PPL Commercial Rates
PPL Commercial Rates
Now that we are past a full month into the new year, PPL commercial customers are getting a first look at their new high PPL default rates which are 18-36% higher than what they were in December 2009. The reason for this sudden increase is due to the fact that decade long capped rates set by PPL expired on December 31, 2009.
The exact amount of the increase is dependent of the customer classification (rate class) that is assigned to them by PPL. Factors such as KW demand and annual KWh consumption determing the rate class for commercial clients. Smaller mom and pop shops will see an increase of around 18% while larger office buildings, movie theatres, factories, ect. will see a larger increase closer to 36%.
With these increases in place, the competitive market for electricity in the PPL territory has heated up. With more than a dozen licensed electric providers offering electric service in the territory, commercial customers have a variety of options to lower and manage the recent energy price spikes. Also in the market are numerous electricity brokering and consultant outfits who inform their clients which providers are offering the lowest rates as well as provide information on different types of electricity rate products and contract concessions.
Current Competitive PPL Commercial Rates (updated daily):
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