Default electric rates set to climb June 1 - abc27 WHTM

Default electric rates set to climb June 1

Posted: Updated:

The day is almost here that default electric rates are expected to skyrocket.

It is set to happen June 1.

How much rates go up depends on the provider. For example, Met-Ed customers will see their bills go up by about 25 percent. That is the case for Jeff Conrady, owner of the Square Bean coffee shop in Dillsburg.

"We've decided so far at least not to go with anyone else, in part because it's hard to know who you can trust," Conrady said.

Pennsylvania Public Utility Commissioner Pam Witmer said that fear should not deter Midstaters from trying to find a better rate.

"There are good options out there for consumers to go out in the marketplace and find some deals that are from either a price perspective or an incentive perspective that really may make some sense for them," Witmer said.

Rates go up every quarter. This time around they are going up more than usual to help utility companies recoup losses from the winter.

PPL's rates will go up 3.2 percent, while Met-Ed's rates will go up 25.1 percent and West Penn's rates will go up 50.6 percent.

Conrady uses the default provider, Met-Ed, for his coffee shop. His $700 a month electric bill will soon be closer to $900.

"Once costs actually change it will be more of a motivator to change something," said Conrady.

It is not too late to shop around for a better rate. If you switch now it will take a few weeks for the cheaper price to be reflected in your bill.

"By the time it really gets hot and they'll notice some increased us in air conditioning, the switch will be able to take place," said Witmer. "Recently, the Independent Regulatory Review Commission recently finalized our regulations that in the future will make switching much quicker for folks."

For more information about shopping for better rates, visit www.papowerswitch.com.

Powered by WorldNow