Compare Electric Suppliers in Erie and Find the Best Prices in 2024!

Paul Rhoads By Paul Rhoads, CEM, CEP linkedin link
Last Updated: February 1, 2024
five stars 36 reviews Clock 12 min read
Electricity meter illustrating Erie Electric Rates Electricity meter illustrating Erie Electric Rates

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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!

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!

How to Compare Electric Companies in Erie

Finding the best electric company in Erie doesn't have to be overwhelming. With EnergyPricing.com's easy-to-use interface, comparing electric companies is a breeze!

Compare electric companies in Erie 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 than 2 minutes.

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

How to Shop Youtube CoverHow to Shop Youtube Cover

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.

  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 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, the U.S. Energy Information Administration recently published a 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:

  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

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. 

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 -  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.

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. 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 - 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

Looking for the best commercial electricity rates in Erie, PA? EnergyPricing.com lets you price your electricity accounts with multiple providers online!

 

Below are some of the key advantages 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.

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 click on the Get Started button below and start saving on electricity bills today!

Frequently Asked Questions

Who has the cheapest electricity rates in Erie?

If you're looking for the cheapest electricity rates in Erie, look at EnergyPricing.com. Currently, Constellation offers the cheapest electricity rates in Erie.

Who is the electric utility company that serves Erie?

Depending on your address, you can rely on Penelec or Duquesne Light for delivering and maintaining your electricity in Erie. If there is a power outage, contact them to help you get back up and running.

What is the current average electric rate in Erie?

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.


 

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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