COVER STORY
We want to help you save:
Make sure you check the price of your electricity supply.
At PPL Electric Utilities, we deliver electricity to your business, but we don't own or operate the power plants where that electricity is generated. Electric suppliers handle that part of the process, and in Pennsylvania you can shop for the supplier that offers the service and price that is right for you.
If you don't shop for a supplier, you automatically receive PPL's default service. This is the rate available to all customers who choose not to shop. We'll buy the power for you (at market rate) and pass on the cost without profit to us.
Shopping for electricity can save your business money; but, you need to be a smart shopper and stay on top of your rate.
We ran some recent numbers and found that 74 percent of our small business customers that shop for their electricity supply are paying a supply rate higher than PPL's Price to Compare (the rate for our default service).
There are legitimate reasons why your business would pay a rate higher than the Price to Compare. For example, you might want to choose a supply source (renewables vs. other sources) that aligns with your values.
It's also possible that you may be paying more because you haven't compared rates recently.
Times are tough, and it's important to save money wherever you can.
That's why we're urging all of our customers to check the price you're paying for your electricity supply to make sure you aren't paying too much. It's easy to shop around, and you may find a supplier that offers a better rate or better service, or you can purchase default supply from PPL.
Here are a few tips to help you shop smart:
- If you decide to switch suppliers, check your current contract so you're not surprised by any early termination fees.
- Some suppliers charge variable rates. Remember that variable rates can change — and could go much higher
— over time. If you choose a supplier that offers a variable rate, be sure to check your rate often.
- Pay attention to the length of the contract. Do you prefer a short- or long-term contract?
- Install window treatments –
Energy-efficient window treatments or coverings – such as blinds, shades and films – do more than improve the look of your home. They also slash heat gain when temperatures rise, reducing your energy costs.
- Make it a point to check your rate often and compare suppliers so you always know you're getting the best deal.
For complete information on shopping for an electricity supplier – including instructions on how to confirm your current rate – visit pplelectric.com/shopping.