Pennsylvania Electricity Rates Spiking By As Much As 50 Percent

Blame it on the polar vortex.

Effective Sunday, Metropolitan Edison customers will see electricity generation rates spike 25.4 percent.

Overall, the company’s electric bills — of which generation is one part — are rising 16 percent, from $93 to nearly $108 a month for the average residential consumer using 750 kilowatt-hours a month, said Met-Ed spokesman Scott Surgeoner.

The reason is two-fold: Demand during the summer, when prices normally rise, is one factor, and the utility purchased some of the electricity for the upcoming three-month period “during the January polar vortex, when prices were extremely high,” he said.

Read more: http://www.lehighvalleylive.com/breaking-news/index.ssf/2014/05/pennsylvania_electricity_rates.html

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PPL To Raise Rates 6.7%

The PPL Building (seen here in the distance) i...

The PPL Building (seen here in the distance) is the tallest building in Allentown, Pennsylvania. (Photo credit: Wikipedia)

Consumers who’ve stayed with PPL Electric Utilities these past three-plus years might be getting second thoughts.

PPL is raising its residential rate by 6.7 percent effective Sept. 1, the company announced Friday.

The upturn marks the second consecutive quarterly increase for the utility and PPL’s highest price in two years.

As the rate climbs to 8.777 cents per kilowatt-hour from 8.227 cents, it will add about $5 to the monthly bill of the consumer using 1,000 kwh.

Read more: http://lancasteronline.com/article/local/886672_PPL-to-raise-rates-6-7-.html#ixzz2cu0Ptv1S