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Stock impact report

PPL default supply rate to drop by 9% in June [Yahoo! Finance]

PPL Corporation (PPL) 
Last ppl corporation earnings: 2/14 08:00 am Check Earnings Report
US:NYSE Investor Relations: pplweb.investorroom.com
Company Research Source: Yahoo! Finance
The Lehigh County-based utility announced the price decrease for their supply price, or their “price to compare,” beginning June 1. Close Thanks for signing up! Watch for us in your inbox. Subscribe Now WHTM Daily Digest That price is what PPL charges to source electricity by default. It is updated every six months and customers have the option to find a different supplier. PPL still bills for distribution either way. The price to compare will drop from 11.024 cents per kilowatt hour to 10.040 cents per kilowatt hour for electric customers, about a 9% drop. “This decrease is good news for our customers,” said Christine Martin, president of PPL Electric Utilities. “Through a competitive process, we've been able to secure an affordable energy supply for our customers who don't shop for energy. On the delivery side of the bill, we continue to take steps, as we have over the past decade, to improve operating efficiency to continue delivering electricity as affordably and Show less Read more
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