PPL Electric quarterly price drops
PPL Electric Utilities has posted its quarterly price to compare for customers who rely on the utility to purchase electric supply on their behalf.
Effective Sept. 1, the new price to compare for residential customers will be 8.814 cents per kilowatt-hour (currently 9.036 cents per kWh). The price to compare for small business customers will be 8.785 cents per kilowatt-hour (currently 9.585 cents per kWh).
Shopping for energy supply: Information about shopping for electric supply can be found on the Pennsylvania Public Utility Commission’s website, www.PAPowerSwitch.com or at www.pplelectric.com/choice.
PPL Electric Utilities encourages customers to seek opportunities to save on power supply costs by shopping for deals with competitive electric suppliers.
About the price to compare: Generation rates and prices to compare for residential and small business customers are adjusted every three months to reflect the cost of power purchases and adjustments based on customer use in the prior period. The generation rate for large industrial customers is based on hourly market prices. The company’s price to compare is updated on March 1, June 1, Sept. 1 and Dec. 1 each year.