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PA Electric Utility Dropping Rates – Again

PA Electric Utility Dropping Rates – Again

Electric utility Penelec, a subsidiary of FirstEnergy Corp. serving 600,000 customers in 31 western Pennsylvania counties, announced they are dropping the rate they charge for electricity for the third quarter in a row, saving the average residential customer an additional 4.2% on their electric bill.

Why the rate drop? In part, because of the Marcellus Shale.

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Posted by on Aug 30 2012. Filed under Drilling & Production. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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