Advanced-Guard-4468 t1_iusoxu4 wrote
Reply to comment by Worland102688 in FYI: PPL is Increasing their Electricity Rates by 18% to 14.612 cents/kWh on December 1st. This is up 53.78% YOY. by giggles-mcgee
Its not corporate greed. They have to pay more to produce energy. Are they just supposed to obsorb the cost and lose money?
If you think you can do it cheaper, go for it. Produce your own energy.
Worland102688 t1_iusqoph wrote
Bullshit.
Vague_Disclosure t1_iuuj9az wrote
Excellent rebuttal
Worland102688 t1_iuuk19j wrote
I mean, when someone looks at a liquid and says, that's a solid. What can you really say to that without wasting your time and energy?
Sandwichsensei t1_iusqp6m wrote
CEO prolly doesn’t need 9 mil plus what ever bonuses. He could prolly get by with a little less than that. Prolly the rest of the executives too. But hey. 15c/kWh is fine so he can keep his lifestyle while the rest of us freeze am I right?
Advanced-Guard-4468 t1_iustmpq wrote
If he was paid half your bill wouldn't be lowered one cent.
Er3bus13 t1_iuug7k7 wrote
Man those boots taste pretty good this time of year
ronreadingpa t1_iuvreyg wrote
From my layperson's understanding, PPL is obligated to negotiate the best price reasonably possible. Suppliers may profit from pricing, but distributers may not; pass-through only. Maybe PPL did the best they could, but have my doubts. This needs to be investigated.
Advanced-Guard-4468 t1_iuvvzir wrote
Energy costs right now are fluctuating. So who know when they negotiated the price.
ENODEBEE t1_iuw52gu wrote
PPL doesn’t produce anything. They shop the energy market and supposedly pass on volume discount to their customers. I would love to hear their explanation for why the PA Power Switch marketplace can provide offers such as $0.118/kWh with a 3 year lock but they can’t even come close.
Viewing a single comment thread. View all comments