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

Posted by Industry News on 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.