|
|
|
|
PPL Electric Utilities Calls For Restrictions On Introductory, Promotional & Teaser Rates From Retail Suppliers
The following story is brought free of charge to readers by EC Infosystems, the exclusive EDI provider of EnergyChoiceMatters.com
Greg Dudkin, president of PPL Electric Utilities (PPL), had an op-ed published in the Allentown Morning Call in which he said, "We need restrictions around introductory, promotion and teaser rates," from competitive retail electric suppliers
"We’ve found many of our residential and small business customers are paying more for electricity through their supplier than they would have on the default rate. For customers paying more than the default rate, over a one-year period, our residential customers paid about $97 million more and small business customers paid $34 million more," Dudkin said
"Suppliers are intentionally vague in hopes you won’t understand the long-term cost increase or aren’t monitoring your electric bill closely. There are over 26,000 PPL customers paying double the price of default energy," Dudkin said
"Even if we assume that all customers paying above the default rate are purchasing renewable energy, we still find over 205,000 PPL residential shopping customers are paying approximately $93 million more based on our estimate of a market-based renewable rate of 1 cent per kilowatt-hour above the default energy rate," Dudkin said
"I believe we must critically evaluate the electricity retail market and put customer protections in place. We need restrictions around introductory, promotion and teaser rates. Suppliers need to be held accountable and be transparent," Dudkin said
Dudkin further said, "We should also reject any proposals that allow suppliers to aggregate and send a consolidated electric bill to customers directly. Giving suppliers full control over bill communication puts customers at a disadvantage and makes it more difficult for the utility companies such as PPL to protect customers."
See Dudkin's full op-ed in the Allentown Morning Call here
ADVERTISEMENT Copyright 2010-21 Energy Choice Matters. If you wish to share this story, please
email or post the website link; unauthorized copying, retransmission, or republication
prohibited.
PPL Says Over 26,000 Customers Of Retail Suppliers Paying Double The Default Service Rate
Residential Customers On Retail Supply Paid $97 Million More Than Default Service In One Year, PPL Says
April 5, 2021
Email This Story
Copyright 2010-21 EnergyChoiceMatters.com
Reporting by Paul Ring • ring@energychoicematters.com
NEW Jobs on RetailEnergyJobs.com:
• NEW! -- Structure & Pricing Analyst -- Retail Supplier -- Texas
• NEW! -- Director, Pricing -- Retail Supplier
• NEW! -- ERCOT Billing Specialist -- Retail Supplier -- Texas
• NEW! -- Senior Analyst - Pricing & Structuring -- Retail Supplier -- Houston
• NEW! -- Sr. Analyst, Structuring -- Retail Supplier
• NEW! -- Account Operations Manager -- Retail Supplier
• NEW! -- Senior Busines Analyst -- Retail Supplier
• NEW! -- Senior Project Manager -- Retail Supplier
• NEW! -- Lead Data Analyst -- Retail Supplier
• NEW! -- Operations Associate -- Retail Supplier
• NEW! -- Pricing Analyst
• NEW! -- Data Operations Analyst
• NEW! -- Chief of the Planning and Procurement Bureau, Illinois Power Agency
• NEW! -- Energy Operations & Reporting Associate
• NEW! -- Commercial Sales Support Representative -- Retail Supplier
• NEW! -- Channel Partner/Channel Sales Manager -- Houston
• NEW! -- Wholesale Originator -- Retail Supplier -- Houston
• NEW! -- Trading Analyst -- Retail Supplier
• NEW! -- Renewables Trader -- Retail Supplier
• NEW! -- Channel Partner Sales Manager -- Retail Supplier
• NEW! -- Experienced Retail Energy Account Manager
• NEW! -- Sales Channel Manager -- Retail Supplier
|
|
|