June 3, 2026
— Jeff Ward, Lehigh Valley News Briefs
PPL’s bid for a higher distribution rate is set for approval tomorrow at a meeting of the Pennsylvania Public Utility Commission.
The distribution rate will go up July 1 if the regulator approves the increase.
The cost of buying electricity from PPL went up 1.5% on June 1, for customers who don’t shop around.
Back in September, the Allentown-based utility also said it would seek more revenue from distribution. In March a compromise was announced and an estimated increase of $7.42 per month. That’s lower than the earlier potential increase of $13 per month, but it still amounts to $89.04 annually.
The PUC will meet Thursday, June 4, at 10 a.m. to consider the PPL rate case and other utility issues. Based on the proposed rate, PPL’s annual revenue will go up $275 million.
The PUC meeting tomorrow is open to the public but no testimony from residents will be heard. The commission held hearings on the PPL rate increase earlier. PPL has not sought an increase in the distribution rate since 2016.
Here is a link to the agenda and the PPL item on page 3, with a note that the PUC will vote on accepting the increase.
The PUC regulates public utilities in Pennsylvania.
Shares of PPL (NYSE:PPL) were up 47 cents to $35.30 at 2:54 p.m. Wednesday. The company provides electricity and natural gas to customers in Rhode Island, Kentucky and Pennsylvania.
Disclosure: I own shares of PPL.
Lehigh Valley News Briefs 