NITS Rate Information
On May 1, 2017, PECO filed a request with the Federal Energy Regulatory Commission (FERC) to begin implementation of a wholesale transmission formula rate. On June 27, 2017, PECO received FERC approval to begin the implementation of a wholesale transmission formula rate, beginning on December 1, 2017. The formula rate structure allows PECO to continue to invest in the transmission system, replacing equipment, upgrading infrastructure and modernizing the electric transmission system, enhancing communications networks, supporting critical infrastructure protection, and ensuring ongoing safe and reliable service for customers, while allowing PECO to receive current recovery of its costs and return on its system investments.
On May 27, 2022, PECO filed its transmission formula rate update for June 1, 2022 – May 31, 2023. For access to the May 2022 filing, please visit the PJM Interconnection Website athttp://www.pjm.com/markets-and-operations/billing-settlements-and-credit/formula-rates.aspx.
For information on the currently effective NITS rate see the pdf posted below.
Note: During DSP V, PECO will continue to be responsible for and recover Network Integration Transmission Service (“NITS”) and Non-Firm Point-to-Point Transmission costs associated with default service customers through its unbundled, bypassable Transmission Service Charge.
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Current NITS Rate
- NITS Rate 2023
- NITS Rate 2023