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BUSINESS NEWS
June 21, 2018

State approves larger monthly reduction in customer bills, starting July 1

 

            PPL Electric Utilities' 1.4 million customers will see a larger-than-expected benefit from federal corporate income tax reform, due to an approval received Thursday (6/14) from the Pennsylvania Public Utility Commission (PUC).

            The PUC approved a request from PPL to implement a monthly refund of 7.05 percent on the base distribution portion of customers' bills, rather than the reduction of 0.56 percent ordered by the PUC in May.

            This refund will take effect July 1 for all customers.

            A typical residential customer using 1,000 kilowatt-hours a month will now save $3.48 per month on their distribution charges, while a typical small-business customer using 1,000 kWh and 4 kW demand will save about $2.78.

            Of course, total monthly bill amounts are driven by several factors, including the amount of energy used.

            On May 17, following a comprehensive review, the PUC ordered PPL Electric Utilities and some other Pennsylvania utilities to make a rate filing to refund costs associated with corporate tax reform. The PUC specified how much each affected utility should refund to ...



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