AES and Duke PTC Rates Jump This Month - CINCINNATI AND DAYTON TO SEE HIGHER PTC RATES
[PTC rates will rise in Cincinnati and Dayton as both Duke and AES Ohio are raising supply rates. Learn how you can shop to save more on cooling this summer.]_Avoid rising Duke and AES Ohio supply rates in Cincinnati and Dayton! Save on keeping cool this summer when you shop cheap electric rates._
Summer is always one of the most expensive times of the year. Home cooling costs and this year's hotter-than-normal summe [https://www.cpc.ncep.noaa.gov/products/predictions/long_range/seasonal.php?lead=1]r [https://www.cpc.ncep.noaa.gov/products/predictions/long_range/seasonal.php?lead=1] have already led to rising bills. However, it may get worse with a PTC rate hike right around the corner. But how much will electricity rates [https://www.ohenergyratings.com/electricity-rates] rise and how can you save money this summer? Let's take a look at why AES and Duke PTC Rates may jump this month.
HOW HIGH WILL PTC RATE JUMP
Starting June 1, Ohio utilities factored in the PJM capacity auction [https://www.ohenergyratings.com/blog/how-to-avoid-high-priced-summer-electric-rates-in-cincinnati/] prices to their rates. This meant their default electric prices rose [https://www.daytondailynews.com/local/higher-electric-prices-take-effect-this-month-for-aes-ohio-duke-customers/4MCK622LV5HE7II5IHFVI2W2AE/] just in time for summer heat. AES OHIO customers saw their rates rise by .0087 cents per kilowatt...