*PENELEC’S ELECTRIC SUPPLY RATES ARE SUBJECT TO CHANGE, SO EVEN IF OUR SUPPLY RATE IS CURRENTLY LOWER THAN THE UTILITY’S IT MAY NOT BE FOR THE FULL TERM OF OUR PLANS. Our price does not include any applicable sales taxes or local distribution company fees, charges or credits (if any). Penelec’s Price to Compare (PTC) for Rate Schedule: RS - Regular Residential Service is 9.561 cents per kWh, in effect MARCH 1, 2023 through June 30, 2023, which includes an adjustment for Pennsylvania Gross Receipt Taxes. At any time, Penelec’s actual current PTC can be obtained by contacting Penelec, by accessing www.papowerswitch.com or by contacting the Office of Consumer Advocate at 1-800-684-6560 or through its “Electric Shopping Guide” at www.oca.state.pa.us. Generation prices and charges are set by the electric generation supplier you have chosen. The Public Utilities Commission regulates distribution prices and services. The Federal Energy Regulatory Commission regulates transmission prices and services. If you terminate your contract after the first 90 days but before its term expires, you will be subject to an early termination fee of $150 and will remain responsible for payment for electricity and related costs and charges incurred under this contract through such meter read date.
*PENELEC’S ELECTRIC SUPPLY RATES ARE SUBJECT TO CHANGE, SO EVEN IF OUR SUPPLY RATE IS CURRENTLY LOWER THAN THE UTILITY’S IT MAY NOT BE FOR THE FULL TERM OF OUR PLANS. Our price does not include any applicable sales taxes or local distribution company fees, charges or credits (if any). Penelec’s Price to Compare (PTC) for Rate Schedule: RS - Regular Residential Service is 9.561 cents per kWh, in effect MARCH 1, 2023 through June 30, 2023, which includes an adjustment for Pennsylvania Gross Receipt Taxes. At any time, Penelec’s actual current PTC can be obtained by contacting Penelec, by accessing www.papowerswitch.com or by contacting the Office of Consumer Advocate at 1-800-684-6560 or through its “Electric Shopping Guide” at www.oca.state.pa.us. Generation prices and charges are set by the electric generation supplier you have chosen. The Public Utilities Commission regulates distribution prices and services. The Federal Energy Regulatory Commission regulates transmission prices and services. If you terminate your contract after the first 90 days but before its term expires, you will be subject to an early termination fee of $150 and will remain responsible for payment for electricity and related costs and charges incurred under this contract through such meter read date.
Plan Name: 24 Month Green Home Power Plan Term: 24 Months Product: Electric Utility: Penelec (PA) Supplier: Constellation Early Termination Fee: $150.00
*PENELEC’S ELECTRIC SUPPLY RATES ARE SUBJECT TO CHANGE, SO EVEN IF OUR SUPPLY RATE IS CURRENTLY LOWER THAN THE UTILITY’S IT MAY NOT BE FOR THE FULL TERM OF OUR PLANS. Our price does not include any applicable sales taxes or local distribution company fees, charges or credits (if any). Penelec’s Price to Compare (PTC) for Rate Schedule: RS - Regular Residential Service is 9.561 cents per kWh, in effect MARCH 1, 2023 through June 30, 2023, which includes an adjustment for Pennsylvania Gross Receipt Taxes. At any time, Penelec’s actual current PTC can be obtained by contacting Penelec, by accessing www.papowerswitch.com or by contacting the Office of Consumer Advocate at 1-800-684-6560 or through its “Electric Shopping Guide” at www.oca.state.pa.us. Generation prices and charges are set by the electric generation supplier you have chosen. The Public Utilities Commission regulates distribution prices and services. The Federal Energy Regulatory Commission regulates transmission prices and services. If you terminate your contract after the first 90 days but before its term expires, you will be subject to an early termination fee of $150 and will remain responsible for payment for electricity and related costs and charges incurred under this contract through such meter read date.
Plan Name: 9 Month Home Power Plan Term: 9 Months Product: Electric Utility: Duquesne Light (PA) Supplier: Constellation Early Termination Fee: $150.00
*DUQUESNE LIGHT’S ELECTRIC SUPPLY RATES ARE SUBJECT TO CHANGE, SO EVEN IF OUR SUPPLY RATE IS CURRENTLY LOWER THAN THE UTILITY’S IT MAY NOT BE FOR THE FULL TERM OF OUR PLANS. Our price does not include any applicable sales taxes or local distribution company fees, charges or credits (if any). Duquesne Light’s Price to Compare (PTC) for Rate Schedule: RS - Regular Residential Service is 11.45 cents per kWh, in effect June 1, 2023 through December 31, 2023, which includes an adjustment for Pennsylvania Gross Receipt Taxes. At any time, Duquesne’s actual current PTC can be obtained by contacting Met-Ed, by accessing www.papowerswitch.com or by contacting the Office of Consumer Advocate at 1-800-684-6560 or through its “Electric Shopping Guide” at www.oca.state.pa.us. Generation prices and charges are set by the electric generation supplier you have chosen. The Public Utilities Commission regulates distribution prices and services. The Federal Energy Regulatory Commission regulates transmission prices and services. If you terminate your contract after the first 90 days but before its term expires, you will be subject to an early termination fee of $150 and will remain responsible for payment for electricity and related costs and charges incurred under this contract through such meter read date.
Plan Name: 12 Month Home Power Plan Term: 12 Months Product: Electric Utility: Duquesne Light (PA) Supplier: Constellation Early Termination Fee: $150.00
*DUQUESNE LIGHT’S ELECTRIC SUPPLY RATES ARE SUBJECT TO CHANGE, SO EVEN IF OUR SUPPLY RATE IS CURRENTLY LOWER THAN THE UTILITY’S IT MAY NOT BE FOR THE FULL TERM OF OUR PLANS. Our price does not include any applicable sales taxes or local distribution company fees, charges or credits (if any). Duquesne Light’s Price to Compare (PTC) for Rate Schedule: RS - Regular Residential Service is 11.45 cents per kWh, in effect June 1, 2023 through December 31, 2023, which includes an adjustment for Pennsylvania Gross Receipt Taxes. At any time, Duquesne’s actual current PTC can be obtained by contacting Met-Ed, by accessing www.papowerswitch.com or by contacting the Office of Consumer Advocate at 1-800-684-6560 or through its “Electric Shopping Guide” at www.oca.state.pa.us. Generation prices and charges are set by the electric generation supplier you have chosen. The Public Utilities Commission regulates distribution prices and services. The Federal Energy Regulatory Commission regulates transmission prices and services. If you terminate your contract after the first 90 days but before its term expires, you will be subject to an early termination fee of $150 and will remain responsible for payment for electricity and related costs and charges incurred under this contract through such meter read date.
Plan Name: 24 Month Home Power Plan Term: 18 Months Product: Electric Utility: Duquesne Light (PA) Supplier: Constellation Early Termination Fee: $150.00
*DUQUESNE LIGHT’S ELECTRIC SUPPLY RATES ARE SUBJECT TO CHANGE, SO EVEN IF OUR SUPPLY RATE IS CURRENTLY LOWER THAN THE UTILITY’S IT MAY NOT BE FOR THE FULL TERM OF OUR PLANS. Our price does not include any applicable sales taxes or local distribution company fees, charges or credits (if any). Duquesne Light’s Price to Compare (PTC) for Rate Schedule: RS - Regular Residential Service is 11.45 cents per kWh, in effect June 1, 2023 through December 31, 2023, which includes an adjustment for Pennsylvania Gross Receipt Taxes. At any time, Duquesne’s actual current PTC can be obtained by contacting Met-Ed, by accessing www.papowerswitch.com or by contacting the Office of Consumer Advocate at 1-800-684-6560 or through its “Electric Shopping Guide” at www.oca.state.pa.us. Generation prices and charges are set by the electric generation supplier you have chosen. The Public Utilities Commission regulates distribution prices and services. The Federal Energy Regulatory Commission regulates transmission prices and services. If you terminate your contract after the first 90 days but before its term expires, you will be subject to an early termination fee of $150 and will remain responsible for payment for electricity and related costs and charges incurred under this contract through such meter read date.
Plan Name: 24 Month Green Home Power Plan Term: 24 Months Product: Electric Utility: Duquesne Light (PA) Supplier: Constellation Early Termination Fee: $150.00
*DUQUESNE LIGHT’S ELECTRIC SUPPLY RATES ARE SUBJECT TO CHANGE, SO EVEN IF OUR SUPPLY RATE IS CURRENTLY LOWER THAN THE UTILITY’S IT MAY NOT BE FOR THE FULL TERM OF OUR PLANS. Our price does not include any applicable sales taxes or local distribution company fees, charges or credits (if any). Duquesne Light’s Price to Compare (PTC) for Rate Schedule: RS - Regular Residential Service is 11.45 cents per kWh, in effect June 1, 2023 through December 31, 2023, which includes an adjustment for Pennsylvania Gross Receipt Taxes. At any time, Duquesne’s actual current PTC can be obtained by contacting Met-Ed, by accessing www.papowerswitch.com or by contacting the Office of Consumer Advocate at 1-800-684-6560 or through its “Electric Shopping Guide” at www.oca.state.pa.us. Generation prices and charges are set by the electric generation supplier you have chosen. The Public Utilities Commission regulates distribution prices and services. The Federal Energy Regulatory Commission regulates transmission prices and services. If you terminate your contract after the first 90 days but before its term expires, you will be subject to an early termination fee of $150 and will remain responsible for payment for electricity and related costs and charges incurred under this contract through such meter read date.
Paul is the Vice President of EnergyPricing.com. He has over a decade of experience in the energy industry, advising clients on how to get the best electricity rates and providers. In addition to his vast experience, Paul is a Certified Energy Manager (CEM) and Certified Energy Procurement Professional (CEP).
Compare Electric Suppliers in Erie and Find the Best Prices in 2023!
Are you searching for ways to lower your electricity bills? Look no further! This comprehensive article is your ultimate guide to finding the most affordable electricity rates in Erie. We will guide you in comparing electric suppliers, keeping you informed about current and future electric prices, and providing valuable tips to help you decrease your electricity expenses. Get ready to start saving on your electricity bills!
Short Summary
Erie is in a deregulated energy market, meaning you have the power to switch electricity suppliers.
Don't Just make a quick decision- compare rates, weigh factors & shop around on EnergyPricing.com.
Learn some tips for lowering your electric bill with energy efficiency and some smart usage habits.
Understanding Erie's Deregulation Energy Market
Erie is situated in an energy market where deregulation allows residents to switch their electricity providers. To fully take advantage of this opportunity, it is crucial to have a clear understanding of the deregulated market, including the available electricity rates, plans, and providers. Familiarizing yourself with these factors is essential in order to secure the best deal.
But don't worry! Understanding Erie's electricity rates is a straightforward process. By considering factors such as rates, term length, and contract terms, you can confidently make an informed decision. Let's delve into Erie's electricity rates and together, maximize the benefits offered by your energy provider!
Current Erie Electricity Rates
Various factors, such as weather conditions and power generation influence Erie's electricity prices. Here are the current average electricity prices for residential customers in Erie. Simply enter your zip code to access the most up-to-date rates.
12-Month Fixed Rate $0.1048 per kWh
24-Month Fixed Rate $0.1082 per kWh
36-Month Fixed Rate $0.1069 per kWh
This data is based on the average residential electricity rates for fixed-rate plans in Duquesne Light and Penelec as of June 29, 2023.
Compare Erie Electric Rates Today! ⇩
Future Electricity Rates in Erie
Curious about the future electricity prices in Erie? While we can't make definite predictions, we can make informed estimates by analyzing the energy future market.
The Energy Future operates like a stock market for energy contracts, where traders trade based on their forecasts of future energy prices. It's like having a crystal ball for the Erie electricity market, offering valuable insights. Check out the most recent chart for the energy future market in the Erie area.
Source: PJM Western HUB Day-Ahead Peak Avg 07/05/2023
How to Compare Electric Companies in Erie
When it comes to comparing electric companies in Erie, you've got plenty of options. In fact, as of today, there are over 100 electric suppliers registered with the PUC. Talk about having options!
Luckily, for you, EnergyPricing.com's easy-to-use interface makes comparing Erie electricity providers as easy as one, two, three.
Step 1: Enter Your Zip CodeThis will direct you to all our available electricity providers in Erie.
Step 2: Compare Rates and SuppliersThis is the fun part. Our easy-to-use interface allows you to effortlessly compare rates from multiple suppliers.
Step 3: Enroll OnlineOnce you find the perfect plan, you can enroll online in less than 2 minutes.
Do you want to see how it works in real time? Watch the video below.
Factors to Consider When Shopping Energy Companies in Erie
If you're feeling uncertain about how to compare energy companies in Erie, there's no need to worry! With a wide range of options available, it can be overwhelming to determine where to begin. When searching for energy providers in Erie, we suggest considering the following factors listed below.
Price - When it comes to choosing an electric provider, price is definitely a top consideration. But don't be fooled by a promotional energy plan that may seem like a great deal at first glance. That's why it's crucial when you are making a true apples-to-apples comparison that you consider not only the initial price but also any potential hidden fees or rate changes down the line.
Read Customer Reviews - To understand a company’s customer service, check out their reviews on Google. What are other customers saying about the service they’re getting? Look for red flags like poor communication, unresponsive customer service, and billing issues.
Company Size - It’s also worth checking how many customers a company has. This could be an indication of their size and stability. A more significant customer base can mean more resources and better infrastructure to handle customer demands.
How long have they been in Business? - Researching the history of a company can help you form an opinion on how reliable and trustworthy they are. You can find this information on their website or by reading reviews online. A company with a long history of providing reliable service is a good sign that they’re here to stay.
Lastly, read the Contract - Don’t just quickly sign the electricity contract and hope for the best. Read the entire agreement carefully before committing yourself to any provider.
Best Electric Company in Erie, PA
Determining the best electric company in Erie, PA can feel overwhelming, as it's tough to identify the real standout. However, there's fantastic news! The U.S. Energy Information Administration recently published an incredibly informative report that ranks suppliers based on their customer count. According to this highly dependable report, here are the leading 10 electric suppliers in the Erie region:
Reliant Energy Northeast LLC- 165,493 customers
Constellation NewEnergy, Inc - 138,690 customers
Energy Harbor Corp.- 101,334 customers
AEP Energy- 71,776 customers
Inspire Energy Holdings, LLC- 69,483 customers
Interstate Gas Supply, Inc.- 63,297 customers
Stream Energy Pennsylvania, LLC - 60,752 customers
Keep in mind that there are alternative options beyond the suppliers mentioned earlier. In fact, emerging suppliers in Erie have a track record of offering highly competitive electric rates, aiming to gain market share by providing superior deals compared to established players. At EnergyPricing.com, we have conducted extensive research and formed partnerships with reliable electricity suppliers to ensure that you have access to the best available choices.
Types of Electricity Plans in Erie
When searching for electric rates, you'll come across different plans tailored to suit your risk preference. These include fixed-rate plans that provide stability and predictable pricing, as well as variable-rate plans that offer flexibility and potential savings in specific months. Here are some of the commonly available electricity plans in the market.
Fixed-Rates Plans
Fixed-rate plans offer one set rate per kilowatt-hour for the entire contract period, providing stability and predictability for your energy costs. A fixed-rate plan is ideal for most residential and commercial customers as it eliminates surprises on your monthly bill and allows you to budget accordingly.
However, keep in mind that fixed-rate plans often switch to variable-rate plans at the end of the contract term, so be prepared for potential rate changes in the future.
Variable-Rate Plans
Variable-rate energy plans offer a fluctuating rate per kilowatt-hour based on market conditions, such as weather and volatility. While this type of plan typically offers flexibility in allowing you to switch plans without any additional fees, it also comes with the risk of extreme weather events causing a sudden spike in your energy rate.
100% Green Energy Plans
If you're someone who cares about the environment and doesn't mind paying a little more for renewable electricity, then a 100% Green Energy Plan could be the perfect choice for you. However, it's important to note the electricity flowing through your power lines won’t typically come from renewable energy sources.
Instead, with these renewable energy plans, most energy providers simply offset your energy usage by purchasing Renewable Energy Credits (RECs). These RECs reflect the generation of renewable energy from sources like solar or wind, and they're a great way to ensure that renewable energy projects offset your energy consumption.
Promotional Energy Plans
Most electricity consumers are always looking for ways to save money on their energy bills, which is why promotional energy plans have become a popular choice. These plans come in many different forms, from unlimited electricity to lower-rate plans with built-in monthly fees.
However, customers should approach these plans with caution. While they may look appealing, it’s essential to analyze your average monthly electric bill to determine if the plan will actually save you money. Unfortunately, many of these promotional energy plans are more expensive than traditional fixed-rate plans.
Electric Company in Erie
Penelec and Duquesne Light are the electric utility companies in Erie that provide local electric services. They are responsible for the maintenance of power lines and the delivery of electricity to residences and businesses. If you encounter any power outages, please contact your local electric utility company instead of your electric supplier.
Tips for Lowering Your Electric Bill in Erie
To lower your electric bill, you have a range of effective strategies at your disposal. By implementing energy-efficient practices and shopping for better rates, you can substantially reduce your monthly expenses. Here are some tips to empower you to save energy and money on your upcoming electric bill.
Shop for Better Rates
One of the easiest ways to lower your electricity bill is to shop around for better rates. With EnergyPricing.com, you can rest assured that we pre-screen all our suppliers and energy plans to show you the best options. We are also here to answer your questions and remind you when it is time to renew. And for business owners who need a customized rate, our online platform connects you directly to suppliers so you can sit back and watch the bids come in.
Energy Efficiency Measures
To reduce your energy bill, consider investing in energy-efficient measures. Choose LED light bulbs, Energy Star-certified appliances like refrigerators, washing machines, and dishwashers, and opt for programmable thermostats. These choices will not only save you money but also contribute to a greener and more sustainable future. Make a smart choice for your wallet and the planet!
Smart Usage Habits
In addition to investing in energy efficiency measures, adopting smart usage habits can make a significant impact on reducing your electricity bills. By diligently 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 decrease your energy consumption and enjoy the benefits of lower monthly bills.
Commercial Electric Rates in Erie
Erie businesses and organizations can access the same electricity supplier options as residential customers. Numerous energy suppliers provide customized energy plans specifically designed for commercial customers.
However, it's important to note that shopping for commercial electricity rates differs significantly from residential rates, as commercial rates are dependent on the size of the business.
If you're looking to save money on electricity, EnergyPricing.com is worth considering. Our user-friendly platform offers the benefits below when shopping for commercial electric rates in Erie.
Direct Access to Suppliers: Our easy-to-use interfaces let you submit your commercial electricity accounts directly to our network of energy providers. Just sit back and watch the bids come in!
Transparent Pricing: At EnergyPricing.com, we believe in being 100% transparent with our pricing and will disclose to you how much electricity providers compensate us. Due to our automated online pricing process, we can offer some of the lowest electricity prices in the market.
Expert Advice: Unsure of which electricity plan or energy supplier to go with? No problem! You will have access to an EnergyPricing.com expert to help you throughout the entire pricing process.
Ready to Start Pricing? Save Today!
During our journey of Erie's electricity rates, you acquired valuable knowledge about this deregulated energy market. You also uncovered helpful tips for finding the best electricity provider and discussed effective strategies to lower your monthly bill. Now it's time for you to seize control of your electricity expenses by comparing rates and discovering the perfect plan for your home or business. Just enter your zip code below and start saving on electricity bills today
If you're looking for the cheapest electric rates in Erie, look at EnergyPricing.com. Currently, Constellation offers the cheapest electricity rates in Erie.
Penelec and Duquesne Light are the local electric utility companies that serve Erie, PA. If there is a power outage, contact your local electric utility company to help you get back up and running.
Currently, the average 12-Month Fixed Rate in the market for residential customers in Erie is $0.1048 per kWh. Remember, however, that rates are constantly changing, and you can always shop around to get the best rates on EnergyPricing.com.
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