Easing energy prices should ease Pennsylvania bills
New figures released by the state Public Utility Commission show the difference between current market prices for electricity and the capped rates paid by millions of Pennsylvanians.
Rate caps expire in 2010 for PPL customers and in 2011 for customers of four other major utilities.
If the caps had expired the week of July 6, Peco Energy's residential customers actually would have seen their bill drop by almost 5 percent on average. Metropolitan Edison customers would have seen a 26 percent jump and Pennsylvania Electric customers a 22 percent increase.
PPL and Allegheny Power already purchased power for use after caps expire, ensuring average increases of 30 percent and 11 percent, respectively.
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Electricity rates are about to change across Ontario
TORONTO - Electricity rates are about to change for users across Ontario.
On November 1, households and small businesses will see their electricity rates go down under the Ontario Energy Board's (OEB) Regulated Price Plan.
Customer's on the OEB's tiered pricing plan will also see their bills lowered on November 1, as winter time-of-use hours and the seasonal change in the killowatt-hour threshold take effect.
Off-peak time-of-use hours will run from 7 p.m. to 7 a.m. during weekdays, and all day on weekends and holidays. On-peak hours will be from 7 a.m. to 11 a.m. and 5 p.m. to 7 p.m. on weekdays,…
