Higher rates not expected for Citizens’ Electric
customers
LEWISBURG – Though many PPL Electric Utilities
customers are considering shopping for cheaper electricity,
customers of Lewisburg-based Citizens’ Electric will not be able to
choose an electric provider for now. President and CEO Eric Winslow
explains that rate caps which applied only to PPL customers until
the start of the year discouraged other suppliers from offering
alternatives to customers. Winslow says the regulated rates were too
low, and Citizens’ Electric service area was simply too small to
justify marketing directly to it.
However, wholesale electricity prices vary from
month to month, and Winslow says customers in Lewisburg and
surrounding townships will thus get a break in generation rates.
Contracts with suppliers now in effect are lower than in portions of
2008, when all energy prices were going through the roof.
Rate caps on PPL electric service expired at the
start of the year. Alternative suppliers began offering what they
touted as money saving deals to PPL customers in the closing months
of 2009. (Matt Farrand)