PECO cancels request for a rate hike in Pennsylvania, says "now is not the right time"

Name: PECO cancels request for a rate hike in Pennsylvania, says "now is not the right time"
Uploaded: 2026-04-16T12:36:00-0400
Duration: 25 s
Description: PECO said it is withdrawing its request for a rate hike with the Pennsylvania Public Utility Commission, saying that after talks with Gov. Josh Shapiro they are going to prioritize affordability. The increase, if it took effect, would have raised the average household's electric bill by $20 a month.

PECO said it is withdrawing its request for a rate hike with the Pennsylvania Public Utility Commission, saying that after talks with Gov. Josh Shapiro they are going to prioritize affordability. The increase, if it took effect, would have raised the average household's electric bill by $20 a month.