Overview
- PECO, which withdrew the filing Thursday, had sought 2027 delivery-rate increases that would add about $20.08 to a typical monthly electric bill and $14.52 to a typical gas bill.
- Gov. Josh Shapiro said he pressed CEO David Vahos to cancel the case, and his office estimates roughly $510 million in avoided charges for 1.7 million customers.
- PECO said moving forward now would strain customers who face higher energy supply prices and broad cost-of-living pressures.
- The company will keep a $12.5 million relief fund for low- and middle-income customers in southeastern Pennsylvania.
- IBEW Local 614, which represents about 1,500 PECO workers, had petitioned regulators to oppose the hike during ongoing contract talks.