Dive Summary:

• Peco Energy Co. is set to decrease its residential supply charge by 17 percent, from 10.5 cents per kilowatt hour to 8.69 cents.
• The company filed the new prices with the Pennsylvania's Public Utility Commission; the January 1 decrease essentially reverts Peco's prices to what it had been this past summer.
• The adjustment only pertains to the generation charge on the bill and won't affect the 31 percent of customers who have switched to competing suppliers.

From the article:

The Philadelphia company this week filed new prices with the Pennsylvania Public Utility Commission, which requires utilities to adjust their commodity charges quarterly to reflect changes in the market price of electricity and to correct any imbalances in collections from previous quarters. The decrease on Jan. 1 essentially reverts Peco's price to near levels it charged in the summer. ...