Metropolitan Edison (Met-Ed) is a company that serves customers across a variety of locations in Pennsylvania including parts of the cities of Bethlehem, Reading, and Philadelphia, as well as parts of Berks County. The company supplies electricity to 560,000 residents within a service area covering approximately three hundred miles.
Metropolitan Edison is a subsidiary of Akron Ohio-based FirstEnergy Corporation. Met Ed isn’t the only electric utility owned by FirstEnergy. It also owns ten other electric utilities companies in the Midwest, Mid-Atlantic and Southwest regions.
FirstEnergy’s Pennsylvania utility operating companies have negotiated a settlement that will increase their rates by up to 291 million dollars. The agreement was approved by the Pennsylvania Public Utility Commission in January of 2017. Customers in the area now have the option to choose an alternative electric provider for their electric service. If a consumer chooses to switch providers, the savings from their lower rate should be enough to offset the increased cost. However, the amount of savings could vary according to the amount of power they use and the number of suppliers they choose.
In accordance with the terms of the settlement, the operating companies for utilities will increase their rates by an additional $291 million over the next five years. The rate increase will be used to cover the cost of upgrades at various of the company’s facilities in the region.
One of these projects involves the installation of the new transformer as well as other equipment at the substation in Reading. Other projects include expanding the substation’s footprint and replacing damaged equipment. These upgrades were completed in order to meet increasing electricity demand in the Glenside community of Reading.
In order to improve reliability and service The company made improvements to the substation and power lines. They also upgraded the wires which are now covered by Schedule 40 PVC conduit. Many of the upgrades proved successful in increasing capacity of the utility to serve customers and reducing power costs.
Metropolitan Edison also provides customers with additional services, like home repair plans and surge protection. In addition, the company has an energy fund that is sustainable. The fund considers requests from areas within the region shown on an image. There are also programs to reduce electric charges. Met-Ed customers might be eligible to participate in a program that reduces the amount of their electricity supply.
If you are looking for the best PA electric provider, then you should benefit from the state’s electric choice program. It is possible to do this by comparing rates and features provided by various providers. Compare the rates as well as delivery options and other features offered by each provider when you compare. The savings you make will depend on the number of providers you select.
The BBB Business Review provides additional details about the company. Customers can also contact Met-Ed to report outages or damage. Met-Ed has a system in place that alerts users when there is a risk of an outage.