Pennsylvania Business Electric Rates
Pennsylvania business electricity customers can lower their electric rates if they have not already done so in most areas. Small and medium size businesses in the PP&L (Pennsylvania Power & Light) area pay a default rate of $0.10402 per kwh in 2010. The default rate in 2011 is not expected to be below $0.10 per kwh. Right now fixed electric rates in PPL can be locked in for up to 36 months at $0.085 cents per kwh.
On Janaury 1, 2011 capped rates will expire for roughly half of the state including customers in the PECO area. Electric providers have already begun offering commercial and industrial electric customers fixed electric rates that would start in January when the new default rates take place which are expected to be about a 10% increase compared to what those PECO customers are currently paying.
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