Direct Energy Residential enters PPL Service Territory

Direct Energy, of which Direct Energy Business is a part of, announced yesterday in Harrisburg that it will immediately begin selling electricity contracts to residential customers in the PPL service territory for January 1, 2010 activation.

"Direct Energy’s been eagerly waiting on an opportunity to compete at the residential level in Pennsylvania," said Phil Tonge, President of Direct Energy’s residential business, during a news conference attended by Secretary of Environmental Protection John Hanger and State Rep. Joseph Preston. "Thanks to the legislative and regulatory commitment to competition, residents in Eastern Pennsylvania now have choice when it comes to their electricity supply. Our company is committed to Pennsylvania’s vision for a competitive electricity market, and bringing additional options to meet the diverse needs of our customers."

Direct Energy already serves customers in the Pike County utility service territory and natural gas customers in the Columbia Gas service territory.

Direct Energy will offer three different plans to residential customers:

• A 12-month product that includes a fixed-price of $0.0899 per kWh for the first three months followed by a fixed-price of $0.0949 per kWh for the remaining nine months.
• A 12-month renewable product where every year of the plan Direct Energy will purchase renewable energy credits (RECs) to match the customer’s monthly electricity consumption. The product offers a fixed-price of $0.1099 per kWh for the first three months followed by a fixed-price of $0.1149 per kWh for the remaining nine months.
• A 36-month fixed plan that offers customers a fixed price of $0.0999 per kWh guaranteed for three years of electricity supply.

A series of educational town hall meetings will be hosted December 8-10 in Allentown, Harrisburg, Scranton and Wilkes-Barre where consumers will be able to learn about the changes in the Pennsylvania electricity market. For a complete list of meeting dates and locations customers can visit: www.directenergy.com/SimpleAnswers. Alternatively, PPL residents can learn more about Direct Energy’s products by calling 1-888-734-0741.

Stay tuned for further information.

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