Compare Suppliers and Find the Best PA Electric Rates (2024)

Looking for the best electric rates in PA? Compare the best suppliers and plans in just a few clicks.

Paul Rhoads By Paul Rhoads, CEM, CEP linkedin link
Last Updated: February 5, 2024
five stars 36 reviews Clock 12 min read
Chart of PA Electric Rates TradingChart of PA Electric Rates Trading

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Tired of overpaying for electricity? You've come to the right place! This article is your ultimate guide to finding the lowest electric rates in PA.

We'll guide you through the ins and outs of comparing electric suppliers in PA, provide you with an update on where electric prices in PA are currently priced, and also give you some tips on how to save money on your electricity bill.

Let the electric savings begin!

Understanding PA's Electric Choice Program

Since the Electricity Generation Customer Choice and Competition Act was signed in 1996, the electricity market in Pennsylvania has been open to competition. With over 1.5 million Pennsylvania residents taking advantage of electricity deregulation, it's clear that Pennsylvanians benefit from choosing their electricity supplier.

The PA Electric Choice program empowers customers to take control of their electric bills and find rates that suit their lifestyles. By switching to a 3rd party electricity supplier, customers can customize their electricity plan, choosing competitive rates and cleaner energy options.

Average Electric Rates in PA vs. National Average

How does the average electricity rate in Pennsylvania stack up against the national average in the US? The most reliable source for this data is the Energy Information Administration (EIA). According to their latest report as of February 2024, below are the average Pennsylvania electricity rates for residential and commercial customers.

  • The average PA residential electricity rate is 18.11 ¢/kWh (12% higher than the national average).
  • The average PA commercial electricity rate is 11.25 ¢/kW (11% lower than the national average).

Fun Fact: Did you know that Hawaii has the highest average residential electricity rate in the US? It stands at a whopping 43.53 ¢/kWh!

How to Compare Electric Suppliers in PA

Finding the best electricity rates in Pennsylvania doesn't have to be overwhelming. With EnergyPricing.com's easy-to-use interface, comparing rates is a breeze!

Compare Electric Rates in PA in just 3 Easy Steps:

  1. Click the Get Started Button: This will direct you to all our available electricity suppliers in your area.
  2. Compare Rates and Suppliers: Our easy-to-use interface allows you to compare all the suppliers and plans effortlessly.
  3. Enroll Online: Once you find the perfect plan, you can enroll online in less that 2 minutes.

Would you like to see how it works in real-time? Watch the video below to learn how shop online with EnergyPricing.com.

How to Shop Youtube CoverHow to Shop Youtube Cover

Factors to Consider When Shopping PA Electric Suppliers

When shopping for electricity suppliers in Pennsylvania, there are a few important factors to consider. These include:

  1. Price: Be sure to compare different rates and plans from each supplier to find the best options for your needs and budget.
  2. Read Customer Reviews:  Many customers will post reviews of their experience with each supplier. This can be a great way to get an idea of the customer service and reliability of each company.
  3. Company Size: Consider the number of customers a company has. It can indicate their size and stability. A larger customer base means more resources to meet customer demands.
  4. Company History: Researching a company's history can help you gauge its reliability. A company with a long history of reliable service is a positive sign of its longevity.
  5. Read the Contract: Read the entire agreement carefully before committing yourself to any provider. Look for hidden fees or penalties, cancellation clauses, and contract length.

Best Electric Suppliers in PA

Finding the best electric suppliers in PA can be challenging. However, the U.S. Energy Information Administration released a report ranking suppliers based on customer count. According to this report, here are the top 10 electric suppliers in PA:

  1. Reliant Energy Northeast LLC- 165,493 customers
  2. Constellation NewEnergy, Inc - 138,690 customers
  3. Energy Harbor Corp.- 101,334 customers
  4. AEP Energy- 71,776 customers
  5. Inspire Energy Holdings, LLC- 69,483 customers
  6. Interstate Gas Supply, Inc.- 63,297 customers
  7. Stream Energy Pennsylvania, LLC- 60,752 customers
  8. Direct Energy Services- 55,288 customers
  9. CleanChoice Energy, Inc.- 53,347 customers
  10. Dynegy Energy Services, LLC- 47,352 customers

Please note that there are other options available besides the big names I mentioned above. In fact, some of the best electric rates in PA historically come from new and upcoming suppliers who are willing to undercut the established players to gain market share.

Pennsylvania Electricity Utility Companies

Thanks to Pennsylvania's competitive energy market, you can now choose your own electricity supplier for your home or business. Don't worry, switching won't affect your reliability.

Your local utility company will still handle power line maintenance and electricity delivery. The 7 major electric utility companies in Pennsylvania are PECO, PPL, West Penn Power, Duquesne Light, Met-Ed, Penelec, and Penn Power. Click the Get Started button below to shop rates in these electric utility companies. 

Types of Electricity Plans in Pennsylvania

When shopping for Pennsylvania electric rates, you'll find plans to match your risk tolerance. Choose from fixed-rate plans for stable pricing or variable-rate plans for flexibility and potential savings in certain months. Here are some common electricity plans in Pennsylvania.

Fixed-Rates Plans -  With a fixed-rate energy plan, your electricity rate is locked in for the duration of your contract. This means you'll pay the same rate for every kilowatt-hour (kWh) of electricity you use, regardless of market fluctuations.

Variable-Rate Plans - Unlike fixed-rate plans, variable-rate plans (Indexed Plans) have rates that fluctuate with the energy market. Your bill may vary based on market conditions. 

100% Green Energy Plans - If you prioritize environmentally friendly energy and don't mind the extra cost, a 100% Green Energy Plan is a great choice. However, it's important to note that the electricity flowing through your power lines may not be 100% Green Energy even with this plan. Instead, most electric providers offset your energy usage by purchasing Renewable Energy Credits (RECs) generated from solar or wind energy.

Promotional Energy Plans - Promotional energy plans offer savings through lower rates or unique billing structures. Popular options include unlimited electricity or lower- rate plans with built-in monthly fees. However, customers should carefully review the supplier's terms and conditions to understand pricing and potential additional costs.

Commercial Electric Rates in PA

Looking for the best commercial electricity rates in Pennsylvania as a business owner? EnergyPricing.com's proprietary technology gives you the power to price your electricity accounts directly with multiple providers, all online!

Below are some benefits of using EnergyPricing.com for your next commercial electricity contract.

  1. Direct Access to Providers: Our easy-to-use interfaces let you submit your commercial electricity accounts directly to our network of electricity suppliers. Just sit back and watch the bids come in!
  2. Transparent Pricing: At EnergyPricing.com, we believe in being 100% transparent with our pricing and will disclose how much electricity providers compensate us. Due to our automated online pricing process, we can offer some of the rates in the market.
  3. Expert Advice: Unsure which plan or energy provider to use? No problem. You will have access to an industry expert who can help you.

Tips for Lowering Your Electric Bill in Pennsylvania

If you're looking to save some money on your electric bill in Pennsylvania, there are several strategies you can use. From shopping for better rates, to investing in energy efficiency measures, to even adopting some smart usage habits. Below are all the tips that can help you save both energy and money on your electric bill.

Shop for Better Rates - One of the easiest ways to lower your electricity bill is to shop around for better rates. One option is PA Power Switch, the Pennsylvania PUC's shopping website.It's important to note that any licensed supplier can post offers there, regardless of reputation and customer service complaints.Unlike the state shopping website, EnergyPricing.com pre-screens all our suppliers and energy plans to bring you the best options.

Energy Efficiency Measures - Another way to lower your electricity bill is to invest in energy-efficient measures. Opt for LED light bulbs, Energy Star-certified refrigerators, washing machines, and dishwashers, as well as programmable thermostats. These choices will not only save you money but also contribute to a greener and more sustainable future.

Smart Usage Habits - Alongside investing in energy efficiency measures, embracing smart usage habits can significantly contribute to saving on your electricity bills. By simply turning off lights and electronics when not in use, sealing air leaks in your home, and opting for fans instead of air conditioning, you can actively reduce your energy consumption and enjoy lower monthly bills.

In Conclusion

In our journey of exploring the world of Pennsylvania electricity rates, we've learned about the PA Electric Choice Program and various tips and tricks for finding the best electricity provider. Not to mention, we've also discussed some tips on how to lower your monthly electricity bill. 

With all this valuable knowledge at your disposal, it's time for you to seize control of your electricity. Take charge by comparing rates and discovering the perfect plan for your home or business in PA. Just click the Get Started button below and start saving on your electricity bills today!

Frequently Asked Questions

What is EnergyPricing.com?

EnergyPricing.com is an online marketplace that connects residential and commercial customers in deregulated electricity and natural gas states with energy suppliers.

How does EnergyPricing.com make money?

As a registered electricity broker with the Public Utility Commission in Pennsylvania, electricity suppliers pay us a small commission for connecting customers like you with them. Here is a full explanation on how we make money

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Author

Paul Rhoads

Paul Rhoads, CEM, CEP

Paul is the Vice President of EnergyPricing.com. He has over a decade of experience in the energy industry, advising clients on how to shop in deregulated energy states. In addition to his experience, Paul is a Certified Energy Manager (CEM) and Certified Energy Procurement Professional (CEP).

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