PPL Electric reaches $275M rate case settlement, including data center tariff

AI Summary

PPL Electric has reached a $275 million rate case settlement that includes a new data center tariff requiring large-load customers to sign minimum 10-year agreements. Average residential bills will rise 4.9% under the proposal, which includes provisions to protect other ratepayers from cost shifts.

Under the proposal, average residential customer bills would increase 4.9%. Data centers and other large loads would need to sign agreements of not less than 10 years with provisions intended to protect other customers.