PUC holding hearings next week on Peco's planned rate increase
The Pennsylvania Public Utility Commission will hold five public hearings in the next week about Peco Energy Co.'s proposed $190 million electric rate increase.
The Pennsylvania Public Utility Commission will hold five public hearings in the next week about Peco Energy Co.'s proposed $190 million electric rate increase.
Hearings for customers to give input will be held at 7 p.m. Monday at Bucks County Community College, Penn Hall 259, 275 Swamp Road, Newtown; 10 a.m. Tuesday, at the Philadelphia Central Library, 1901 Vine St., Philadelphia; 7 p.m. Tuesday, at the Army National Guard Armory, 2700 Southampton Road, Philadelphia; 7 p.m. Wednesday, Worcester Township Community Hall, 1031 Valley Forge Road, Norristown; and 7 p.m. Monday, June 15, in the Water's Edge Banquet Room, 500 North Lane, Ridley Park.
The proposed increase would boost Peco's distribution revenue by 15.6 percent. The monthly bill for a typical residential customer using 700 kilowatt hours would increase by $6.55, or 5.9 percent.
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