This spring, PPL electricity customers’ bills will get more complicated – and more expensive.
A new rate will be levied on PPL electric bills called the distribution system improvement charge, or DSIC. The impact on the average bill may be modest at first, just a few cents, but it will rise as PPL seeks to raise $705 million from ratepayers to fund ambitious replacement and improvement of the electrical distribution system.
If approved, the new rate will be levied as early as May 1, could be subject to change before then and then every three months thereafter.
The rate is starting out small, just a fraction of a percent of PPL’s components of the bill: the customer charge and distribution rate. The impact on the average bill will be minimal at first – just 7 cents. But PPL has the ability to change that rate every quarter, up to 5 percent.