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PPL Electricity Rates

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If you're a PPL customer in Pennsylvania, chances are you’re paying more for electricity than you need to. PPL offers a default electricity rate called the Price to Compare (PTC), which is what you pay if you haven’t chosen a different supplier. While it’s convenient to stick with this rate, right now, there are better deals available in the open market. Let’s explore how you can save by comparing electricity plans and making an informed switch.

PPL Electric Utilities: Price to Compare

PPL Electric Utilities provides a variety of services to its customers, including electricity supply and distribution, billing, and customer support. PPL’s electricity rates, specifically the Price to Compare (PTC), are approved by the Pennsylvania Public Utility Commission (PAPUC) to ensure fairness and transparency. By understanding PPL’s services, customers can better manage their energy usage and costs, taking advantage of money saving incentives and promotions offered by the company.

What are the PPL services areas?

PPL Electric is your local electric utilities company if you live in Lancaster, Harrisburg, Bethlehem, Allentown, Berwick, and many other cities in eastern Pennsylvania.

While PPL is the only electric utilities provider in the area, it is not the only available electricity supply company. Under the Pennsylvania electricity choice program, PPL customers can shop for the most competitive electricity suppliers and rates-- whether that's PPL's current PTC rate or from a third-party energy provider.

What is the PTC?

The Price to Compare (PTC) is the electricity rate set by PPL Electric Utilities and includes costs associated with both the generation supply and transmission of electricity. This is the rate that PA energy customers pay if they elect not to shop.

PPL's PTC rates change every June 1 and December 1, influenced by the costs of generation and transmission in the energy market.

Why PPL Customers Shouldn't Settle for the Default Rate

The Price to Compare might seem like the safe option, but it’s not always the best deal. PPL updates this rate every quarter. It’s typically higher than what you could find by shopping around. Many third-party providers in Pennsylvania are currently offering rates below the PTC. Pennsylvania residents have the option to choose from competitive retail electricity suppliers, which can offer better rates.

For you, that means there’s a great opportunity to save. Alternative suppliers shop deals on the wholesale market to provide attractive pricing options.

For instance, if PPL’s current PTC is 10.00 cents per kWh, and another supplier is offering 7.85 cents per kWh, you could cut your bill by a significant margin. Over the course of a year, that difference adds up fast.

Step 1: Understand Your Current Electricity Charges

Start by checking your most recent energy bill. This will have all of your electricity supplier's billing details, as well as your active electric account number.

Understanding your monthly bill is crucial for managing and reducing your energy expenses. The Price to Compare will be listed there—this is your baseline. Any new plan you consider should have a rate lower than this number if you’re aiming to save on energy bills.

Step 2: Browse Competitive Electricity Plans

PPL is your utility, that means it's responsible for maintaining the power lines and delivering electricity to your home, but they’re not required to be your electricity supplier. In Pennsylvania’s power market, you can choose who supplies your electricity. That’s where the savings come in—by picking a supplier with a lower rate, you can pay less for the same electricity you’re already using.

It's important to understand the distinction between utility companies and energy providers, as you have the freedom to select your preferred energy provider to find competitive rates and plans.

Here’s how to get started:

Use an Energy Marketplace: Visit EnergyBot and enter your zip code. This will show you a list of available electricity plans in your area.

Compare the Rates: Look for plans offering rates lower than the current PPL Price to Compare. You’ll see a breakdown of the price per kilowatt-hour (kWh) for each plan, taking into consideration your electric usage profile.

Beyond just the price, here’s what else to consider:

  • Fixed vs. Variable Rates: A fixed-rate plan locks in your price for a set term, offering protection from future rate hikes. Variable-rate plans fluctuate up and down each month with the market. Some months you may save, others you could end up paying more. We typically advise our customer to avoid variable rate plans.
  • Contract Terms: Some plans are month-to-month, while others could lock you into a price for 12, 24, or even 36 months. We’ve found that for most people, 18-24 months is what is most preferred.
  • Early Termination Fees: If you switch providers before your contract ends your supplier will likely charge a fee. Make sure you understand these fees before making a decision.

Step 3: Make the Switch

Once you find a plan with a rate that beats PPL’s Price to Compare, you can sign up online. The process is straightforward, and your new energy provider will take care of the transition. PPL will continue to deliver your electricity and handle any outages, so there’s no risk of interruptions during the switch.

Here’s a quick example of how switching can save you:

  • Current PPL Price to Compare: 10.00 cents per kWh
  • New Supplier Rate: 7.85 cents per kWh
  • Monthly Usage: 1,200 kWh
  • Savings: (10.00 - 7.85) x 1,200 = $25.80/month, or over $300/year!

Step 4: Watch Your Contract End Date

If you lock into a fixed-rate plan, set a reminder a few months before your contract expires to shop around again. Managing your monthly bills is crucial to avoid higher costs.

Once your contract is up, you could be automatically enrolled in a higher variable rate plan. By staying proactive, you can continue to get the best possible rate.

What Happens If You Don’t Switch?

If you decide not to switch, you’ll remain on PPL’s default Price to Compare rate, which changes quarterly. While it’s convenient to stick with the PTC, you could end up paying significantly more over time in electric bills, especially if market prices drop and PPL’s default rate remains high. PPL electric rates can change quarterly, and it's important to stay informed.

As a PPL customer, you have the power to choose your electricity supplier. If you’re currently paying the Price to Compare, there’s a good chance you can save money by switching to a plan with a lower rate. It’s a quick and easy process, and you could see savings on your very next bill.

PPL Account Management

Managing a PPL account is straightforward, with options to pay bills online, by phone, or by mail. Customers can also access their account information, including usage history and billing details, through the PPL website or mobile app. PPL’s customer service team is available to assist with any questions or concerns, providing support for issues such as billing, electricity service outages, and energy efficiency.

Additionally, PPL offers programs like Budget Billing and OnTrack bill payment assistance to help customers manage their energy costs and avoid late payments.

PPL Electric Utilities: Customer Service

If PPL electric utilities services your home or business for electric utilities or as an energy provider, you'll need to know how to contact customer service if a problem ever arises.

To Report an Outage: Text "Outage" to TXPPL

Customer Service: 1-800-342-5775

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