PPL Electric Utilities will change its generation service charge December 1 based on the latest costs to supply service to customers who do not choose an alternative supplier in the competitive power market.

The utility’s generation and transmission rates combined make up the “price to compare” for the purposes of shopping among alternative suppliers. The price to compare will decrease slightly for residential and small commercial customers on the utility’s default supply service.

For residential customers, the new price to compare will be 7.544 cents per kilowatt-hour, down from 7.907 cents per kilowatt-hour currently. 

The components of the price to compare make up about two-thirds of the typical residential monthly bill for non-shopping customers. The price to compare does not include the distribution charges on a customer’s bill, which apply to all customers and cover the company’s costs to deliver power and provide customer service.

For small business customers, the new price to compare will be 10.206 cents per kilowatt-hour, compared with 10.346 cents per kilowatt-hour currently.

A full list of PPL Electric Utilities’ new rates for all rate classes can be found at www.pplelectric.com/choice.

NewsClip: PPL Drops Rates For Home, Business Customers

11/26/2012