PUC Approves Rate Case Settlements, Wellsboro Electric, Valley Energy and Citizens’ Electric Company of Lewisburg
Settlements include smaller-than-requested rate changes for electric and natural gas distribution rates for the three affiliated companies
HARRISBURG – The Pennsylvania Public Utility Commission (PUC) today approved rate case settlements with three affiliated utilities serving customers in north-central Pennsylvania – Wellsboro Electric Company (Wellsboro Electric), Valley Energy Inc. (Valley Energy), and Citizens’ Electric Company of Lewisburg (Citizens’ Electric).
Collectively, these utilities serve several thousand electric and natural gas customers in parts of Bradford, Northumberland, Tioga, and Union counties.
Wellsboro Electric Proposed Rate Changes
The Commission voted 5-0 to approve a Joint Petition for Approval of Settlement enabling Wellsboro Electric to adjust its annual electric distribution operating revenues by approximately $2.5 million – less than the $2.9 million increase originally requested by the company. Wellsboro Electric will implement the annual operating revenue adjustment in two phases:
- Phase I – an increase of $1,800,172, effective January 29, 2026; and
- Phase II – an additional increase of $699,928, effective January 29, 2027.
After implementation of …