Philadelphia, April 1, 2026
PECO has proposed major rate increases for electricity and natural gas services, potentially raising monthly utility bills for numerous customers in the Philadelphia region. A typical electric customer’s bill may rise by about $20.08, marking a 12.5% increase. This proposal affects hundreds of thousands of residents and could impact household budgets significantly when implemented next year.
Philadelphia
PECO Proposes Significant Rate Hikes for Electricity and Natural Gas
PECO has recently proposed substantial rate increases for both electricity and natural gas services, which are set to affect hundreds of thousands of customers across the Philadelphia region. The utility’s filing, submitted within the last 48 hours, outlines a plan that could significantly raise monthly utility expenses for many residents.
Details of the Proposed Increases
Under the new proposal, a typical residential electric customer with PECO could experience a monthly bill increase of approximately $20.08. This represents a 12.5% increase in their current monthly charges. These increases are planned to take effect next year.
The proposed rate adjustments encompass both electric and natural gas services, indicating a broad impact on household budgets throughout the area.
Impact on Customers
Hundreds of thousands of customers throughout the Philadelphia region could face higher monthly bills if these rate hikes are approved. The proposed changes are significant and come after PECO filed the rate hike request.
Frequently Asked Questions
- What has PECO proposed?
- PECO has proposed new rate increases for both electricity and natural gas services.
- How much could a typical residential electric customer’s bill increase?
- A typical residential electric customer with PECO could see their monthly bill increase by approximately $20.08, or 12.5%.
- When are these increases expected to take effect?
- These increases are expected to take effect next year.
- Who will be affected by these proposed rate hikes?
- Hundreds of thousands of customers across the Philadelphia region could face higher monthly bills.
Key Features of PECO’s Proposed Rate Hikes
| Feature | Detail | Geographic Scope |
|---|---|---|
| Type of Increase | Electricity and natural gas rates | Philadelphia region |
| Typical Electric Bill Increase (Monthly) | $20.08 | Philadelphia region |
| Percentage Increase (Typical Electric) | 12.5% | Philadelphia region |
| Effective Date | Next year | Philadelphia region |
| Affected Customers | Hundreds of thousands | Philadelphia region |
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