Duquesne Light Reduces Bills for Residential Electric Heat Customers By 39 Percent

23,500 Customers to See Annual Savings of $445

Feb 19, 2003, 00:00 ET from Duquesne Light

    PITTSBURGH, Feb. 19 /PRNewswire/ -- Beginning tomorrow, Duquesne Light
 residential customers who use electricity to heat their homes will see an
 average reduction of 39 percent in their overall bills.  These 23,500
 customers will join a half-million other Duquesne Light customers whose bills
 decreased by nearly 20 percent last March, due to the elimination of the
 Competitive Transition Charge (CTC) from their monthly bills.
     "In less than a year, we've delivered bill reductions totaling
 $220 million annually to our commercial and residential customers," said
 Morgan K. O'Brien, president and chief executive officer of DQE, Inc.,
 Duquesne Light's parent company.  "This is great news, not only for our
 customers but also for the entire Pittsburgh region.  Competitive electric
 rates are vital to economic development and attracting companies interested in
 either relocating to or expanding in the region."
     As a result of the CTC elimination, electric heat customers will see an
 average annual savings of approximately $445.  Their average monthly bill of
 $96.18 will drop to $59.08.
     Duquesne Light is the first electric utility in Pennsylvania to eliminate
 the CTC from customer bills.  The CTC enabled electric companies to recover
 transition costs as the industry restructured into a competitive environment.
 Duquesne Light is passing these savings on to customers seven years sooner
 than any other Pennsylvania electric utility.
     "With this major reduction in residential customer bills complete,
 Duquesne Light is focused on delivering a steady supply of electricity at
 predictable rates beyond 2004," said Duquesne Light President Victor Roque,
 one of the architects of Pennsylvania's landmark Electricity Generation
 Customer Choice and Competition Act of 1996.
     Duquesne Light is negotiating post-2004 supplier agreements for its
 Provider of Last Resort (POLR) customers, those customers who haven't switched
 to an alternative generation supplier.  Roque anticipates an agreement being
 reached by late 2003.
     About Duquesne Light
     Duquesne Light Company is a leader in the transmission and distribution of
 electric energy, offering technological innovation and superior customer
 service and reliability to more than a half-million customers throughout
 southwestern Pennsylvania.

SOURCE Duquesne Light