Power Companies Face Refund Probe for Overcharges Soon
Published Date: 2/27/2025
Notice
Summary
The Federal Energy Regulatory Commission is starting a review to make sure many electric companies are charging fair rates. This means some customers might get refunds for past overcharges, starting from specific dates. If you get power from these companies, keep an eye out for updates that could save you money soon!
Analyzed Economic Effects
2 provisions identified: 2 benefits, 0 costs, 0 mixed.
Refunds Effective Feb 27, 2025
The Commission opened an investigation (Docket No. EL25-49-000) into PJM Interconnection, L.L.C.'s tariff and set the refund effective date for that docket as the date this notice was published in the Federal Register (February 27, 2025). If you buy electricity from any of the companies named in the notice, you could receive refunds for past charges back to that date if the Commission finds rates unlawful.
Refunds Backdated to Nov 22, 2024
For Docket No. EL25-20-000 (Constellation v. PJM), the Commission set the refund effective date as November 22, 2024, the date the complaint was filed. Customers of the companies named in that docket may be eligible for refunds for past charges back to November 22, 2024 if the Commission finds the rates unlawful.
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