⚠️ Regulatory UpdateFebruary 21, 2026

PPL Electric Requests $356M Distribution Rate Increase

PPL Electric Utilities has filed a request with the PA PUC for an 8.6% increase in distribution revenue, totaling $356 million. If approved, rates would adjust on July 1, 2026. Combined with record PJM capacity costs, KilowattLogic projects total commercial blended rates in Pennsylvania will surge to 14.89¢/kWh, representing a 14.4% year-over-year increase for typical business profiles.

Requested Increase
$356M
Annual Revenue
8.6%
Distribution only
Target Date
July 1
2026
Pending
PUC Decision June
PA Blended Rate
14.89¢
/ kWh
+14.4%
Projected Commercial

First Base Rate Increase in a Decade

PPL's submission marks its first major distribution rate request since 2016. The utility cites the need to fund a $23 billion capital investment plan through 2029, aimed at grid modernization, outage reduction, and accommodating new load growth from data centers and electrification.

Projected Commercial Impact Table

Cost ComponentCurrent (EIA)Projected (Q4 2026)
Blended Utility Rate (All-In)13.02 ¢/kWh14.89 ¢/kWh
Distribution Component~5.21 ¢/kWh5.66 ¢/kWh
Estimated Monthly (50k kWh)$6,510$7,445

Source: KilowattLogic Analysis based on PA PUC Docket R-2025-XXXX and EIA commercial pricing data.

The Triple Squeeze in PJM

Pennsylvania businesses are currently facing simultaneous cost increases across three primary segments of the energy bill:

  • PJM Capacity Costs: The 2026/2027 auction cleared at record highs, adding approximately 0.75¢ to 1.1¢ per kWh to supply charges.
  • Distribution Infrastructure: Requests from PPL, Met-Ed, and PECO total over $2.5B in requested rate-base increases.
  • Default Service (PTC): Utility "Price to Compare" rates have jumped an average of 9% for the current 6-month period.

Audit Your Utility Bill

With distribution and capacity costs rising, a fixed-rate supply contract or peak demand management is essential for 2026 budget stability.