PECO rate increase to be accompanied by one-time credit

Justin Udo
December 26, 2018 - 1:40 pm
PECO Building

John McDevitt | KYW Newsradio

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PHILADELPHIA (KYW Newsradio) — PECO is raising its rates, and the hike is set to hit in the next few days. Customers can also expect to get a little something back.

PECO recently released a statement telling customers that they can expect to start paying more for their services starting in January. They said they are implementing a fee increase of about 1 percent.

They also say on January's bill customers can expect to see a one-time credit of $35 added to their accounts, courtesy of the Jobs Act.

PECO says these charges and changes will help them provide maintenance, and give customers a better product.