Beginning September 1, 2013, PPL customers will see an increase in their electricity rate. The electricity supply rate will jump from $8.22 cents per kWh to $8.77 cents per kWh. This increase of $0.5 cents means that for the average Pennsylvania customer who uses 1,000 kilowatts of electricity a month, their monthly bill will increase by $5.
The price to compare of $8.77 cents per kWh is the rate that all PPL Electric customers will begin to pay starting next week. The price to compare is the set rate that the utility updates quarterly for electric supply. While PPL will always charge their residents for the transmission and distribution of energy (the poles and wires) all residents in the PPL service area can shop for their electricity provider.
Being aware of electricity rate increases is incredibly important, that way you, as the customer, can be prepared — whether that means setting aside a bit more money for the bill or switching to a different provider to avoid the rate change.
In fact, right now on ElectricityRates.com there are rates for electricity supply as low as 7.90 cents per kWh with providers such as Direct Energy, Con Edison Solutions, YEP Energy and Constellation. This means that residents of PPL who switch from PPL to a new energy provider could save as much as $10 a month and over $120 for the year.
By comparing incentive offers and loyalty and rewards programs extended by the different Pennsylvania energy providers, business and residential customers who have never switched providers before can reduce their energy bill. ElectricityRates.com provides comparison shopping for consumers and business owners looking to save money on their monthly energy bill. After submitting a valid zip code, shoppers are presented with up-to-date pricing and plan information available in their area. Information is organized in a consumer-friendly format that allows for sorting, filtering, and side-by-side energy plan comparison.
So what’s the wait? The team here at ElectricityRates.com is here to help those in the PPL region switch to a better rate today. Utilize your power to choose an electricity provider on our website and determine the rate you want to pay.