Sep 29, 2014
Due to a PUC-approved change in transmission charges, PPL Electric Utilities is adjusting its price to compare for this quarter for customers who rely on the utility to purchase electric supply on their behalf.
Effective Oct. 1, the new price to compare for residential customers will be 8.956 cents per kilowatt-hour (currently 8.814 cents per kWh). The price to compare for small business customers will be 8.596 cents per kilowatt-hour (currently 8.785 cents per kWh). The new adjusted price to compare will be in effect until Dec. 1.
Shopping for energy supply: Information about shopping for electric supply can be found on the Pennsylvania Public Utility Commission’s website, www.PAPowerSwitch.com, or at www.pplelectric.com/choice.
PPL Electric Utilities encourages customers to 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, which includes generation and transmission charges, is customarily 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.