Connect with us

Hi, what are you looking for?

Coal Region Canary
Coal Region CanaryCoal Region Canary

Coal Region Consumer

New, Lower PPL Electric Rates Go Into Effect on June 1

At least one price these days is going down.

Starting this Saturday (June 1) PPL Electric customers who use the company’s default electricity supply will see a decrease in their electricity costs.

This change impacts those who have not chosen a separate electricity provider and use PPL’s standard supply rate, known as the Price to Compare (PTC).

The PTC, which is updated every six months, allows customers to compare prices from different energy suppliers. It ensures that PPL Electric charges customers only what they pay for the electricity supply, with no extra profit added.

The upcoming adjustment will apply from June 1 to November 30, 2024.

Advertisement. Scroll to continue reading.

Under the new rates, a typical residential customer using 1,000 kWh per month will notice more than a 9% drop in the supply part of their electricity bill. Small business customers will see a nearly 19% reduction in their supply costs.

Christine Martin, President of PPL Electric Utilities, says in a statement, “This decrease is good news for our customers. Through a competitive process, we’ve been able to secure an affordable energy supply for our customers who don’t shop for energy. We continue to work on making our operations more efficient to keep delivering electricity reliably and at reasonable prices.”

The new rates are as follows: residential customers will have a new default rate of 10.040 cents per kWh, resulting in a monthly decrease of about $9.77 in their bills. For small business customers, the rate will be 9.237 cents per kWh, saving them around $22.24 each month.

This reduction continues a trend from last year, which started on June 1, 2023. Since then, the Price to Compare has gone down by more than 17% for residential customers and nearly 21% for small business customers.

Advertisement. Scroll to continue reading.

Subscribe to Coal Region Canary

Get email updates from Coal Region Canary by becoming a subscriber today. Just enter your email address below to get started!

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

More From The Canary

PA Lottery Numbers

Wednesday's winning numbers

PA Lottery Numbers

Saturday's winning numbers

PA Lottery Numbers

Thursday's winning numbers

PA Lottery Numbers

Sunday's winning numbers

Local Sports

Here is a weekly update on coal region natives in pro baseball.

Pottsville News

Soup kitchen serves up to 100 needy people 4 days a week

Schuylkill County News

Last seen leaving his home at 5:30 a.m. Sunday

Minersville News

Police have not released the name of the victim.