Penelec's Residential Customers Can Save with FirstEnergy Solutions' Low Electric Generation Price
AKRON, Ohio, Sept. 2, 2011 /PRNewswire/ -- Residential electric customers of Penelec can sign up now with FirstEnergy Solutions to lock in an introductory fixed price of 6.85 cents per kilowatt-hour (kWh) on electric generation through November 2011. The price then becomes 7.29 cents per kWh through August 2013. By enrolling in this low introductory price, residents can save 10% off Penelec's current generation rate of 7.62 cents per kWh.
"Penelec's rate changes every quarter, and over the past eight months, it's been as low as 6.99 cents per kWh and as high as 7.69 cents per kWh," said Arthur Yuan, senior vice president of Retail Sales & Marketing for FirstEnergy Solutions. "With this offer, customers can lock in a great low fixed price and save money – and avoid the risk of dramatic fluctuations in Penelec's rate."
Residents who choose FirstEnergy Solutions as their electric generation supplier will continue to receive one bill and the same level of service from Penelec, and Penelec will continue to deliver the electricity, maintain the poles and wires, and respond to power outages.
Residential customers interested in learning more about the FirstEnergy Solutions offer should contact the company at 1-877-220-4235 or online at www.fessave.com/lowrates. All that is needed is a recent electric bill. Discounts and savings for small commercial and industrial businesses are also available by visiting www.fes.com.
Special pricing for small businesses is available to the following ChamberChoice member organizations served by Penelec: Bedford County Chamber of Commerce, Blair County Chamber of Commerce, Bradford Area Chamber of Commerce, Brookville Area Chamber of Commerce, Central Bradford County Chamber of Commerce, Clarion Chamber of Business and Industry, Clearfield Chamber of Commerce, Corry Chamber of Commerce, Erie Regional Chamber and Growth Partnership, Franklin Area Chamber of Commerce, Greater DuBois Chamber of Commerce and Economic Development, Greater Johnstown/Cambria County Chamber of Commerce, Greater Valley Regional Chamber of Commerce, Greater Wyalusing Chamber of Commerce, Huntingdon County Chamber of Commerce, Indiana County Chamber of Commerce, Kane Chamber of Commerce, Meadville-Western Crawford County Chamber of Commerce, Pocono Lake Region Chamber of Commerce, Punxsutawney Chamber of Commerce, Ridgway-Elk Chamber of Commerce, Shippensburg Area Chamber of Commerce, Somerset County Chamber of Commerce, Southern Wayne Regional Chamber of Commerce, Sullivan County Chamber of Commerce, Titusville Area Chamber of Commerce, Venango Area Chamber of Commerce, Wayne County Chamber of Commerce, and Wyoming County Chamber of Commerce. To enroll, participating chamber members can go online to www.fes.com/chamberchoice or call 1-866-699-9968 to speak to a program representative.
FirstEnergy Solutions, a subsidiary of FirstEnergy Corp. (NYSE: FE), is one of the nation's largest providers of competitive electric generation supply, serving more than 1.5 million customers in Ohio, Pennsylvania, New Jersey, Maryland, Michigan and Illinois.
FirstEnergy is a diversified energy company dedicated to safety, reliability and operational excellence. Its 10 electric distribution companies comprise the nation's largest investor-owned electric system. Its diverse generating fleet features non-emitting nuclear, scrubbed baseload coal, natural gas, and pumped-storage hydro and other renewables, and has a total generating capacity of approximately 23,000 megawatts.
FirstEnergy Solutions Corp. is an unregulated subsidiary of FirstEnergy Corp. The prices of FirstEnergy Solutions Corp. are not regulated by the Pennsylvania Public Utility Commission and a customer is not required to buy electricity or other products or services from FirstEnergy Solutions Corp. in order to receive the same quality service from Penelec.
SOURCE FirstEnergy Corp.
Share this article