PPL Residential Electric Rate Set to Increase by 25%
PPL Electric customers will be ending the year with higher electricity bills. This comes as a result of the new electricity prices posted by the utility for the period commencing on December 1, 2021.
Starting December 1, 2021, the residential (RS) Price to Compare (PTC) goes up to 9.502 cents per kWh, as posted by PPL. That’s more than a 25% increase over the current residential PTC of 7.544 cents per kWh.
Likewise, starting on the same period, the small commercial (GS1 and GS3) Price to Compare rises to 10.285 cents per kWh, as listed by PPL. The amount reflects a 36% hike over the current price of 7.541 cents per kWh.