don't be deliberately dense. Getting all the debt off its books is shuffling money around, specifically from its books to to some third party, is the PIDC.
that's not to mention from y pocket to theirs.
It bothers me too and at least he's finally trying to address it since the politicians don't seem inclined to.
it means there's hope, nothing is inevitable.
there's really nothing similar about those two situations at all. Also, I've heard PECO increases will be lower than much of the rest of the state because PECO rates are generally higher than, say, PPL.
AFAIK, our rates are half that of New England, less than NY, and more expensive than sunbelt states. PECO is now benefitting from low cost power from paid off nuclear plants, PGW will still have outdated equipment, buy spot market power, and ceteris paribus, have an expensive cost structure.
A lot of that will depend on gasprices and what their capital needs are I would imagine.
as for natural gas, we need the price to increase a bit. Penn sits on one of the largest natural gas reserves in the world
AFAIK but it's expensive to extract...so we need prices to remain elevated. If other pices increase, the relative price is more competitive.