• NATURAL GAS RATES TO CHANGE BE...

NATURAL GAS RATES TO CHANGE BEGINNING
JUNE 1, 2017


Beginning June 1, 2017, natural gas rates for PECO residential customers will increase by 0.126 cents per 100 cubic feet (Ccf) of gas. The increase is the result of an increase in projected natural gas charges partially offset by the reconciliation of collections for previous natural gas purchases.

With these changes the monthly natural gas bill for a residential customer using an average of 80 Ccf (hundreds of cubic feet) of natural gas will increase by $0.09 per month, from $76.28 to $76.37, or by about 0.1%.

The monthly bill for a commercial customer using an average of 400 Ccf of natural gas (Rate GC - General Service - Commercial and Industrial) will increase by $0.52 per month, from $354.92 to $355.44, or by about 0.1%

The impact on your bill will depend on the actual amount of natural gas you use.
NOTICE OF PROPOSED ANNUAL NATURAL GAS COST
RATE CHANGE EFFECTIVE DECEMBER 1, 2017


On or around June 1 of each year, as directed by the PUC, PECO makes a Purchased Gas Cost (PGC) filing with the PUC, submitting the company's projection of natural gas prices for the following year. This notice describes the company's request, the PUC's role and what actions you can take.

Due to higher projected natural gas charges and the reconciliation of collections for previous natural gas purchases, PECO is proposing to increase natural gas rates for residential customers, beginning December 1, 2017, by 0.973 cents per Ccf from the June 1, 2017 rate. Overall, there will be an annual increase of approximately $1.9 million for all customers.

If PECO's entire request is approved, the total monthly bill for a residential customer (Rate GR - General Service - Residential) using an average of 80 Ccf of natural gas would increase by $0.79 per month, from $76.37 to $77.16, or by approximately 1.0%.

The overall impact on your bill will depend on the amount of natural gas you use.

The total monthly bill for a commercial customer using an average of 400 Ccf of natural gas (Rate GC - General Service - Commercial and Industrial) would increase by $3.90 per month, from $355.44 to $359.34, or by approximately 1.1%.

Again, these changes are subject to PUC approval. If requested, PECO can tell you how your bill may change. If you purchase the natural gas you use from another competitive supplier, the price you pay will depend on the price and terms of your contract with your supplier.

These proposed prices are based on current wholesale market prices. PECO continuously monitors market prices and may adjust prices on a quarterly basis (March 1, June 1, September 1 and December 1).

The charges requested by the company may be found in PECO Gas Service Tariff Number 2. You may examine the material filed with the PUC which explains the requested increase and the reasons for it. A copy of this material is kept at PECO Headquarters, located at 2301 Market Street, Philadelphia, PA 19103.

The PUC may schedule hearings to determine proper rates. The company has the burden of proof to demonstrate that the proposed charges are reasonable. After its review, the PUC may grant all, some or none of the request.

There are two ways to challenge PECO's request to change its rates:

1. You can file a formal complaint. If you want a hearing before a judge, you must file a formal complaint. By filing a formal complaint, you ensure yourself the opportunity to take part in hearings about the price increase request. All complaints should be filed with the PUC. If no formal complaints are filed, the PUC may grant all, some or none of the request without holding a hearing before a judge. The effective date of the new rates will be December 1, 2017.
2. You can send the PUC a letter telling them why you object to the requested price increase. Sometimes there is information in these letters that makes the PUC aware of problems with the company's service or management. This information can be helpful when the PUC investigates the rate request.

Send your letter or request for a formal complaint form to the Pennsylvania Public Utility Commission, Post Office Box 3265, Harrisburg, PA 17105-3265. For more information, call the PUC at 1-800-782-1110.



Questions

For more information on any of these changes visitpeco.com/rates or call 1-800-494-4000.

Small business customers can call PECO's Business Customer Service Team at 1-800-220-PECO.

Large business customers can contact their account representative directly.


Ref# 0003318259-01
PostedMay 25, 2017