Keep in mind, that PPL has a big rate hike coming for us in 2010.
Select your heat pump wisely.
I am also in PECO electric territory. In 2010 when electric is deregulated our increase is said to be only 10 percent because we already have the highest rates in the state. I am looking at the current rates. It looks like rate RH(residential heating) pays less than rate R(residential non heating) in the winter when your usage gets over 600kwh which is good, but in the summer you pay slightly more than rate R under and over the 500kwh--so your rate is just higher period. So they GET YOU anyway you go.
I was at my Rotary meeting at Excelon in Kennett Square and they said 20-30% increase at our meeting at their trading floor location.
I suppose they are going to keep our current charge structure and continue to charge a customer charge, and then for the energy, the transmission and the distribution, all at different rates, along with charging more for usage in the summer when we exceed using 500KWH. Who is getting the 20% and who is getting the 30% increase?