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Apr 27, 2021 | Bill Help | 9 comments

Are you staying on top of your electricity supply rate?

Greg Dudkin shares his thoughts on shopping

Here in Pennsylvania, you can shop for your electricity supply. Just like you would shop for a car, you compare different offers and choose what is right for you at the lowest cost. Then, PPL Electric Utilities delivers the electricity to you.

We support shopping for electricity supply, but because we deliver the electricity, we have no vested interest in which supplier you choose. But we do care whether you’re paying a reasonable rate.

We’ve been monitoring the rates shopping customers pay compared to the default rate, which is the rate charged if you do not choose a supplier.

We’ve found many of our residential customers are paying more for electricity through their supplier than they would have on the default rate. Over a one-year period, our residential customers paid about $97 million more than they would have paid on the default rate. Small business customers paid $34 million more.

This is alarming.

The data really made me stop and take a step back. How is this happening? One of the biggest issues I find is that suppliers sometimes use deceptive marketing tactics to attract customers.

I am sure we all know someone — or you yourself — who received a phone call or letter claiming to provide a new and better rate. Often these solicitations are disguised as a PPL-endorsed communication, using our logo or stating that the call is about your PPL bill. You may be told that if you switch now, you can get $300 in gift card rewards.

If it sounds too good to be true, it usually is. Those gift cards they offer you are often short-term discounts to mask higher rates. And the low rates they offer you are often teaser rates. They only last a short while and then they skyrocket.

Suppliers are intentionally vague in hopes you won’t understand the long-term cost increase or aren’t monitoring your electric bill closely. In fact, there are more than 26,000 PPL customers paying double the price of default energy.

I recently appeared in front of the Pennsylvania General Assembly to encourage our representatives to take steps to protect our customers from this type of deceptive marketing.

We’re committed to advocating for our customers. In the meantime, it’s critical you continue to shop smart. Read the fine print, be aware of deceptive marketing tactics and check your electric bill regularly to see how much you are being charged.

The time for change is now or Pennsylvania customers will continue paying the price. I encourage you to speak to your local officials to raise awareness about the consumer protections that are needed and continue to shop smart.

To learn more about how to check your electricity supply rate and make informed decisions, visit pplelectric.com/shopsmart today.

By: Greg Dudkin, Chief Operating Officer, PPL Corporation

Photo of Greg Dudkin

 

9 Comments

  1. DAVID R DAUTRICH

    This is so refreshing to have a business looking out for its customers. You have cleared my mind of any confusion I had about choosing a supplier.This notice was very helpful. Thank you!

    Reply
    • Dalton Savidge

      What % of RS customers are paying shopping rates above PPL base rates? What % of RS customers are paying shopping rates above PPL standard rates?

      Reply
  2. Adolfo Delgado

    The answer automatic machine when I call to paid is broken do not do the job right and this has been since the new system change the waiting time to paid it is 67 minutes do something about it, it will be easy if I can use the system but it is not working

    Reply
  3. Ada M. Wells

    How do I sign up for the on track program with PP&Ld

    Reply
  4. Irene Keppley

    How do I switch from my current supplier (NRG) to PPL’s Default Service?

    Reply
    • Kathryn

      Good Afternoon Irene, Please contact NRG to cancel and check to make sure you are not under contract that would incur any cancellation fees. Once you cancel your generation supplier, your account will simply default back to PPL. If you choose to shop for a supplier in the future, please read more under https://www.pplelectic.com/shopsmart. Thank you for checking with us!

      Reply
    • John Barnitz

      I am trying to switch to ppl but can’t reach anyonr

      Reply
      • Kathryn

        Good Morning John, Please review your current bill for the name of the supplier.You will need to contact the generation supplier to make sure your are not currently under a contract that would incur a cancellation charge. Once you cancel your generation supplier, your account will default back to PPL. You can learn more about the shopping safely for a lower price if you choose to under https://www.pplelectric.com/shopsmart. Thank you for reaching out to us!

        Reply

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