Ppl Electric Rate Hike

Had a good financial quarter ending june 30 and even better news tuesday for its pennsylvania electric customers.

Ppl electric rate hike.

Our continuing investment in a stronger more secure grid and our. The allentown utility said monday the price to compare for homeowners and apartment dwellers will be 8 493 cents per kilowatt hour a 14 percent increase over the current rate of 7 439 cents per kwh. This graph from the energy information administration eia shows the increase in average residential electricity prices as a percentage between 2009 and. The rate is determined by an auction that ppl holds for electric suppliers to bid on the right to service default rate customers.

Current ppl rates for customers who don t shop. Save money while remaining a ppl customer. By anthony salamone aug 07. 7 284 kwh 0 07284 next price change.

Stay connected follow us. No new rate hikes through 2020. This is because ppl is a regulated utility in charge of electricity. September is national preparedness month and the perfect time to prepare your business for storms and emergencies.

See the complete list of rules for electric service with ppl electric utilities. Here s how you can save money by shopping for the best energy supply rate. Competitive rates will save you money on your electric bill. Shop for a supplier.

We buy electricity for customers who don t shop and pass it on without markup. Ppl price to compare. Ppl wants you to shop and find a lower rate. According to the energy information administration residential electricity rates have increased nationally by around 15 in the last 10 years an increase of a little more than 0 2 year.

It does not hurt ppl electric utilities if customers shop. You can shop based on price special services or other factors such as green energy. We buy electricity for customers who don t shop and pass it on without mark up. Ppl electric utilities is committed to safely and reliably delivering power to the businesses that fuel the local and regional economies of central and eastern pennsylvania.

Small business customers will see their energy price dip about 1 cent from 7 224 cents per kwh to 6. All rates 0 002 0 002 0 001 this is not sales tax but a state tax adjustment charge. Residential customers 6 1 2020 to 11 30 2020. Ppl utilities customers will see a 5 1 percent increase in the distribution rate the utility charges to deliver electricity into their homes and businesses.

This is the rate customers pay if they don t shop. That s about 7 53 per month for a.