ALLENTOWN, Pa. (Oct. 31, 2024) – PPL Electric Utilities, a major electricity provider in eastern and central Pennsylvania, is updating its default electricity supply rates. For customers who prefer not to choose their own energy supplier, PPL Electric plays a crucial role in securing electricity through competitive auctions. These auctions, conducted twice a year, are designed to obtain the most cost-effective electricity for customers under the default service plan, which is regulated and approved by the Pennsylvania Public Utility Commission (PUC). This default service rate, known as the Price to Compare (PTC), is updated every six months.
Starting December 1, 2024, PPL Electric’s Price to Compare is changing. Here’s what you need to know:
- For Residential Customers: The new default rate will be 10.771¢/kWh, an increase from the current rate of 10.040¢/kWh.
- For Small Business Customers: The default rate will rise to 10.446¢/kWh, up from the current 9.237¢/kWh.
This rate adjustment, pending PUC approval, will be in effect from December 1, 2024, through May 31, 2025. It’s important to understand that the Price to Compare is the benchmark PPL Electric recommends customers use when evaluating offers from alternative energy suppliers. By understanding this rate, you can effectively Compare Ppl Electric Rates and make informed decisions about your energy costs.
“Our commitment is to our customers, and securing the lowest possible energy supply price for those who choose our default service is a key part of that commitment,” stated Christine Martin, president of PPL Electric Utilities. “Given the fluctuating nature of energy costs, we are dedicated to providing customers with resources and programs to help manage their energy expenses. We strongly encourage everyone to actively review their bills, utilize the PUC’s website to compare offers from different suppliers, and select the option that best suits their needs.”
Shopping for Your Energy Supply: A Smart Move to Compare PPL Electric Rates
All PPL Electric customers have the power to choose their energy supplier. This means you can shop around and find a supplier that offers rates and plans that align with your budget and energy needs. PPL Electric’s Price to Compare serves as an essential reference point when you are comparing offers from these alternative suppliers.
To begin shopping and compare ppl electric rates, customers are directed to visit the official PUC website: PaPowerSwitch.com. This platform provides a marketplace where you can explore and compare various energy suppliers and their plans.
When shopping, PPL Electric advises customers to carefully examine the terms and conditions associated with each offer. Pay close attention to the price structure, contract expiration dates, any potential cancellation fees, and other important conditions. Understanding these details is crucial to effectively compare ppl electric rates and avoid unexpected charges.
For the most up-to-date default supply rates and helpful shopping tips, visit pplelectric.com/shopping. This resource will provide you with the information you need to confidently compare ppl electric rates and make the best choice for your energy supply.
Practical Tips to Effectively Manage Your Energy Bills
PPL Electric provides a range of programs and tools designed to help customers take control of their energy costs and achieve savings. These resources are invaluable for anyone looking to manage their monthly expenses. Here are some key programs available:
- Predictable and Affordable Bills: Take advantage of budget billing options, flexible payment plans, and adjustable due dates to better manage your budget and make bill payments more convenient.
- Energy Saving at Home and Work: Explore no-cost and low-cost energy-saving programs and products. Residential customers can benefit from a free virtual home energy audit with PPL Electric’s energy advisors, providing personalized guidance on saving energy.
Person using a tablet to manage energy bills and compare electric rates online
- Bill Assistance and Support Programs: If you are facing challenges paying your bill, PPL Electric offers assistance and payment arrangements to support families in need, regardless of income level.
- Stay Informed on Rate Changes: Keep up-to-date with PTC changes by signing up for alerts at pplelectric.com/alerts. Staying informed is crucial when you want to effectively compare ppl electric rates over time.
Access a comprehensive digital toolkit with resources and tips at: pplelectric.com/SeasonalSavings. This toolkit is designed to help you manage your energy consumption and potentially lower your bills.
About PPL Electric Utilities
PPL Electric Utilities is dedicated to delivering safe, reliable, and affordable electricity to over 1.5 million homes and businesses across eastern and central Pennsylvania. The company consistently achieves high rankings among the nation’s top utility companies for both reliability and customer satisfaction. A major employer in Pennsylvania, PPL Electric Utilities is also actively involved in supporting the communities it serves. It is part of the PPL Corporation (NYSE: PPL) family of companies.
For more information, please visit pplelectric.com. You can also connect with PPL Electric on social media platforms such as Facebook, Twitter, and Instagram for energy efficiency tips, bill assistance information, guidance on shopping for electricity suppliers, storm updates, and much more. These platforms are excellent resources for staying informed and learning more about how to compare ppl electric rates and manage your energy usage effectively.
