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Interest Amounts
As part of the phase-in program, PPL Electric Utilities will pay you 6 percent interest on the advance payments you make. The interest you receive may be taxable. The charts below show how much interest income would be credited to customers who participate from the outset of the program. Please consult your tax adviser and retain this information for your records if you enroll in this payment option.
|
|
|
Year-End Interest Per Account |
|
Customer Group |
KWH |
2008 |
2009 |
2010 |
2011 |
|
1 |
0 to 100 kwh
|
$ - |
$0.23 |
$0.32 |
$0.08 |
|
2 |
101 to 300 kwh
|
$0.02 |
$1.07 |
$1.48 |
$0.38 |
|
3 |
301 to 800 kwh
|
$0.06 |
$3.64 |
$4.97 |
$1.32 |
|
4 |
801 to 1200 kwh
|
$0.12 |
$7.19 |
$9.82 |
$2.61 |
|
5 |
1201 to 2000 kwh
|
$0.21 |
$12.34 |
$16.86 |
$4.47 |
|
6 |
2001 to 3000 kwh
|
$0.35 |
$20.00 |
$27.35 |
$7.26 |
| 7
|
3001 kwh and up
|
$0.50 |
$28.51 |
$39.00 |
$10.35 | |
|
|
|
Year-End Interest Per Account |
|
Customer Group |
KWH |
2008 |
2009 |
2010 |
2011 |
|
1 |
0 to 200 kwh
|
$ - |
$ - |
$ - |
$ - |
|
2 |
201 to 1000 kwh
|
$0.11 |
$6.49 |
$8.95 |
$2.34 |
|
3 |
1001 to 1500 kwh
|
$0.19 |
$11.61 |
$15.98 |
$4.18 |
|
4 |
1501 to 1900 kwh
|
$0.26 |
$15.85 |
$21.90 |
$5.85 |
|
5 |
1901 to 2300 kwh
|
$0.31 |
$19.33 |
$26.71 |
$7.13 |
|
6 |
2301 to 2800 kwh
|
$0.35 |
$21.58 |
$29.83 |
$7.97 |
| 7
|
2801 kwh and up
|
$0.47 |
$28.65 |
$39.61 |
$10.57 | |
|
|
|
Year-End Interest Per Account |
|
Customer Group |
KWH |
2008 |
2009 |
2010 |
2011 |
|
1 |
0 to 100 kwh
|
$ - |
$ - |
$ - |
$ - |
|
2 |
101 to 300 kwh
|
$0.01 |
$0.81 |
$1.14 |
$0.30 |
|
3 |
301 to 500 kwh
|
$0.03 |
$1.58 |
$2.16 |
$0.58 |
|
4 |
501 to 1100 kwh
|
$0.06 |
$3.26 |
$4.46 |
$1.20 |
|
5 |
1101 to 2200 kwh
|
$0.11 |
$6.21 |
$8.51 |
$2.26 |
|
6 |
2201 kwh and up
|
$0.24 |
$13.73 |
$18.77 |
$4.98 | |
|
|
|
Year-End Interest Per Account |
|
Customer Group |
KWH |
2008 |
2009 |
2010 |
2011 |
|
1 |
0 to 3500 kwh
|
$ - |
$ - |
$ - |
$ - |
|
2 |
3501 to 7000 kwh
|
$0.44 |
$24.88 |
$34.02 |
$9.04 |
|
3 |
7001 to 11000 kwh
|
$1.08 |
$61.25 |
$83.75 |
$22.23 |
|
4 |
11001 to 18000 kwh
|
$1.74 |
$99.54 |
$136.10 |
$36.11 |
|
5 |
18001 to 40000 kwh
|
$3.46 |
$197.17 |
$269.62 |
$71.54 |
|
6 |
Greater than 40001 kwh
|
$9.32 |
$532.10 |
$727.69 |
$193.12 | |
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