PPL Electric’s default supply rate, also known as the Price to Compare rate, changes twice a year, the utility company said.
HARRISBURG, Pa. — PPL Electric announced Thursday that it will raise its Price to Compare rates for residential and small business customers on Dec. 1.
“PPL Electric delivers electricity to its customers, but it doesn’t own the power plants where that electricity is generated,” the utility company said in a press release. “For those customers who don’t choose an alternative energy supplier, PPL Electric must secure enough electricity to power its customers’ homes and businesses through competitive energy auctions held twice per year.
“The auctions are designed to secure the lowest costs for electricity under our default supply plan approved by the Pennsylvania Public Utility Commission (PUC). PPL Electric’s default supply rate, also known as the Price to Compare (PTC), changes twice a year.”
According to PPL Electric, the …
![International Graphite’s $4.5 million grant milestone in WA [Video]](https://StartupBusinessReady.com/wp-content/uploads/2024/11/mp_566487_0_0jpg.jpg)
