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FirstEnergy's Pennsylvania unit seeks electric rate review
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FirstEnergy's Pennsylvania unit seeks electric rate review
Apr 2, 2024 7:59 AM

April 2 (Reuters) - FirstEnergy Corp ( FE ) on Tuesday

said its Pennsylvania unit will ask the state's utilities

commission to review its proposed increases in the base

electricity rates.

"If (the request) approved, monthly bills would increase on

average in the range of $16.61 to $21.30 or about 9.2% to 11.8%

for a typical FirstEnergy Pennsylvania residential customer

using 1,000 kilowatt-hours (kWh) per month," the company said in

release.

The company also proposes to remove over 2.4 million trees

and overhanging limbs, to avoid damage poles and wires, to "help

reduce tree-related electric service interruptions."

Last year, Pennsylvania Public Utility Commission (PPUC)

granted an approval to FirstEnergy's ( FE ) Pennsylvania subsidiaries

consolidate into single operating company, under terms of

approved consolidation settlement, income-eligible customers to

get total of $650,000 in bill assistance over 5 years.

(Reporting by Daksh Grover in Bengaluru)

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