\/companies\/american-power-and-gas\" target=\"_blank\" rel=\"noreferrer noopener\">American Power and Gas<\/a><\/strong>. Their&nbsp;<strong>Residential Clean Energy Plan<\/strong>&nbsp;starts at an astonishingly low 7.49 cents per kWh, costing around $73.32 the first month. The second month, that rate goes up to 9.89 cents per kWh, bringing that up to about $96.82. But because it\u2019s a month to month plan, your rate afterwards will vary from month to month. There\u2019s also no contract and no cancellation fees, and no monthly charges to worry about it! Finally, 25% of your electricity is generated using renewable resources, supporting PA&#8217;s clean energy initiatives.<\/p>\n\n\n\n<h3>Beat the PTC Rate Increases Today<\/h3>\n\n\n\n<p>Don&#8217;t sweat rising PTC rates and&nbsp;<a href=\"https:\/\/www.paenergyratings.com\/resources\/high-pennsylvania-energy-bill\" target=\"_blank\" rel=\"noreferrer noopener\">high electric bills<\/a>. And don\u2019t panic about an uncertain energy market. We can help you find the perfect electricity plan. Visit&nbsp;<a href=\"https:\/\/www.paenergyratings.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/www.paenergyratings.com<\/a>&nbsp;to explore the various electric plans in your area.<\/p>\n\n\n\n<p><br><\/p>\n","protected":false},"excerpt":{"rendered":"<p>FirstEnergy PTC Rates Rising this Summer The summer PTC rate increases have [&hellip;]<\/p>\n","protected":false},"author":10,"featured_media":5503,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mbp_gutenberg_autopost":false},"categories":[96,90,7,9,11,59,62,12,49,13,66,61],"tags":[],"_links":{"self":[{"href":"https:\/\/www.paenergyratings.com\/blog\/wp-json\/wp\/v2\/posts\/5481"}],"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\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/www.paenergyratings.com\/blog\/wp-json\/wp\/v2\/comments?post=5481"}],"version-history":[{"count":16,"href":"https:\/\/www.paenergyratings.com\/blog\/wp-json\/wp\/v2\/posts\/5481\/revisions"}],"predecessor-version":[{"id":5554,"href":"https:\/\/www.paenergyratings.com\/blog\/wp-json\/wp\/v2\/posts\/5481\/revisions\/5554"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.paenergyratings.com\/blog\/wp-json\/wp\/v2\/media\/5503"}],"wp:attachment":[{"href":"https:\/\/www.paenergyratings.com\/blog\/wp-json\/wp\/v2\/media?parent=5481"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.paenergyratings.com\/blog\/wp-json\/wp\/v2\/categories?post=5481"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.paenergyratings.com\/blog\/wp-json\/wp\/v2\/tags?post=5481"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}