Thousands of people in Schuylkill County are paying considerably more for their electricity service today than they did yesterday. New rates from PPL Electric going into effect today, Dec. 1.
Residential customers will now pay 26% more for their electricity than they did in November.
Business customers will pay even more. Those rates are up more than 36%. Prior to today’s rate hike, businesses were actually paying less than residential customers for PPL Electric Service.
According to Lancaster Online, the main reason for the price hike is the rising price of natural gas, the fuel used to create most of the electricity it generates.
The PPL Electric website indicates the new rates are in effect from Dec. 1 until May 31, 2022.
New PPL Electric Rates in 2021Here are the new rates for PPL Electric service starting Dec. 1, 2021. Rates are in effect until May 31, 20222. (Rates shown as per kilowatt hour)
|Old Rate||New Rate|
Business and residential electric customers do have the ability to switch providers. To start that process, check out the information, including comparison rates at the Pennsylvania Public Utility Commission.
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