PPL Electricity Rates To Increase 30%

When the rate cap comes off on 1/1/10, PPL will raise their rates 30%.  The good news is that 5 other companies are competing for customers in PPL’s service area offering lower prices.  It is expected that up to 10 companies could enter the market and offer consumers an alternative to PPL’s new rates.

Customers should start enrolling now if they wish to change electricity providers as it can take a number of weeks for the switch to occur once you request a new service provider.