on Tuesday issued a reminder to consumers that most electric distribution companies across the state will be adjusting electric generation prices on June 1 for non-shopping or default service customers.
Consumers are encouraged to learn more about managing energy costs by visiting the Commission’s official electric shopping website,Price ‘Checkup’ on Electric Bills and Supplier Contracts . It enables quick comparisons of offers from competitive suppliers against the default service rate from their local utility and provides guidance on switching suppliers or returning to default service.
The PTC averages 40% to 60% of the customer’s total utility bill. However, this percentage varies by utility and by the level of individual customer usage. Beginning June 1, EDCs that have adjusted their PTCs for residential default service customers include: from 10.46 to 10.37 cents per kWh from 9.425 cents to 9.276 cents per kWh from 11.231 to 10.389 cents per kWh from 11.028 to 10.04 cents per kWh from 9.206 to 8.
Consumers should contact their utility or visit their utility’s website for more information or to enroll in a Standard Offer Program.The PUC encourages consumers who have contracts with competitive energy suppliers to know their contract expiration dates and to carefully review contract renewal notices from suppliers detailing energy shopping options and next steps.