Tag Archive | "electricity rate plans"

20120801-LightBulbDollar-GoogleImages

State AARP Objects To New Electricity Rate Ruling

20120801-LightBulbDollar-GoogleImagesHARRISBURG PA – Objections to a newly approved Pennsylvania Public Utility Commission (PUC) order that opponents claimed would force customers to pay higher rates for electricity by making some service plans more costly were lodged Friday (Feb. 15, 2013) by the state chapter of the American Association of Retired Persons (AARP).

AARP Pennsylvania, which says it represents 1.8 million members, charged the PUC order will change current law that requires electric utilities to offer default rate programs to consumers who opt not to choose a specific provider.

Those rates, it said, involved a “prudent mix” of resources intended to provide adequate and reliable service at the least cost to customers over time. Its provisions, AARP added, were put in place to prevent customers from experiencing price spikes occurring in neighboring states.

It could not be determined Monday (Feb. 18) how, if at all, the PUC had responded.

More than 60 percent of households statewide reportedly purchase electricity through default rate plans. AARP claimed the PUC rules “represent an effort to drive consumers into open electricity markets by making legally-mandated default service plans less attractive for customers.”

Photo from Google Images

Share

Posted in Energy, Government, RegulationComments (6)


Follow The Post

Like us on Facebook Follow us on Twitter Connect with us at LinkedIn Watch our videos at YouTube Take our RSS feed Pin us on Pinterest

From Our Sponsors

RSS Business News From The Mercury

RSS From The Philadelphia Business Journal

  • Fulton CFO retiring May 17, 2013
    Fulton Financial Corp. said Friday that Charles J. Nugent, senior executive vice president and chief financial officer, will retire at the end of the year. Fulton Financial has engaged an executive search firm to identify candidates to succeed Nugent as chief financial officer. Nugent joined Lancaster-based Fulton Financial (NASDAQ: FULT) in 1992 as executiv […]
  • Staffing agencies join forces May 17, 2013
    Two staffing agencies have joined forces. Blue Plate Minds of Paoli, Pa., acquired the Shelley Miller Group of Feasterville, Pa. Blue Plate provides staffing for advertising, marketing and PR firms. Shelley Miller the person was cited for her “business expertise, networking acumen and professional credibility” which the Blue Plate principals, Karen Carroll a […]
  • Melitta upgrades South Jersey facility May 17, 2013
    Melitta USA upgraded its Cherry Hill, N.J., facility to produce single-serving coffees, the company said. The Clearwater, Fla.-based company already invested $10 million to upgrade the Cherry Hill facility in 2011. But now the company has added UpShot Solution equipment that gets Melitta products into more offices and homes. UpShot is a product of Chicago-ba […]
  • PA unemployment declines to 7.6% May 17, 2013
    The state’s unemployment rate dropped three-tenths of a percentage point to 7.6 percent in April according to statistics released Friday by the Pennsylvania Department of Labor & Industry. Unemployment decreased 17,000 to 496,000 and employment was up 13,000 to 6,008,000. State officials said private sector jobs were up 8,300 to the highest level since S […]
  • TriState raised $75M in offering May 17, 2013
    TriState Capital Holdings said it has raised $75.38 million in its initial public offering. The offering was for 5.7 million shares of common stock, and underwriters exercised their option to buy an additional 855,000 shares of common stock from TriState (NASDAQ:TSC). So the bank collectively sold 6.55 million shares at $11.50 per share, less applicable unde […]