Wednesday
May 23, 2012

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PPL to hike rates for many customers

HARRISBURG - The rates that PPL Electric Utilities passes along to customers who don’t select an alternative energy supply will increase June 1 based on a filing submitted with the state Public Utility Commission. The new rates affect only residential and small-commercial customers on the utility’s default supply service.

The updated rates reflect higher supply portfolio costs that include projected market costs for the next three months when demand for electricity generally peaks across the region. It also reflects an annual update to transmission rates, which are set by the Federal Energy Regulatory Commission and are updated every June 1.

The new price to compare for residential customers will be 7.993 cents per kilowatt-hour, up from 6.935 cents per kilowatt-hour currently. 

This price applies to residential customers who have not chosen an alternative supplier and receive “default” supply service from PPL Electric Utilities. The price to compare includes generation and transmission services, which combined make up about two-thirds of the typical residential monthly bill. It does not include distribution charges, which apply to all customers and cover the company’s costs to deliver power and provide customer service.

For small-business customers, the new price to compare will be 9.154 cents per kilowatt-hour, compared with 6.387 cents per kilowatt-hour currently.

A full list of PPL Electric Utilities’ new rates for all rate classes can be found at www.pplelectric.com/choice.

 


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