PECO Seeks Major Rate Hikes for Infrastructure Upgrades
Harrisburg News Today | 2 Min News | The Daily News Now! · The Daily News Now!
Audio is streamed directly from the publisher (api.fastcast.ai) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.
Show Notes
PECO Proposes Significant Rate Hikes for Electric and Natural Gas Customers in York and Lancaster Counties
PECO, the utility serving York and Lancaster counties, is seeking approval for substantial rate increases to fund major infrastructure upgrades. The proposed hikes aim to recover $429 million for electric work and $81 million for gas lines, potentially impacting customers bills starting January 1st. A typical residential electric customer could face a $20.08 monthly increase, while natural gas users might see an additional $14.52, representing a 12% and 11% jump, respectively. These hikes come as energy companies nationwide invest heavily in grid modernization, but customers in these Pennsylvania counties may feel the financial strain, especially with ongoing inflation. The proposal now heads to the Pennsylvania Public Utility Commission for review, where public input could influence the final decision.
Support the show:
Get a discount at https://solipillow.com/discount/dnn.
Advertise on DNN:
[email protected]
This is an automated, high-level news summary based on public reporting.
Report issues to [email protected].
View sources & latest updates:
https://sources.thednn.ai/f80a254c118e0491