ALLENTOWN, Pa. -

PPL has good news for customers.

The company has released its quarterly price to compare for customers who rely on PPL to purchase electric supply on their behalf.

The new price to compare for residential customers will be 8.813 cents per kilowatt hour, down from the current rate of 9.036 cents per kWh. For small business customers, the price will drop from 9.585 cents per kWh to 8.785.

Those prices will take effect September 1st.

Customers can learn more about shopping for electric supply on the Pennsylvania Public Utility Commission’s web site or through PPL's web site.