PPL Proposes $114,676,490 Annual Rate Increase

On Friday, February 26, 2010 PPL increased its dividend to shareholders then the following Monday March 1, 2010 PPL issued a media release titled "PPL Electric Utilities to request modest distribution rate increases for 2011." To conclude the statement of reasons for the increase PPL stated, "PPL Electric's proposed distribution rate increase is just and reasonable and should be approved by the Commission."

 

PPL states it is modest, just, and reasonable to:

  • Increase its rates $114,676,490 annually
  • Increase residential customer service charges 82%
  • Increase PPL's portion of the average residential bill 27%
  • Require residential customers to pay 100% of the increase
  • Request a rate increase every few years
  • Implement a rate structure that provides the greatest increase to smallest users

PPL believes that its proposed rate increase is modest, just, and reasonable; do you? The Pennsylvania Public Utilities Commission has ordered an investigation into the lawfulness, justness, and reasonableness of PPL's rates, rules, and regulations. Sustainable Energy Fund encourages all consumers affected by the proposed rate increase to come to the hearings.

Wednesday, June 23, 2010

6PM

Harrisburg

Commonwealth Keystone Building
2nd Floor Hearing Room,
400 North St.
Harrisburg, PA 17120

"We have concluded that the best policy for electric distribution companies, such as PPL Electric Utilities, is to charge a flat monthly fee for electricity delivery services, rather than fees based on the kilowatt-hours used" said John Sipics, PPL's former President, concerning PPL's 2005 rate increase.