PECO Electric Rates
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$0.0709SIGN UPper kWHPlan Name: ClearGuarantee12
Term: 12 Months Fixed
Product: Electric
Utility: PECO Electric (PA)
Supplier: Clearview
Early Termination Fee: $150.00Plan Description:
- $0.0849SIGN UPper kWhPlan Name: Safe Harbor 13
Term: 13 Months Fixed
Product: Electric
Utility: PECO Electric (PA)
Supplier: Energy Harbor
Early Termination Fee: $0Plan Description:
Avoid utility price swings with a 13 month rate lock on your Electricity supply
- $0.0859SIGN UPper kWHPlan Name: 9 Month Home Power Plan
Term: 9 Months
Product: Electric
Utility: PECO Electric (PA)
Supplier: Constellation
Early Termination Fee: $150.00Disclaimer :
*PECO’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). PECO’s Price to Compare (PTC) for Rate Schedule: RS - Regular Residential Service is 9.672 cents per kWh, in effect September 1, 2023 – November 31, 2023, which includes an adjustment for Pennsylvania Gross Receipt Taxes. At any time, PECO’s actual current PTC can be obtained by contacting PECO, 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.
- $0.0889SIGN UPper kWhPlan Name: Safe Harbor 25
Term: 25 Months Fixed
Product: Electric
Utility: PECO Electric (PA)
Supplier: Energy Harbor
Early Termination Fee: $0Plan Description:
Avoid utility price swings with a 25 month rate lock on your Electricity supply
- $0.0909SIGN UPper kWhPlan Name: Safe Harbor 32
Term: 32 Months Fixed
Product: Electric
Utility: PECO Electric (PA)
Supplier: Energy Harbor
Early Termination Fee: $0Plan Description:
Avoid utility price swings with a 32 month rate lock on your Electricity supply
- $0.0914SIGN UPper kWhPlan Name: Fixed-Rate Electricity 12
Term: 12 Months Fixed
Product: Electric
Utility: PECO Electric (PA)
Supplier: Santanna
Early Termination Fee: $120.00 - $0.0919SIGN UPper kWHPlan Name: 12 Month Home Power Plan
Term: 12 Months
Product: Electric
Utility: PECO Electric (PA)
Supplier: Constellation
Early Termination Fee: $150.00Disclaimer :
*PECO’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). PECO’s Price to Compare (PTC) for Rate Schedule: RS - Regular Residential Service is 9.672 cents per kWh, in effect September 1, 2023 – November 31, 2023, which includes an adjustment for Pennsylvania Gross Receipt Taxes. At any time, PECO’s actual current PTC can be obtained by contacting PECO, 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.
- $0.0939SIGN UPper kWHPlan Name: 24 Month Green Home Power Plan
Term: 24 Months
Product: Electric
Utility: PECO Electric (PA)
Supplier: Constellation
Early Termination Fee: $150.00Plan Description:
National Wind
Disclaimer :
*PECO’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). PECO’s Price to Compare (PTC) for Rate Schedule: RS - Regular Residential Service is 9.672 cents per kWh, in effect September 1, 2023 – November 31, 2023, which includes an adjustment for Pennsylvania Gross Receipt Taxes. At any time, PECO’s actual current PTC can be obtained by contacting PECO, 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.
- $0.0959SIGN UPper kWhPlan Name: Safe Harbor 48
Term: 48 Months Fixed
Product: Electric
Utility: PECO Electric (PA)
Supplier: Energy Harbor
Early Termination Fee: $0Plan Description:
Avoid utility price swings with a 48 month rate lock on your Electricity supply
- $0.1019SIGN UPper kWhPlan Name: 12 Month Fixed
Term: 12 Months Fixed
Product: Electric
Utility: PECO Electric (PA)
Supplier: Tomorrow Energy
Early Termination Fee: $75.00Plan Description:
Earth Care
Last updated: August 10, 2023
Author: Paul I. 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 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).
Find the Cheapest PECO Electric Rates in 2023
If you're looking for the cheapest electric rates in PECO, you've come to the right spot. This article is your ultimate guide to finding the best PECO electricity rates. We'll guide you through the supplier comparison process, share current and past rates in PECO, and even offer money-saving tips for your next electric bill. Ready to get started? Let's dive in!
Short Summary
- PECO has an electric choice program meaning you can switch electric suppliers.
- Don't just make a quick decision- learn how to compare rates, weigh factors & shop around on EnergyPricing.com
- Learn some tips on how to lower your electric bill PECO with energy efficiency, smart usage habits, and more.
Understanding PECO Electricity Rates
When it comes to setting up service for your home or business with PECO, you have two choices for your electricity rates. The first option is to stick with PECO's default rate, which fluctuates based on current market conditions. However, thanks to PECO's customer choice program, the second option is to switch to a third-party electricity supplier.
In fact, as of June 30, 2023, nearly 400,000 customers have already switched to a third-party electric generation supplier in PECO. Join them and take advantage of the opportunity to have greater control over your electricity rates.
Current PECO Electric Rates
Several factors, such as weather conditions and current energy costs, impact PECO electric rates. Below are the average PECO residential electric rates offered by third-party electric suppliers. To view the latest rates, enter your zip code.
- 12-Month Fixed Rate of $0.0983 per kWh
- 24-Month Fixed Rate of $0.0985 per kWh
- 36-Month Fixed Rate of $0.0982 per kWh
Source: This data is based on the average PECO residential electric rates per kilowatt-hour for fixed-rate plans as of July 27, 2023.
Compare PECO Electric Rates Today⇩
PECO Price to Compare
The PECO price to compare represents the cost per kilowatt-hour (kWh) for customers on the default rate. It includes the charges for generation supply, transmission, the state's gross receipts tax, and the implementation of Alternative Energy Portfolio Standards (AEPs). When comparing rates, customers should ask suppliers for their all-in rate (i.e., their price to compare) and compare it to the utility's default rate. Below, you will find the PECO Price to compare for residential and commercial customers from 09/01/2023-11/30/2023
- PECO Price to Compare for residential customers is currently $0.09672 per kWh
- PECO Price to Compare for commercial customers is currently $0.09679 per kWh
Disclaimer: The current PECO Price to compare information was obtained from sources that we believe to be reliable, but its accuracy and completeness are not guaranteed.
Historical PECO Price to Compare
Take a look at the chart displayed below that illustrates PECO's Price to Compare over the past few years. This information can assist you in identifying patterns and uncovering potential opportunities for savings, whether you're a residential or business customer.
Disclaimer: The historical PECO price to compare information was obtained from sources that we believe to be reliable, but its accuracy and completeness are not guaranteed.
How to Switch to a Cheaper PECO Electric Rate
When it comes to switching to a cheaper PECO electric rate, you have plenty of options. In fact, there are over 100 electric suppliers registered with the Pennsylvania Public Utility Commission. Talk about choices!
Thankfully, EnergyPricing.com's user-friendly interface makes comparing PECO Energy Rates as easy as 1-2-3.
Step 1: Enter Your Zip Code
This will direct you to all our available PECO Electric Suppliers.
Step 2: Compare PECO Energy Rates
This is the fun part. Our easy-to-use interface allows you to compare rates from multiple suppliers effortlessly.
Step 3: Enroll Online
Once you find the perfect PECO electric rate, you can enroll online in less than 2 minutes.
Do you want to see how it works in real-time? Watch the video below.
Benefits of Switching PECO Electric Suppliers
By switching to a third-party electric supplier in PECO, you can unlock many benefits. Experience lower rates and enjoy a range of perks. Below are all the advantages of switching PECO electric suppliers.
- No Interruption in Service: PECOwill still be in charge of electricity delivery through the power lines, meaning you won’t experience any disruption to the service when switching suppliers. Also, when there is a power outage, PECO will still be responsible for getting you back up and running. Rest assured that when switching suppliers, PECO will still deliver electricity to your home or business.
- Budget Certainty: Switching to a competitive supplier has a significant advantage: budget certainty. Instead of dealing with PECO's changing default rate, you can lock in a fixed electricity rate for up to 48 months.
- 100% Green Option: If you care about the environment and want a 100% Green Energy Plan, switch to a 100% Green electricity supplier in PECO.
Factors to Consider When Comparing PECO Energy Suppliers
If comparing energy suppliers feels overwhelming, you're not alone. With so many options, it can be hard to know where to start. Here are some factors to consider when comparing suppliers:
- Price - When it comes to choosing a new electric supplier, 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 electricity supply rate 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.
PECO Service Area
PECO (formerly Philadelphia Electric Company) is Pennsylvania's largest electric utility. It serves nearly 1.7 million customers in the Philadelphia region. When comparing PECO electric rates, make sure to check if the plan applies to PECO customers. Electricity rates can vary depending on the utility.
PECO Commercial Electric Rates
Are you in search of PECO commercial rates? Look no further! EnergyPricing.com offers the best deals tailored to your needs. With our advanced technology, comparing prices from multiple PECO electricity suppliers has never been easier. Discover the numerous benefits of choosing EnergyPricing.com for your next commercial electricity contract:
- 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 electricity 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 suppliers compensate us. Due to our automated online pricing process, we can offer some of the cheapest electric rates in PECO.
- Expert Advice: Unsure of which 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.
Tips for Lowering Your Next PECO Electric Bill
There are multiple strategies you can employ to lower your electric bill. By incorporating energy-efficient practices and seeking out better rates, you have the potential to decrease your monthly bill significantly. Refer to the list below for valuable tips on how to cut costs on your upcoming PECO bill.
Shop for Better Rates
Reducing your electricity bill is as simple as shopping around for better rates. At EnergyPricing.com, we remove the hassle of finding the best options by carefully evaluating all our suppliers and energy plans.
We're also here to answer your questions and provide reminders for when it is time to renew. And for business owners needing a personalized rate, our online platform directly connects you to suppliers, allowing you to sit back and watch the bids pouring in.
Energy Efficiency Measures
To lower your energy bill, it's worth considering energy-efficient alternatives. Opt for LED light bulbs and Energy Star-certified appliances such as refrigerators, washing machines, and dishwashers. Additionally, consider using programmable thermostats. Also, remember to look at the utility companies' energy efficiency programs, as they might provide rebates to help offset some of the expenses.
Smart Usage Habits
In addition to considering energy-efficient alternatives, you should look into developing smart usage habits to lower your next electric bill. Remember to turn off lights and electronics when not in use, seal air leaks in your home, and use fans instead of air conditioning. These simple steps can actively reduce your energy consumption and lead to lower monthly bills.
Ready to Start Pricing? Save Today!
Ready to start saving on your next PECO electric bill? This in-depth article equipped you with all the valuable information to find the most affordable electricity rates in PECO. You Discovered the key factors to consider when comparing electricity suppliers and also gained insights on how to reduce your next electricity bill. Take the first step towards savings by entering your zip code below, and start saving today!
Compare PECO Electric Rates Today ⇩
Frequently Asked Questions
Based on our extensive research, EnergyPricing.com predicts a decline in electric rates from their peak in 2022. This can be attributed to the substantial decrease in natural gas prices expected in 2023. Stay informed and take advantage of this favorable trend with EnergyPricing.com.
From 09/01/2023 to 11/30/2023, the PECO price to compare for residential customers is $0.09672 per kWh. For commercial customers, PECO's price to compare is $0.09679 per kWh. Shop on EnergyPricing.com to find cheaper rates.
If you're looking for the cheapest electricity supplier in PECO, look no further - according to our research for July 2023, Clearview Energy overall offered the cheapest electric rates in PECO.
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