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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Docket No. R-2020-3022135
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