PECO to raise rates by around 3.1% starting Monday, officials say

The Pennsylvania Public Utility Commission said that electricity price changes will be implemented across the Commonwealth on Monday, June 1, including PECO. In an alert, the PUC said that adjustments in electric generation prices for electric distribution companies will cause PECO’s cost per kilowatt to increase just as the summer heat gets underway. PECO confirmed this change on their website and said that the adjustment will bring a 3.1% increase in price per kWh, which equates t...