>>Electric Energy Costs Increasing As Much As 50%
(Harrisburg, PA) -- Eight Pennsylvania electric utilities have now increased their energy prices, reflecting what they say is the higher cost to produce electricity. Energy charges account for about half of a residential bill. If you're serviced by PPL Electric Utilities, expect to see your costs increase about $40 a month for an electric heating customer. Energy executives say their costs are increasing because fuel prices for power generators are going up and that's driven mostly by natural gas. The change is also pushing up electricity prices in wholesale power markets.