FirstEnergy Rate Hike Under Scrutiny
FirstEnergy is once again under investigation by the Pennsylvania Public Utility Commission (PUC). This time, though, it’s because of a proposed rate hike from FirstEnergy. However, PA energy consumers have the chance to tell the PUC exactly what you think about the proposed rate hike! So, if you’d like your shot, here’s what you can do about the rate hike. Plus we’ also see how you can get affordable electricity from a reputable provider.
FirstEnergy Proposed Rate Hike
In April, 2024, FirstEnergy filed to raise rates across all four of their PA utilities by a total of $502 million. The company says the rate hike covers grid upgrades and repairs. But for their customers, these hikes raise average customer’s bills from $16.61 to $21.30 per month. That’s about $255 a year.
Naturally, public outrage erupted at the announcement. As a result, the Office of Consumer Advocate and the Office of Small Business Advocate both filed formal complaints. Accordingly, the PUC responded to them and voted to suspend the FirstEnergy request until January 1, 2025. The PUC then launched a probe into the rate increase.
Public Hearings over FirstEnergy Rate Hike
As part of the investigation, the PUC has announced a statewide series of hearings. These public in-person and call-in hearings will run from June 25, 2024 to July 17, 2024. So consumers have plenty of time to make your voice heard! But if you’re nervous about testifying, the PUC offers tips on how to prepare.
Shop and Save on Your PA Electricity Rate
Electricity rates are rising again this summer. Add in these rate hikes, and it’s not looking good for your wallet. Locking in a low rate now could save you money for a long time to come! Thankfully, shopping for an electricity plan can be a breeze. Read reviews, compare providers, and more all at https://www.paenergyratings.com