Customers are going to pay more as central Pa. electric, gas companies raise rates

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Customers are going to pay more as central Pa. electric, gas companies raise rates
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Just like everything else these days, paying for gas and electric might become more expensive for you this winter.

PECO,, down from 10.021 cents to 9.889 cents per kWh ;Dec. 1 PTC not finalized - currently at 12.8994 cents per kWh;no PTC change on Dec. 1 from the current 12.903 cents per kWh;, up from 8.306 cents to 8.517 cents per kWh .

“UGI recognizes the concern customers have regarding rising energy prices, especially during the heating season,” Chris Brown, UGI vice president and general manager of rates and supply, said in a news release. “Unfortunately, commodity costs for nearly all fuels have continued to increase, including the wholesale cost of natural gas. Despite this increase, natural gas remains a very economical energy choice backed by local, reliable shale gas supplies.

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