PECO Loses Bid To Adjust Energy Efficiency Targets

Law360, New York (December 7, 2012, 6:02 PM EST) -- The Pennsylvania Public Utility Commission on Thursday reaffirmed energy efficiency benchmarks imposed under a 2008 law on PECO Energy Co., one of the state's largest electricity suppliers, rejecting the company's request for the commission to reconsider or lower those benchmarks.

PECO and other electricity providers, including units of First Energy Corp., filed petitions with the PUC seeking to lower the targets imposed on them as part of the second phase of Act 129, the state law enacted in 2008 requiring large electric companies with at least...
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