Pa. electric rates to go down for some this summer
Electric utilities will update their default rates, known as the price-to-compare, on June 1.
Electric utilities will update their default rates, known as the price-to-compare, on June 1.
Experts say there are short- and long-term issues policy makers need to be aware of when trying to secure the electric grid.
Electricity prices increased for most Pennsylvania utilities from 6% to 45% in June
Prices are up because of the rising costs of natural gas, which generates about half of the state’s electricity.
To achieve a carbon-free electricity sector, the country would need to more than double the power infrastructure it has now in the next decade.
A new report from the state’s Independent Fiscal Office shows Pennsylvania sent more than 79 million megawatt hours of electricity to other states in 2020.