PPL Electric Utilities, an energy company in Pennsylvania, is changing its generation service charge and offering a "price to compare" service beginning September 1, and the firm is reminding consumers that the state allows for shopping around, North Central PA reports.
In Pennsylvania's deregulated electricity market, customers can choose from a variety of different energy offerings, from the state's default electricity company to other licensed suppliers.
According to the news source, PPL adjusts its generation charge every three months to keep prices down for customers and to stay up-to-date with the ever-changing costs of power supply. Rate changes go into effect March 1, June 1, September 1 and December 1 each year.
The company's price to compare option will allow customers to see generation and transmission charges, which typically account for over 60 percent of a residential electricity bill. Essentially, this is the rate per kilowatt-hour paid by PPL customers if they do not switch to another energy company. PPL estimates that prices will decrease for most rate classes on September 1.
According to the company's website, PPL Electric Utilities serves 1.4 million customers in Pennsylvania.