Ppl Electric Rate Hike

All rates 0 002 0 002 0 001 this is not sales tax but a state tax adjustment charge.

Ppl electric rate hike. Stay connected follow us. September is national preparedness month and the perfect time to prepare your business for storms and emergencies. This is because ppl is a regulated utility in charge of electricity. Had a good financial quarter ending june 30 and even better news tuesday for its pennsylvania electric customers.

We buy electricity for customers who don t shop and pass it on without mark up. 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. See the complete list of rules for electric service with ppl electric utilities. The rate is determined by an auction that ppl holds for electric suppliers to bid on the right to service default rate customers.

It does not hurt ppl electric utilities if customers shop. 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. You can shop based on price special services or other factors such as green energy. Save money while remaining a ppl customer.

Current ppl rates for customers who don t shop. No new rate hikes through 2020. 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. This is the rate customers pay if they don t shop.

Ppl price to compare. Residential customers 6 1 2020 to 11 30 2020. This is the rate customers pay if they don t shop. 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.

Our continuing investment in a stronger more secure grid and our. This graph from the energy information administration eia shows the increase in average residential electricity prices as a percentage between 2009 and. Shop for a supplier. The typical residential bill would increase 5 46 each month to about 133 according to ppl.

That s about 7 53 per month for a. Price to compare rates. We buy electricity for customers who don t shop and pass it on without markup. Ppl wants you to shop and find a lower rate.

Small business customers will see their energy price dip about 1 cent from 7 224 cents per kwh to 6. By anthony salamone aug 07.