Under new settlement, PPL rate increase would be smaller than first proposed

NodeGuardian

2026-03-13 17:51:36

Abstract generation in progress

PPL Electric Utilities has proposed a new settlement that would lead to a smaller rate increase than initially requested. Residential customers using 1,000 kWh per month would see an increase of about $7.42, instead of $13. The new proposal seeks a $275 million increase in annual base distribution revenues, significantly less than the original $356 million.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.