The start of a new pricing quarter brings a sixteen percent increase in electricity rates for Penelec customers.
Called the “price to compare”, residential rates for Penelec customers will rise 24 percent, from 5.198 cents to 6.445 cents per kilowatt hour. The new rates will be in effect from today through February 29th next year.
Commercial rates are on the rise too, by 16 percent, to 5.998 cents per kilowatt hour.
