wfrank@altoonamirror.com
Customers who use Penelec as their power generation supplier are paying slightly less for their electricity.
Effective Monday, the residential rate for electricity decreased from 5.67 cents per kilowatt-hour to 4.98 cents per kwh, according to Todd Meyers, spokesman for FirstEnergy Corp., Penelec’s parent company.
For typical residential customers using 750 kilowatt-hours of electricity per month, bills will fall about $5.14 cents per month from $108.58 to $103.44, Meyers said.
“Electricity prices often dip in the spring, as cold weather moderates and less electricity is used for heat or to operate furnace blower motors,” Meyers said.
Electric bills are divided into two parts: the cost of generating electricity and the cost of transmission for maintaining electric lines, etc.