PUC suspends and investigates PPL’s proposed 33.4% rate hike

PUC suspends and investigates PPL’s proposed 33.4% rate hike
PUC suspends and investigates PPL’s proposed 33.4% rate hike Photo credit Maksim Shchur/iStock/Getty Images Plus

HARRISBURG, PA — The Pennsylvania Public Utility Commission (PUC) has unanimously voted to suspend and launch a formal investigation into a major rate increase proposed by PPL Electric Utilities Corp. for electric distribution services.

PPL’s filing, submitted on September 30, seeks an annual revenue increase of 33.4%. If approved, a typical residential customer using 918 kWh per month would see their total monthly bill climb by 7%.

The PUC's 5-0 vote immediately suspends the request for up to seven months from its proposed effective date of December 1. The case has been assigned to the PUC’s Office of Administrative Law Judge (OALJ), which will oversee the investigation and provide recommended decisions.

The process will include public input hearings, giving consumers and stakeholders an opportunity to provide testimony. Dates and locations for these hearings are yet to be determined by the OALJ. The final PUC decision on PPL’s rate-hike request is due by July 1.

Featured Image Photo Credit: Maksim Shchur/iStock/Getty Images Plus