The Pennsylvania Public Utility Commission will investigate a proposed rate increase requested by FirstEnergy Pennsylvania Electric Company.
The commission voted 5-0 to suspend the proposed rate increase request for up to seven months from the time the rates would otherwise have become effective, and to assign the case to the PUC’s Office of Administrative Law Judge for corresponding proceedings and the issuance of a recommended decision.
The FirstEnergy rate increase request, filed on April 2nd, would increase its operating revenues by approximately $504 million per year across their four rate districts which works out to about 34 percent.
Under this request, the average monthly bill for a residential customer in the West Penn rate district would increase by nearly $17 from $156.36 to $172.98, or just over 10 percent.
FirstEnergy provides service to more than two million customers in 56 counties across the state. A final decision by the Commission regarding the FirstEnergy rate increase request is due by January 1st, 2025.
