PPL Electric Utilities, while delivering electricity to your homes and businesses, focuses on distribution rather than generation. This means that for customers who opt not to choose an alternative energy supplier, PPL Electric diligently sources electricity through competitive auctions held biannually. These auctions are crucial for securing the most cost-effective electricity rates under the default service plan, a plan rigorously approved by the Pennsylvania Public Utility Commission (PUC). This default service rate is what’s known as the Price to Compare (PTC), and it adjusts twice each year.
Starting December 1, 2024, a new Price to Compare will be in effect for PPL Electric customers. Here’s what you need to know about these updated rates:
- For Residential Customers: The new default service rate will be 10.771¢/kWh, a slight increase from the current rate of 10.040¢/kWh.
- For Small Business Customers: The default service rate is also adjusting to 10.446¢/kWh, up from the existing 9.237¢/kWh.
Assuming approval from the PUC, these new rates will be applicable from December 1, 2024, through May 31, 2025. It’s important to understand that this Price to Compare serves as the benchmark for customers when evaluating offers from alternative energy suppliers.
“Our commitment is always to our customers’ best interests, and securing the lowest possible energy supply price for those who choose our default service is a key part of that,” stated Christine Martin, president of PPL Electric Utilities. “Given the fluctuations in energy costs, we are dedicated to empowering our customers with resources to manage their monthly electric bills effectively. We strongly encourage everyone to actively review their bills, utilize the PUC’s website to compare supplier options, and select a supplier that best meets their individual needs.”
Navigating Your Energy Supply Options
Remember, as a PPL Electric customer, you have the power to choose your energy supplier. The Price to Compare is specifically designed to be your starting point when exploring these options. To begin shopping for an alternative energy supplier, visit the Pennsylvania Public Utility Commission’s dedicated website: PaPowerSwitch.com. This platform allows you to compare various offers and find a plan that suits your energy consumption and budget.
When you are shopping for an energy supplier, PPL Electric advises customers to carefully examine the terms and conditions associated with each offer. Pay close attention to the contract price, the duration of the contract, any potential cancellation fees, and all other conditions that may apply. Understanding these details is crucial in making an informed decision about your energy supply.
For the most up-to-date default service rates and helpful shopping tips, you can always visit PPL Electric’s dedicated shopping page at pplelectric.com/shopping.
Practical Tips to Manage Your Energy Bills
PPL Electric provides a range of programs and tools designed to help you take control of your energy costs and achieve savings. These valuable resources include:
- Predictable and Manageable Bills: Utilize budget billing and flexible payment plans, and choose due dates that align with your financial schedule.
- Energy Saving at Home and Work: Take advantage of no-cost and low-cost energy efficiency programs and products. Residential customers can even schedule a free virtual home energy audit with a PPL Electric energy advisor for personalized guidance.
- Bill Assistance and Support Programs: If you are facing challenges with bill payments, PPL Electric offers various assistance programs and payment arrangements to support families in need, regardless of income level.
- Stay Informed on PTC Updates: Keep abreast of any changes to the Price to Compare by signing up for alerts at pplelectric.com/alerts.
Explore the comprehensive digital toolkit available at pplelectric.com/SeasonalSavings for more ways to save.
About PPL Electric Utilities
PPL Electric Utilities is committed to delivering safe, reliable, and affordable electricity to over 1.5 million homes and businesses across eastern and central Pennsylvania. Recognized consistently for its reliability and customer satisfaction, PPL Electric Utilities is a significant employer and a dedicated community supporter. As part of the PPL Corporation (NYSE: PPL) family of companies, PPL Electric Utilities is deeply invested in the communities it serves.
For further information, please visit pplelectric.com or connect with PPL Electric on social media for energy efficiency tips, bill assistance information, guidance on choosing an electricity supplier, and storm updates: Facebook, Twitter, and Instagram.
