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PPL plan aims to temper rate hikes
Of The Morning CallIf PPL Electric Utilities today bought the power it will need when rate caps expire, consumer prices would soar 30 percent in January 2010. But a company plan approved Thursday by the state Public Utility Commission allows the Allentown utility to...Tags: Energy, Companies and Corporations, Energy Saving, Government, Electricity Production and Distribution
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PPL Corp. advises consumers to prepare for rate hike
Of The Morning CallTo prepare for a big 2010 rate hike, a PPL Corp. official advised area businessmen to educate themselves. "The most important thing you can do is become an informed consumer," Tom Stathos, PPL director of customer strategy, said at a Tuesday morning talk...Tags: Berks County, Northampton County (Pennsylvania), Energy, Lehigh County, Petroleum Industry
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Don't be shocked, but PPL rate prediction rises
Of The Morning CallThe 2010 rate hike looming over PPL Electric Utilities customers just got bigger. According to the latest calculations, the price of electricity could go up 35 percent for homeowners and 23 percent to 43 percent for some businesses. Each of those figures...Tags: Business Enterprises, Energy, Companies and Corporations, Petroleum Industry, Allentown
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Is energy 'fox' minding henhouse?
Of The Morning CallThis month, after revealing that electricity rates could surge 35 percent for residents and up to 43 percent for businesses in 2010, PPL Corp. shrugged off responsibility for the looming hike, saying it does not set prices -- the marketplace does. But the...Tags: Business Enterprises, Entertainment, Laws, Energy, Companies and Corporations
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Former Utility.com customers to get small rebates
Of The Morning CallAbout 20,000 former Pennsylvania customers of now-defunct electricity supplier Utility.com will get a $10 refund next month. The Pennsylvania Office of Consumer Advocate won the payout in bankruptcy proceedings against the now defunct dot-com. The...Tags: California, Marketing, Companies and Corporations, Allentown, Litigation and Regulation
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PPL proposes rate-restraining plan
Of The Morning CallElectricity rates for PPL Electric Utilities Corp. customers would increase 20 percent to 30 percent in 2010 if state regulators approve a power purchasing proposal the Allentown company filed Wednesday in an attempt to avoid even larger increases. PPL...Tags: Justice System, Laws, Companies and Corporations, Energy Saving, Prices
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Residential electricity rate to jump 29%
Of The Morning CallPPL Electric Utility customers have gotten their first concrete indication of just how high their rates will jump on Jan. 1, 2010: Twenty-nine percent for homeowners and 18 percent to 37 percent for some businesses, depending on each customer's power use....Tags: Business, Energy, Companies and Corporations, Electricity Production and Distribution, Sales
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Rendell backs "reasonable' extended rate caps
Of The Morning CallGov. Ed Rendell voiced qualified support for extending caps that freeze electricity rates but are due to expire in 2010 and 2011. "There's a better way to do it than extending rate caps," Rendell said Tuesday while promoting his own wide-ranging energy...Tags: New York, Ohio, Petroleum Industry, New York City, Allentown
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Electricity said to be too costly
Of The Morning CallPennsylvania residents will be overcharged by $5 billion over the next few years because of a flaw in the deregulated electricity market, state officials have alleged in a complaint to federal regulators. The 211-page complaint, filed last week by a...Tags: Energy, Companies and Corporations, Indiana, West Virginia, North Carolina
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PPL profit sets records for quarter and year
Of The Morning CallPPL Corp. announced a record annual profit on Thursday, posting numbers that dwarfed the record the company set just a year earlier. The Allentown energy company earned $1.3 billion, or $3.40 per share, in 2007, compared to $865 million, or $2.24 per...Tags: Business Enterprises, Energy, Companies and Corporations, NYSE Euronext, Inc., Electricity Production and Distribution
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SHOCKED
Of The Morning CallPushed by Enron and crafted behind closed doors, the 84-page measure to deregulate Pennsylvania's electric industry was slipped into a bill that called only for a one-word change in the state's taxicab law. "This legislation," then-Gov. Tom Ridge...Tags: Business Enterprises, Homes, Nuclear Power, Companies and Corporations, Political Fundraising
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Consumers in for a double shock
Of The Morning CallWhen the price of electricity soars in a year and a half, its hefty cost will hit the consumer's pocketbook over and over again. Homeowners will pay for the increase not just in monthly bills, which could be more than 30 percent higher, but at the...Tags: Alcoa Incorporated, Public Employees, Consumer Confidence, Economy, Business and Finance, Colleges and Universities
May 11, 2007
|Story| Allentown Morning Call
Apr 18, 2007
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Oct 5, 2007
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Oct 14, 2007
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Dec 28, 2005
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Aug 3, 2006
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Jul 27, 2007
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Nov 15, 2007
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Jun 4, 2008
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Feb 1, 2008
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Jun 22, 2008
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Jun 23, 2008
|Story| Allentown Morning Call
Original site for PPL Corporation topic gallery.