With electricity competition heating up in the PPL territory, many consumers have voiced their confusion over their current PPL bill. In order for PPL electricity customers (both commercial and residential) to save money through deregulation, they have to understand what the prices they are being offered should be compared against; PPL has labeled this as the “Price to Compare”.
Unfortunately for consumers, PPL does not clearly label on the invoiced bills what exactly the Price to Compare includes. The price to compare, the PPL rate that you should compare to competitive suppliers, includes the generation charge and the transmission charge labeled on your PPL bill. If you add these two rates together you will have your price to compare, it’s as simple as that.
There is a misunderstanding in the PPL area that only the generation rate should be compared against alternative electric supplier offers. It is important to also include the transmission charge so that you can get an accurate apples-to-apples comparison. Price to compare rates for small and medium businesses are $0.10402 per KWh. Current competitive electricity rates for these customers range from $0.085 to $0.095 per KWh (kilowatt hour).
Having trouble finding an honest low rate? Leave a comment or send an email for information.
{ 1 comment… read it below or add one }
I have Rockland Electric for my electric company and i just received offer of $0.1075 (KWH) Rate. Can you supply me with cheaper rate and the company offerin rate is VERDE ENERGY