Press Release
PUC Approves Lower Rate Increase than Requested for Pike County Light & Power Co.
Published on 7/15/2021
Filed under: Electric
HARRISBURG – The Pennsylvania Public Utility Commission (PUC) today approved a rate increase for electric service proposed by Pike County Light & Power Company – Gas and Electric (PCL&P).
The Commissioners voted 4-0 to approve a joint petition for settlement allowing an annual base rate increase of $1.4 million, or 13.8% for electric service. The settlement was reached among PCL&P, the Commission’s independent Bureau of Investigation and Enforcement and the state’s Office of Consumer Advocate. Public input hearings were held in February of this year.
Under the settlement, the total monthly bill for a typical residential customer using 674 kilowatt hours (kWh) per month will increase from $103.90 to $116.49, or by approximately 12.1%. The distribution portion of the bill will increase from $58.62 to $71.30, or by approximately 21.6%.
PCL&P’s originally request, filed in late October, would have increased annual operating revenues by approximately $1.933 million (24.7%) for electric. In Pike County, PCL&P provides service to approximately 4,800 residential and commercial electric customers.
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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.
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Docket No. R-2020-3022135
Contact:
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Denise McCracken
Senior Communications Specialist
717-787-5722
demccracken@pa.gov
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