HARRISBURG – The Pennsylvania Public Utility Commission today approved the manner in which the state’s FirstEnergy companies including, Metropolitan Edison Co., Pennsylvania Electric Co., Pennsylvania Power Co. and West Penn Power Co., will secure default service supply for the company’s non-shopping customers for the period of June 1, 2015 through May 31, 2017.
The Commission voted 5-0 to approve the plan. The plan includes procurement and implementation plans; plans for meeting the requirements of the Alternative Energy Portfolio Standards Act; rate design and cost recovery; and administration of a standard offer customer referral program.
The 1996 Electricity Generation Customer Choice and Competition Act provides that electric distribution companies, or a Commission-approved alternative supplier, will provide default electric generation service to customers who have not selected an alternative generation supplier. Under current law, the default service prices for electric generation service are required to be based upon a “prudent mix” procurement strategy that will produce the least cost to customers over time.
The Pennsylvania Public Utility Commission balances the needs of consumers and utilities; ensures safe and reliable utility service at reasonable rates; protects the public interest; educates consumers to make independent and informed utility choices; furthers economic development; and fosters new technologies and competitive markets in an environmentally sound manner.
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Docket Nos.: P-2013-2391368; P-2013-2391372; P-2013-2391375; P-2 013-2391378