|
|
Thank you for visiting PPL Energy Insights, a source of information about energy trends and policy issues.
Read our Energy Insights newsletter, which is sent to legislators and policymakers in states where we do business.
Read about PPL EnergyPlus’ position on competitive electricity markets, which, with a proper regulatory framework, provide the transparency, market structure and market participation to drive the capital investment needed for growth of generation capacity, including renewable energy, transmission, technology, and related products, services and innovations such as smart meters and smart grids.
PPL EnergyPlus is the energy marketing and trading arm of PPL Corporation. |
|
 |
|

Falling wholesale electricity prices and other recent developments in competitive electricity markets are the subjects of this quarter’s issue of PPL EnergyPlus’ Energy Insights newsletter. The recent decline in wholesale electricity prices has created opportunities for consumers to save money in states with competitive electricity markets.
More alternative suppliers are entering markets and more customers, including residential customers, are choosing alternative suppliers. Customer choice has grown in Pennsylvania, Maryland and Connecticut. In Michigan, a state that placed limits on choice, customers are clamoring to have restrictions lifted.
Even customers who have not shopped for electricity are seeing benefits. Default service rates are declining as electric distribution companies replace expiring power supply purchase agreements signed during the high-price period of 2007-2008 with new contracts at today’s lower prices.
PPL EnergyPlus believes that properly structured and well-regulated competitive markets provide more options, better prices and innovative services to consumers, and do not burden them with the financial and operational risks of building expensive new power plants.
Gene Alessandrini
Senior Vice President Marketing PPL EnergyPlus | |
|