A forecast spike in electric rates for customers in the Philadelphia area who continue to buy their power supply from PECO has been confirmed in the official Prices to Compare posted by PECO.

PECO's Price to Compare is the electric rate paid by customers who do not choose a competitive electric supplier, and who instead receive default electric supply service from the utility.

The Price to Compare changes every three months, and next changes at PECO on December 1.

And for residential customers at PECO, the Price to Compare will increase about 8% on December 1, to 8.90¢/kWh, from the current 8.25¢/kWh.

PECO commercial electric rates will also jump on December 1.

For General Service (GS) customers using less than 100 kW, the PECO Price to Compare will increase to 9.94¢/kWh, from the current 9.29¢/kWh.

For General Service (GS) rate class customers with demands between 100 kW and 500 kW, the PECO Price to Compare will increase on December 1 to 9.21¢/kWh, from the current 8.90¢/kWh.

For Primary - Distribution Power (PD) rate class customers at PECO using less than 100 kW, the Price to Compare will increase to 9.22¢/kWh effective December 1, versus the current 8.59¢/kWh.

For PD rate class customers with demands between 100 kW and 500 kW, the PECO Price to Compare will increase to 8.50¢/kWh effective December 1, versus the current 8.20¢/kWh.

For PECO customers using less than 100 kW in the High - Tension Power (HT) rate class, the Price to Compare will increase to 8.87¢/kWh effective December 1, versus the current 8.25¢/kWh.

For customers in the HT rate class with demands between 100 kW and 500 kW, the PECO Price to Compare will increase to 8.17¢/kWh effective December 1, versus the current 7.88¢/kWh.

All Prices to Compare listed here include the State Tax Adjustment Surcharge (STAS) effective as of October 23, 2014.  The STAS typically is adjusted in late December, but changes in the STAS are typically negligible.