The Public Utility Commission (PUC) is warning consumers they could see sharp increases in default service energy costs, ranging between 6% and 45%, as utilities adjust their prices for electric generation on June 1.
The editorial “The high cost of electricity — or electric deregulation?” (May 14, TribLIVE) missed an important distinction. It’s customers who rely on a utility’s “default service” — instead of shopping for a competitive supplier — who are feeling the pinch the most. In fact, the PUC is encouraging customers to explore the state’s official electric shopping website, PAPowerSwitch.com, for details on competitive offers ahead of the rate hike.
By every measure, the state’s 25-year-old electric choice program has been a success, driving down prices and giving consumers more convenience and control. Before competition, average Pennsylvania electric rates were 15% above the national average. Now they are about 7% below.
But price is not the only value proposition in competitive markets. Suppliers innovate and offer a broader range of products to win and retain business because they’re accountable to the customer. Consumers can help guide Pennsylvania’s energy future by choosing wind, solar or other renewable and sustainable options.
In a truly competitive market, individuals, families and businesses pick the electricity plan that makes the most sense for them. And as these rising rates make clear, choice matters.
Dan Allegretti
Harrisburg