PPL's customers experienced. The latest electricity prices from the state Public Utility Commission show Met-Ed's residential customers could see more than 10 percent increase, while Penelec's may have a nearly 20 percent hike. State Consumer Advocate Sonny Popowsky"> PPL's customers experienced. The latest electricity prices from the state Public Utility Commission show Met-Ed's residential customers could see more than 10 percent increase, while Penelec's may have a nearly 20 percent hike. State Consumer Advocate Sonny Popowsky"> PPL's customers experienced. The latest electricity prices from the state Public Utility Commission show Met-Ed's residential customers could see more than 10 percent increase, while Penelec's may have a nearly 20 percent hike. State Consumer Advocate Sonny Popowsky"> Electricity to cost less when this year's rate caps expire | News | witf.org
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Electricity to cost less when this year's rate caps expire

Written by Craig Cohen | Apr 19, 2010 8:55 AM

(Harrisburg) -- When more rate caps expire at the end of the year, the increase won't be as high as PPL's customers experienced. The latest electricity prices from the state Public Utility Commission show Met-Ed's residential customers could see more than 10 percent increase, while Penelec's may have a nearly 20 percent hike. State Consumer Advocate Sonny Popowsky says although PPL customers saw a bigger jump, everyone will benefit from the continued drop in prices. "The utilities themselves are required to go out into the wholesale market and buy the lowest cost power," he says. "So those utilities are out in the market today, purchasing power for the years 2011 and 2012, and that's a good thing. They're buying power when prices are low. On the other hand, if a competitive marketer can come in and beat those prices, that's all to the better." Popowsky says consumers are protected in that as long as they pay their bill, they will have power at the lowest cost their utility company can get. For a link to more information about rate caps click here.

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