PPL Electric to raise rates 15% in June; how to prepare
The Allentown-based utility is raising rates by about 15%, from 10.771¢/kWh to 12.490¢/kWh for residential customers effective June 1.
The applies to the generation supply price, or 'Price to Compare.' Customers can select a different generation supplier than PPL and potentially find a cheaper price.
'While PPL Electric doesn't generate electricity or control electric generation supply prices, we understand that our customers look to us for guidance and support,' said Christine Martin, president of PPL Electric Utilities. 'That's why we're committed to delivering safe, reliable service — and helping customers better understand their electric bill, reduce energy use and make informed decisions to manage their energy costs.'
'We continue to advocate for long-term policy reforms that can bring more stability to electricity supply and contribute to lower overall electricity prices for our customers, including allowing regulated utilities to invest in electric generation on behalf of our customers,' said Martin. 'We foreshadowed an increase of this nature in multiple and widespread communications following the steep price increases in PJM's July 2024 capacity auction. What we anticipated would happen is now, unfortunately, becoming reality.'
PPL says they directly pass generation supply costs on to the customer without any markup or profit.
The utility says that if customers are looking for resources to help manage their bills, they are encouraged to look into 'budget billing,' which allows customers to spread their electricity costs throughout the year to make monthly bills more predictable.
They also suggest shopping for a competitive energy supplier. You can do so at the Public Utility Commission's website here.
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Before choosing a new supplier, PPL says customers should carefully review the terms and conditions — including price, contract length, fixed or variable rates, monthly and/or cancellation fees, and expiration dates.
PPL serves much or all of Dauphin, Lancaster, Perry, Juniata, and Cumberland counties.
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