Pennsylvania State Representative Matt Baker, one of the sponsors of legislation debated last year which would have capped variable rates, further confirmed that the measure will be reintroduced in 2015.

"Since we cannot rely on the energy industry to protect consumers, I believe we must put caps on variable rate increases and require the industry to put language in their customer contracts to warn consumers about the nature of variable rates," Baker said in an alert to customers on how to avoid electric rate shocks.

"I am supporting proposed legislation that will put these changes into law. The legislation, which will be reintroduced when the new legislative session begins in January, would limit electric rate increases for customers with variable rate contracts and enable customers to switch companies without transfer penalties or fees. It will also require electric suppliers to provide customers with a copy of their contract, and to ensure that it contains certain language that clearly explains the contract terms. Until these protections become law, let the buyer beware," Baker said.

See More: Information Key to Helping Consumers Avoid Electric Rate Shock

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Pennsylvania   Variable Rates  

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