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PENNSYLVANIA POWER & LIGHT PLANS $12 MILLION RATE DECREASE

 PENNSYLVANIA POWER & LIGHT PLANS $12 MILLION RATE DECREASE
 ALLENTOWN, Pa., Feb. 28 /PRNewswire/ -- Pennsylvania Power & Light Co. (NYSE: PPL) (PP&L) said it plans to decrease its electricity rates by about $12 million April 1, according to information filed today (Feb. 28) with the Public Utility Commission.
 If the changes are approved by the commission, the bill of a PP&L residential customer using 500 kilowatt-hours of electricity a month would drop from $45.53 to $45.13.
 The $12 million decrease would result in an average rate reduction of about one-half of 1 percent. The actual rate change for each customer would vary, however, depending on the amount of electricity used and the type of service required.
 The overall reduction would be accounted for by changes to three customer bill components. Among them, PP&L is proposing a $17 million decrease associated with its Special Base Rate Credit Adjustment, a $28 million decrease in its State Tax Adjustment Surcharge and a $33 million increase in its Energy Cost Rate. Final figures will be submitted in late March.
 The Special Base Rate Credit Adjustment was established in April 1991 to give customers the benefit of power sales to another utility, among other things. This year's credit would reflect an additional factor: benefits from a settlement with General Electric Co. over contract claims that arose during construction of PP&L's Susquehanna nuclear power plant.
 The State Tax Adjustment Surcharge is used to account for changes in four Pennsylvania taxes. State taxes rose in 1991, and several increases were retroactive to January 1991. Because the surcharge began reflecting that increase in August and a full year's worth of taxes had to be collected in less than nine months, the existing surcharge rate is higher than the one needed beginning in April of this year. Thus, a reduction is being proposed.
 The Energy Cost Rate is used to account for changes in the cost of fuels PP&L uses to generate electricity and to account for the benefits of electricity sales PP&L makes to other members of the regional power pool and other neighboring utilities. PP&L is requesting an ECR increase primarily because a refund included in the current ECR will expire.
 PP&L supplies electricity to a 10,000 square-mile area of 29 counties in Central Eastern Pennsylvania. Among the communities it serves are Allentown, Bethlehem, Harrisburg, Hazleton, Lancaster, Scranton, Wilkes-Barre and Williamsport.
 /delval/
 -0- 2/28/92
 /CONTACT: Paul E. Russell of Pennsylvania Power & Light Co. 215-774-4254/
 (PPL) CO: Pennsylvania Power & Light Co. ST: Pennsylvania IN: UTI SU:


JS -- PH020 -- 3750 02/28/92 13:27 EST
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Date:Feb 28, 1992
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