The ppl price to compare is the default electricity generation rate for customers who do not shop for their own supplier in Pennsylvania’s deregulated market. As wholesale energy prices have dropped, shoppers in the PPL electric service area are finding it easier than ever to find competitive rate plans that offer significant savings compared to the utility’s price to compare.
Energy choice is now a reality for 1.4 million customers in the PPL electric service area across 29 counties. PPL owns and maintains the distribution network of poles, lines, meters, and switches that deliver power to homes and businesses in their service territory. The utility also sets the electricity generation supply rate for customers who do not choose their own provider in auctions that are overseen by the PA Public Utilities Commission.
Understanding PP&L’s Price to Compare: How to Evaluate and Optimize Your Energy Costs
After these auctions, the utility sets a default supply rate known as the PPL price to compare which is published monthly on your utility bill. Once you select a new plan with a competitive retail electricity supplier, that supplier’s rate will replace the default PPL price to compare on your next bill. Saving money on your PPL electric bills is the most popular reason why consumers take the time to shop for a better deal on their electricity rates.
When shopping for the best ppl price to compare plan, remember that retail electricity suppliers buy energy from generator companies on the wholesale markets and then sell it to the utility company who delivers it to your home or business. A good comparison site will show you the prices of multiple competing suppliers in your area along with a description of each provider’s features and benefits. In addition to competitive prices, many of these suppliers also offer budget certainty with fixed rate contracts that last typically 48 months. Some even provide 100% green options for those that care about their environmental impact.