PPL announced this week that it will increase its residential electricity supply rate on June 1st, 2022 for the second time in 6 months, from 8.94 per kilowatt-hour (kWh) to 12.36 per kWh. That's an increase of 38%! In December 2021 PPL increased its rate by 26% from 7.544 per kilowatt-hour (kWh) to 9.502 per kWh.

To keep you informed and your wallet happy, we've outlined the causes of this increase, what this increase could potentially cost you and detailed several ways you can keep your PPL bill low this winter and beyond.

Why PPL Rates Are Increasing

PPL is likely to increase its electricity supply rate because of the possibility of higher natural gas prices. Pennsylvania uses natural gas to not only heat the majority of its homes but also generate a significant amount of its electricity. A particularly cold winter could put a strain on the natural gas supply, and cause prices to increase.

On top of this, there's a severe natural gas supply crunch in Europe and Asia. This has caused these countries to purchase more natural gas than ever from the US, which in turn, is causing utilities to pay more to stockpile the natural gas they need for this winter.

Ways to Protect Yourself From the PPL Rate Increase

Sign Up for a Long Term Contract

One way Pennsylvania residents may be able to save on their electric bills is by switching to a fixed-rate electricity plan with a lower electricity supply rate. These plans lock in your electricity rate for the duration of your contract – up to 36 months or longer in some cases.

Outside of saving money, switching electricity providers can benefit you in other ways:

  • Peace of Mind from Price Protection– Fixed-rate plans can lock in your electricity supply rate for 6 months up to 3+ years
  • Support 100% Renewable – You can find renewable energy plans that source 100% of their electricity from renewable sources via renewable energy credits (REC’s)
  • Unparalleled Service – Get the customer support you deserve from your supplier including things like usage reports and custom alerts

Compare Current PPL Electricity Rates

Pennsylvania

Price to Compare 12.36¢

The electricity utility's price for electricity supply expressed as a price per kWh, to be used to contrast prices with competitive suppliers.

Best Electricity Rates
ProviderPlan NameLengthRate Per kWhSign Up
Constellation
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PlanRate Per kWh
Constellation
36 Month Home Power Plan

36 Months
11.99¢
Select
Constellation
36 Month PowerPlug Plan

36 Months
12.49¢
Select
Constellation
24 Month Green Home Power Plan

24 Months
12.99¢
Select
Frontier Utilities
PA Frontier Online Premier - 6

6 Months
13.49¢
Select
Direct Energy
Live Brighter 36

36 Months
13.59¢
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  • 100% Renewable Sources
  • Smart Home System Included
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Other Ways To Cut Back On Your Energy Bills

If you're looking for other ways to cut back on your electricity bill, you can also check out our guide to lowering your electricity bill. This page provides a strategy you can use to cut back on the biggest energy consumers in your home so you can have the largest possible impact on your bill.

Outside of that, here are a few quick tips on how to lower your bill in preparation for this increase:

  • Check out the rebates offered by PPL to see if you can save on energy-efficient products and services that can cut back on your energy consumption.
  • Focus on cutting back on your heating and water heating consumption. These are generally the largest energy consumers in your home during the winter months.
  • Use smart home products to schedule when energy-consuming products are used so you don't waste energy unnecessarily.

These are just a few of the ways that you can lower your electricity consumption, so be sure to check out our full guide to comparing PA electric rates for more.

Disclaimer: Standard offer service rates, price to compare rates or default electric supply rates from your utility may differ from what's shown in this post. Check with your local utility provider to confirm.

Author: Jesse Shaver

Jesse Shaver

Jesse Shaver is an energy expert for ElectricityRates.com who has an avid interest in energy news and trends affecting consumers at the national, state, and local level.