PUC approves $124 million rate hike for PPL
The Pennsylvania Public Utility Commission on Thursday approved a $124 million increase in PPL Electric Utilities rates, about 26 percent less than the company's request for $167.5 million.
The Pennsylvania Public Utility Commission on Thursday approved a $124 million increase in PPL Electric Utilities rates, about 26 percent less than the company's request for $167.5 million.
A typical monthly bill for a residential customer using 1,000 kilowatt hours will increase by $7.53 when the new rates go into effect on Jan. 1.
Under a settlement with the PUC and ratepayer advocates, PPL withdrew its request to increase its fixed customer fee from $14.09 a month to a daily fee that would amount to about $20 a month. More utilities are seeking to shift their income to fixed fees, which aren't affected by changes in customer consumption.
PPL, which is based in Allentown, serves 1.4 million customers in 29 counties, including Bucks, Chester and Montgomery.
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