Penelec - New York Electricity Rates

Penelec is an electric utility company that operates in New York, providing electricity services to residential, commercial, and industrial customers. The company is a subsidiary of FirstEnergy Corp, a major energy provider in the United States. Penelec's operations in New York include the generation, transmission, and distribution of electricity to homes and businesses throughout the state. The company has a strong commitment to providing reliable and affordable energy to its customers, and has invested heavily in modernizing its infrastructure to ensure the highest levels of reliability and safety. Penelec is also committed to sustainability and has implemented a number of initiatives to reduce its environmental impact, such as promoting renewable energy and implementing energy efficiency programs.

Website

firstenergycorp.com

Penelec - New York Rates

The average electricity rate for Penelec - New York customers is 10.52 cents/kWh. Penelec - New York has several different electricity rates for residential customers, as shown in the table below.

Rate NameRate TypeCost Per kWh
Residential ServiceFixed
Residential TOU ServiceTOU2¢ to 7¢
Residential TOU ServiceTOU2¢ to 8¢
Residential ServiceFixed10¢

Penelec - New York Incentives

Penelec - New York can help you upgrade appliances and smart devices in your home.

incentivesavingsutility 
Clothes Dryers$25Penelec (FirstEnergy utility)See Details
Room Air Conditioning (purchase)$100Penelec (FirstEnergy utility)See Details
Heat Pump Water Heaters$500Penelec (FirstEnergy utility)See Details
Clothes Washers$25Penelec (FirstEnergy utility)See Details
Dishwashers$25Penelec (FirstEnergy utility)See Details
Ductless Heat Pump (mini & multi split) Systems$200Penelec (FirstEnergy utility)See Details
Freezers (purchase)$25Penelec (FirstEnergy utility)See Details
Refrigerators (purchase)$25Penelec (FirstEnergy utility)See Details
Clothes Dryers$50Penelec (FirstEnergy utility)See Details
Refrigerators (purchase)$50Penelec (FirstEnergy utility)See Details
Room Air Conditioning (purchase)$50Penelec (FirstEnergy utility)See Details
Air-Source Heat Pump - Split Systems$250-$500Penelec (FirstEnergy utility)See Details
Smart Thermostats$50Penelec (FirstEnergy utility)See Details
Central Air Conditioning - Single Package$150-$250Penelec (FirstEnergy utility)See Details

Netmetering

Existing Net metered Customers: Generally credited to customer's next bill at retail rate (except avoided-cost rate for micro-CHP and fuel cells); excess for residential PV and wind and farm-based biogas is reconciled annually at avoided-cost rate; excess for micro-hydro, non-residential wind and solar, and residential micro-CHP and fuel cells carries over indefinitely Phase One transition tariffs: Credits carried over to the next monthly billing period, and over annual periods, however unused credits will be forfeited at the end of the contract.

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