FirstEnergy Says Rate Review Settled, Monthly Rates for MetEd to Rise

— Jeff Ward, Lehigh Valley News Briefs

FirstEnergy Corp. has settled a rate request with the Pennsylvania Public Utility Commission, and higher rates may go into effect Jan. 1.

FirstEnergy said the $225 million raise promotes investment in its energy grid and assistance to low-income customers.

What it means for customers, if the Jan. 1 date for the increase is granted:

Met-Ed customers will see an average monthly increase of 1.9% or $3.49, for a monthly bill of $191.19.

Penelec customers will see average increases of 4.1% to $209.29; Penn Power users will pay 4.5% more, or $188.72, and West Penn customers will pay another 6.2% or $166.07.

See the company statement here.

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