Pennsylvanian a state often listed as a toss-up... Just got bit by Obamanomics..
for the 160,000 mostly low income customers who cant afford to switch from costly electric heat.. their bill will skyrocket higher...
Romney should run an ad with Obama's famous quote..
Peco electricity price to rise 21.5% Monday
Peco Energy Co. electricity customers are about to get a jolt in their bills.
The Philadelphia utility's residential price for electricity is slated to increase 21.5 percent on Monday.
Peco has 1.6 million customers in six counties.
Peco doesn't make any money off electricity supply - the cost is a pass-through. The utility earns its profits on a distribution charge it gets from all customers, regardless of who generates their power.
The last three months of 2012 also marks the final billing period that Peco's 160,000 electric heating customers will receive a discounted two-tiered rate from the utility.
for the 160,000 mostly low income customers who cant afford to switch from costly electric heat.. their bill will skyrocket higher...
Romney should run an ad with Obama's famous quote..
Barack Obama warned us under his plans, “electricity rates will necessary skyrocket