The Pennsylvania Public Utility Commission gave thumbs up to a rate increase, but its not as much as Pennsylvania Power and Light wanted a 2.4 percent increase, which would have added up to a $115 million dollar increase.
The PUC voted against it but agreed to allow PPL to raise its price by 1.62 percent or $77.5 million dollars. The average customer using 1,000 kwh a month will have to pay an additional $5.06 a month.
If the utility had been successful with its original request, the monthly add-on would have shot up to $7.39 or another $88.68 a year. The savings are for many customers about a tank of gas.
PPL services about 1.4 million customers in Pennsylvania.
For more information about the way rates are settled upon, let Rock The Capital power you over to the PUC.
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