NOPEC Giving 500,000 Electric Customers $9 Million Break on Utility Bills
By Mary Ripley on March 8, 2018
Residential and Commercial Customers Will See Reduced Rates on March to May Bills
Nearly 500,000 Northeast Ohio Public Energy Council (NOPEC) electric customers will receive reduced rates on the generation portion of their utility bills thanks to a $9 million price reduction program being implemented by NOPEC this spring. The rate reduction will benefit all current NOPEC electric customers served by Ohio Edison and The Illuminating Company (CEI). On average, the rate reduction will equate to nearly $18 for residential customers and about $39 for small business accounts over the 4-month program period. A portion of these funds came from the settlement NOPEC negotiated with its former supplier. NOPEC is giving those proceeds back to our electric customers served by Ohio Edison and The Illuminating Company — and adding to it — to bring the total give back to $9 million! All NOPEC customers who will benefit from this give back will receive a postcard in the mail in the next few weeks notifying them of the rate reduction program.
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