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In a Press Release the Pennsylvania Public Utility Commission (PUC) voted to suspend and investigate proposed rate increases by FirstEnergy Pennsylvania Electric Company (FirstEnergy), for electric distribution services, seeking an annual increase in revenues of $503,848,000 (34%).

The investigation will examine the rate increases proposed for the Met-Ed, Penelec, Penn Power and West Penn Power Rate Districts.

The Commission voted 5-0 to investigate FirstEnergy’s rate increase requests, which were filed on April 2, 2024.

Based on today’s action by the Commission, the rate increase requests are now suspended for up to seven months from the proposed effective date of June 1, 2024, and will be assigned to the PUC’s Office of Administrative Law Judge for investigation and recommended decisions.  More information on the ratemaking process is available on the Commission’s website.

The rate increase proposal filed by FirstEnergy requests the following rate changes for their four rate districts:

• In the Met-Ed Rate District, a proposed revenue increase of $146,332,000 (31%) would increase the average monthly bill for a residential customer using 1,000 kWh per month from $187.70 to $205.00 (9.2 %).
• In the Penelec Rate District, a proposed revenue increase of $132,963,000 (28%) would increase the average monthly bill for a residential customer using 1,000 kWh per month from $200.96 to $220.75 (9.8 %).
• In the Penn Power Rate District, a proposed revenue increase of $54,764,000 (43%) would increase the average monthly bill for a residential customer using 1,000 kWh per month from $180.59 to $201.88 (11.8 %).
• In the West Penn Rate District, a proposed revenue increase of $169,789,000 (40%) would increase the average monthly bill for a residential customer using 1,000 kWh per month from $156.36 to $172.98 (10.6 %).

A final PUC decision on the FirstEnergy rate increase request is due by Jan. 1, 2025.