Allentown Energy Rates
Businesses and households in Allentown Pennsylvania have several electricity companies to choose from now that the state of Pennsylvania has been deregulated. Energy choice has given electricity consumers dozens of rate options to choose from, many of which are lower than the local utility default rates.
While citizens of Allentown have choices of who to buy the electricity generation from, they are all forced to receive that power through the electrical grid operated and managed by Pennsylvania Power and Light (PP&L). PP&L remains a regulated electricity delivery company who also continue to provide Allentown energy customers with their monthly electric bill. PP&L also provides default generation rates for those customers who do not choose an alternative energy supplier.
Pennsylvania Power and Light does not profit from the generation default rate that they charge customers who are slow to adopt to electric choice. Revenues from default service is transferred through PP&L to competitive electricity companies who have been granted the right to served default paying customers through a bid process. This contradicts one of the biggest reasons customers cite for not switching electric suppliers – customer loyalty to PP&L. The Pennsylvania electric choice law prohibits the PP&L utility from offering competitive electricity rates in their utility service area. Another company that falls under the PPL Corporation umbrella, PPL Energy Plus, offers competitive rates in the area. However, customers should understand that PPL Energy Plus is a different company than the PP&L they are used to getting their bill from.
While current PP&L residential default rates are low, competitive electricity rates have been found that are even lower. Commercial default rates in the PP&L area have been extremely high with savings as much as 30% available for businesses who shop for competitive electricity.
Here are current low electricity prices for PP&L residential customers in Allentown (updated daily):