{"id":3455,"date":"2023-05-11T17:31:13","date_gmt":"2023-05-11T22:31:13","guid":{"rendered":"https:\/\/www.paenergyratings.com\/blog\/?p=3455"},"modified":"2023-05-11T17:31:16","modified_gmt":"2023-05-11T22:31:16","slug":"ppl-cutting-residential-ptc-rate","status":"publish","type":"post","link":"https:\/\/www.paenergyratings.com\/blog\/ppl-cutting-residential-ptc-rate\/","title":{"rendered":"PPL Cutting Residential PTC Rate"},"content":{"rendered":"\n<h2>PPL Lowers PTC Rate<\/h2>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"alignright size-medium\"><img loading=\"lazy\" width=\"300\" height=\"200\" src=\"https:\/\/www.paenergyratings.com\/blog\/wp-content\/uploads\/2023\/05\/PPL-rate-save-more-300x200.jpg\" alt=\"PPL will cut its PTC rate but is it really cheaper? Find out how you can shop for a better deal on your electricity!\" class=\"wp-image-3469\" title=\"PPL Lowers PTC Rate\" srcset=\"https:\/\/www.paenergyratings.com\/blog\/wp-content\/uploads\/2023\/05\/PPL-rate-save-more-300x200.jpg 300w, https:\/\/www.paenergyratings.com\/blog\/wp-content\/uploads\/2023\/05\/PPL-rate-save-more-230x153.jpg 230w, https:\/\/www.paenergyratings.com\/blog\/wp-content\/uploads\/2023\/05\/PPL-rate-save-more-350x233.jpg 350w, https:\/\/www.paenergyratings.com\/blog\/wp-content\/uploads\/2023\/05\/PPL-rate-save-more-480x320.jpg 480w, https:\/\/www.paenergyratings.com\/blog\/wp-content\/uploads\/2023\/05\/PPL-rate-save-more.jpg 724w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><figcaption><center><em>Although PPL is cutting its PTC rate, you can still shop better deals from PA electricity suppliers. Find out who has the best plans and prices for summer now!<\/em><\/center><\/figcaption><\/figure><\/div>\n\n\n\n<p><strong>PPL <\/strong>customers have had plenty of reasons to <a href=\"https:\/\/www.paenergyratings.com\/blog\/ppl-high-bill-mistakes-hit-customers-hard\/\">be upset<\/a> with the utility recently. But it can&#8217;t be all bad. Other utilities have been raising <a href=\"https:\/\/www.paenergyratings.com\/blog\/peco-and-first-energy-raising-rates\/\">Price to Compare (PTC) rates<\/a> this summer. But, <a href=\"https:\/\/www.paenergyratings.com\/companies\/ppl\"><strong>PPL <\/strong><\/a>is now cutting their PTC rate. However this doesn\u2019t mean you should overlook buying an electricity plan. In fact, if you look closer, it&#8217;s not a very good deal at all. The best electricity plan for you should save you money through all seasons. So let&#8217;s look deeper at the PPL rate decrease and see about getting the best electricity rate.<\/p>\n\n\n\n<h3>Is the PPL Rate Cheaper?<\/h3>\n\n\n\n<p><strong>PPL <\/strong>recently <a href=\"http:\/\/www.energychoicematters.com\/stories\/20230502a.html\">posted their new PTC rates<\/a> for the next six months. Beginning June 1st, 2023 <strong>PPL <\/strong>default rate customers will see their electricity bills decrease by 17%. Instead of 14.612 cents per kWh, it will be 12.126 cents per kWh. That\u2019s about $25 in savings.<\/p>\n\n\n\n<p>Following that, small commercial customers are getting a break too. Their rates are decreasing from 14.75 cents per kWh to 11.68 cents per kWh. That&#8217;s a 21% decrease in electricity costs.<\/p>\n\n\n\n<h3>Save More by Shopping Electricity Rates<\/h3>\n\n\n\n<p>With those savings, you might be wondering why you should shop for an electricity plan. But you can find much lower rates, and lock those rates in for over 6 months. That means when PTC rates are updated later in the year, you\u2019ll still be locked into a low rate.<\/p>\n\n\n\n<p>For instance, let\u2019s <a href=\"https:\/\/www.paenergyratings.com\/electricity-rates\">shop for electricity rates<\/a> in Allentown. If you want a 12 month fixed rate plan, you\u2019ll find the <a href=\"https:\/\/www.paenergyratings.com\/companies\/verde-energy\"><strong>Verde Energy<\/strong><\/a> Clean Power 12 for only 10.29 cents per kWh. That\u2019s $41 a month lower than the current PTC rate.<\/p>\n\n\n\n<p>If you&#8217;re in Lancaster, check out the <a href=\"https:\/\/www.paenergyratings.com\/companies\/energy-harbor\"><strong>Energy Harbor<\/strong><\/a> Safe Harbor 24. Their rate is 10.79 cents per kWh, saving you $36 a month compared to the current PTC rate.&nbsp;<\/p>\n\n\n\n<p>And if you&#8217;re in Scranton, look into the <strong><a href=\"https:\/\/www.paenergyratings.com\/companies\/direct-energy\">Direct Energy<\/a><\/strong> Live Brighter 18. You can save for the next 18 months with a rate of 10.49 cents per kWh. That&#8217;s saving you $40 a month.<\/p>\n\n\n\n<h3>Find the Best Electricity Rates Today<\/h3>\n\n\n\n<p>While PTC rate decreases are good, you could be saving even more money. <a href=\"https:\/\/www.paenergyratings.com\/blog\/how-to-shop-and-compare-ppl-electricity-rates\/\">Shopping for the best electricity plan<\/a> doesn\u2019t have to be difficult. And if you want to find a new electricity plan, we can make it easy!<\/p>\n\n\n\n<p>Compare providers, <a href=\"https:\/\/www.paenergyratings.com\/read-reviews\">read reviews<\/a>, and get the best rate all in one place. Visit <a href=\"https:\/\/www.paenergyratings.com\">https:\/\/www.paenergyratings.com<\/a>\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>PPL Lowers PTC Rate PPL customers have had plenty of reasons to [&hellip;]<\/p>\n","protected":false},"author":10,"featured_media":3472,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mbp_gutenberg_autopost":false},"categories":[50,2,3,5,55,82,9,13,65,66,105,51],"tags":[],"_links":{"self":[{"href":"https:\/\/www.paenergyratings.com\/blog\/wp-json\/wp\/v2\/posts\/3455"}],"collection":[{"href":"https:\/\/www.paenergyratings.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.paenergyratings.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.paenergyratings.com\/blog\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/www.paenergyratings.com\/blog\/wp-json\/wp\/v2\/comments?post=3455"}],"version-history":[{"count":9,"href":"https:\/\/www.paenergyratings.com\/blog\/wp-json\/wp\/v2\/posts\/3455\/revisions"}],"predecessor-version":[{"id":3473,"href":"https:\/\/www.paenergyratings.com\/blog\/wp-json\/wp\/v2\/posts\/3455\/revisions\/3473"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.paenergyratings.com\/blog\/wp-json\/wp\/v2\/media\/3472"}],"wp:attachment":[{"href":"https:\/\/www.paenergyratings.com\/blog\/wp-json\/wp\/v2\/media?parent=3455"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.paenergyratings.com\/blog\/wp-json\/wp\/v2\/categories?post=3455"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.paenergyratings.com\/blog\/wp-json\/wp\/v2\/tags?post=3455"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}