Pennsylvania Public Utility Commission Approves PECO Settlements

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.