Advanced Energy United News

FirstEnergy Solutions to charge Illinois customers for extreme spikes in power costs

Written by Industry News | Mar 26, 2014

Electricity supplier FirstEnergy Solutions plans to charge about 220,000 of its Illinois customers $5 to $15 in a June surcharge for the extreme spikes in wholesale power costs during January’s polar vortex when market referee PJM Interconnection lifted price caps as supply tightened. This will be a one-time charge. Not all suppliers are passing on costs to customers. Read more here.