Aug 23, 2013
PPL Electric Utilities will issue an updated price to compare charge on Sept. 1 based on the latest costs to supply service to customers who do not choose an alternative supplier in the competitive power market.
Residential customers: The new price to compare will be 8.7 cents per kilowatt-hour, up slightly from the current price of 8.2 cents per kilowatt-hour. Residential customers using 1,000 kilowatt-hours of electricity a month will see a $5 increase in their bills.
Small-business customers: The new price to compare will decrease to 7.6 cents per kilowatt-hour, down from the current price of 7.7 cents per kilowatt-hour.
Visit www.pplelectric.com/choice for a full list of PPL Electric Utilities’ new rates for all rate classes.
Shopping for energy supply: State-licensed suppliers and their offers can be found on the PUC’s website, www.PAPowerSwitch.com. Customers can seek opportunities to save on power supply costs by shopping for deals with competitive electric suppliers.
About the price to compare: Generation rates and prices to compare for residential and small-business customers are adjusted every three months to reflect the cost of power purchases and adjustments based on customer use in the prior period. The generation rate for large industrial customers is based on hourly market prices. The company’s price to compare is updated on March 1, June 1, Sept. 1 and Dec. 1 each year.
PPL Electric Utilities does not profit on the generation portion of customers’ bills. It merely passes along the cost of that supply to non-shopping customers without markup.
PPL Electric Utilities, a subsidiary of PPL Corporation (NYSE: PPL), provides electric delivery services to about 1.4 million customers in Pennsylvania and consistently ranks among the best companies for customer service in the United States. More information is available at www.pplelectric.com.