Press Release
PUC Approves Lower Rate Increase than Requested for Pike County Light & Power Co.
Published on 9/11/2014
Filed under: Electric
HARRISBURG – The Pennsylvania Public Utility Commission (PUC) today approved a joint settlement for a lower rate increase than requested by Pike County Light & Power Co. for its electric rates.
The Commission voted 5-0 to approve the joint settlement among the company, the Commission’s independent Bureau of Investigation and Enforcement, the Office of Consumer Advocate and the Office of Small Business Advocate.
According to the settlement, the company will increase its overall annual revenue by approximately $1.25 million (12.8 percent). The company’s original proposal asked for a $1.7 million increase (17.8 percent).
Under the settlement, the average total monthly bill for a residential customer using 660 kWh per month will increase from $93.06 to $108.10 (16.2 percent). The company provides electric service to about 4,660 customers in Westfall, Milford and Dingman townships, Matamoras and Milford boroughs, Pike County.
More information on the ratemaking process is available on the Commission’s website.
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.
For recent news releases and video of select Commission proceedings or more information about the PUC, visit our website at www.puc.pa.gov. Follow the PUC on Twitter – @PA_PUC for all things utility. “Like” PAPowerSwitch on Facebook for easy access to information on electric shopping.
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Docket Nos. R-2013-2397237, C-2014-2405317, C-2014-2408729, C-2014-2408736, C-2014-2438396
Contact:
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Deputy Press Secretary
717-787-5722
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