Today the Pennsylvania Public Utility Commission approved PECO's settlements with all interested parties regarding the increase in electric and natural gas delivery rates for customers beginning Jan, 1, 2011. As a result of this and the company's final electricity purchases to serve customers, residential electric customer bills are expected to increase on average about 5 percent, or about $5 a month, beginning in January.
Overall bills for PECO residential natural gas customers will increase on average about 1 percent, or about $1 a month. Customers may be able to save money by purchasing their electricity and natural gas from a competitive supplier if supplier prices are lower than PECO's Price to Compare.
PECO is an electric and natural gas utility subsidiary of Exelon Corporation EXC.
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