Recent changes to PPL Electric Utilities' distribution rates will provide $71 million in additional annual revenue for the company.
The distribution rate increase and other rate changes recently approved by the Pennsylvania Public Utility Commission will result in a 3 percent increase to the total monthly bill for an average residential customer using 1,000 kilowatt-hours a month and receiving generation service from PPL Electric Utilities. The total monthly bill for small business customers using 1,000 kilowatt-hours a month and receiving generation service from PPL Electric Utilities will increase by 1 percent.
The increase in distribution charges reflect higher operating and maintenance expenses, including recovery of extraordinary costs for storms in 2011, and improvements to the distribution system over the past two years.
"We realize our customers depend on reliable electric service for their quality of life," said Gregory Dudkin, president of PPL Electric Utilities. "We're investing $3.6 billion through 2016 to upgrade our transmission and distribution systems as part of a long-term commitment to strengthen reliability, replace aging infrastructure and improve our operations."