Resources

My goal is to keep this page updated with current information to help inform you on the state of electricity rates/renewable energy market trends.

ICF International Electricity Demand Report

Click to download

Price Increases from Supply/Demand Issues

2025 Generation prices just went up 10x. This is reflective of a price bubble forming in the Mid-Atlantic region. Read more on my blog.

Alternative Energy Portfolio Standards Act

This is what’s helping homeowners go solar for nothing out-of-pocket and protect themselves from the rising costs of electricity.

https://www.puc.pa.gov/filing-resources/issues-laws-regulations/aeps-act/

FirstEnergy Proposes 2024 Rate Increase

Met-Ed has requested an increase of $146 million. If approved, the total bill for the typical residential customer using 1,000 kWh per month would increase 9.2% or $17.31 for a new monthly total bill of $205.

Penelec has requested an increase of $132 million. If approved, the total bill for the typical residential customer using 1,000 kWh per month would increase 9.8% or $19.79 for a new monthly total bill of $220.75.
Penn Power has requested an increase of $55 million. If approved, the total bill for the typical residential customer using 1,000 kWh per month would increase 11.8% or $21.30 for a new monthly total bill of $201.88.
West Penn has requested an increase of $169 million. If approved, the total bill for the typical residential customer using 1,000 kWh per month would increase 10.6% or $16.61 for a new monthly total bill of $172.98.

https://www.firstenergycorp.com/newsroom/news_articles/fe-pa-will-file-rate-review.html

Rate Protection

Your electricity rates have risen. They’ve risen A LOT. Sometimes for homeowners it can be hard to notice a rate increase, as bills fluctuate (based on how much you use a month) so two consecutive months are never the same. Even so, a lot of PA homes have seen generation rates double in 6 months. Why accept that? If your car payment, mortgage, or any other bill doubled or even varied “slightly” month to month you would be furious! No one would buy a house or car when a payment fluctuated by that much. We also tend to think that, since something just happened in the past, it decreases the chance it will happen again. This is known as the Gambler’s Fallacy, and it’s a mistake we make about lots of things in our life. Do you REALLY know if rate increases are or aren’t going to happen again? It might not, but it might. Why “gamble” with something like that when you don’t have to? Yet, this happens with our electric bills… and people without solar just choose to accept it? Nonsense. Solar provides peace-of-mind through rate protection. You’ll know exactly what you’re going to pay!

https://www.cleveland.com/news/2022/10/firstenergy-electricity-rates-may-rise-next-year-after-wholesale-auction-price-more-than-doubles.html

Utility companies look to their paying customers for recouping revenues lost to delinquent bill payers

Yes, it is very sad that an economy could not provide for certain individuals and families during the Covid 19 pandemic. However, attempting to recoup sunk costs (utility companies were barred from shutting off electric to delinquent payers during the pandemic) from honest bill payers should not be allowed. This situation proves that, although they’re regulated, public utility companies act like for-profit businesses and focus on decisions for the benefit of their bottom-line.

https://theconversation.com/delinquent-electric-bills-from-the-pandemic-are-coming-due-who-will-pay-them-147970