(WHTM) – PPL Electric Utilities has announced that its electricity supply prices will be reduced starting December 1st.

According to the company, this applies to customers who do not purchase for electricity. The delivery fee is included in the Price to Compare (PTC) and is passed on to customers at no extra charge.

As stated in the press release, on December 1, 2023, the new comparison price will change to:

• Private customers: The new tariff is 11,028¢/kWhwhich means the monthly electricity bill for an average residential customer will decrease by approximately $11.00.
• Small business customers: The new tariff is 11,386¢/kWh, This means the monthly electricity bill for an average business customer will decrease by approximately 10% $3.00.

This change follows major cuts that came into effect on June 1st.

As we enter the winter heating season, we are happy to pass these savings on to our non-supplier customers,” said Christine Martin, President of PPL Electric Utilities. “We strive to guarantee our customers a reliable and stable energy supply. We will continue to take measures to improve operational efficiency, control costs on our end while providing a reliable service.”

PPL stated that the PTC is updated twice a year and is the price that customers should use to compare offers from other energy suppliers.