Penelec Electric Rates

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Last updated: September 11, 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 Penelec Electric Rates in 2023
If you're searching for the most affordable electric rates in Penelec, you've landed in the right place. This article serves as your ultimate resource for discovering the top Penelec electricity rates. We'll walk you through the process of comparing suppliers, provide information on current and historical rates in Penelec, and even share money-saving tips for your upcoming electric bill. Ready to begin? Let's jump right in!
Short Summary
- Penelec has a customer 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 Penelec with energy efficiency, smart usage habits, and more.
Understanding Penelec Rates
When it comes to setting up service for your home or business with Penelec, you have two options for your electricity rates. The first option is to stick with Penelec's default rate, which fluctuates based on current market conditions. However, thanks to when Pennsylvania government passed the electricity generation customer choice program, the second option in Penelec is to switch to a third-party electricity supplier.
In fact, as of June 30, 2023, nearly 117,000 customers have already made the switch to a third-party electric generation supplier in Penelec. Join them and seize the opportunity to have more control over your electricity rates.
Current Penelec Electricity Rates
Penelec electricity rates are influenced by various factors, including weather conditions and current energy costs. The average rates provided by third-party electric suppliers for residential Penelec customers are presented below. To access the most up-to-date rates, simply enter your zip code.
- 12-Month Fixed Rate of $0.11612 per kWh
- 24-Month Fixed Rate of $0.11706 per kWh
- 36-Month Fixed Rate of $0.12433 per kWh
Source: This data is based on the average Penelec electricity rates per kilowatt-hour for residential fixed-rate plans as of September 11, 2023.
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Penelec Price to Compare
The Penelec price to compare represents the cost per kilowatt-hour (kWh) for customers on the default rate. This includes 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 inquire about suppliers' all-in rates (i.e., their price to compare) and compare them to the utility's default rate. Below, you'll find the Penelec Price to Compare for residential and commercial customers from June 1st, 2023, to August 31st, 2023.
- The Penelec Price to Compare for residential customers is currently $0.09703 per kWh
- The Penelec Price to Compare for commercial customers is currently $0.11037 per kWh
Disclaimer: The current Penelec Price to compare information was obtained from sources that we believe to be reliable, but its accuracy and completeness are not guaranteed.
Historical Penelec Price to Compare
Please review the chart below, which showcases Penelec PA's Price to Compare trends in recent years. This data can help you identify patterns and discover potential opportunities for savings, regardless of whether you are a residential or business customer.

Disclaimer: The historical Penelec 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 Penelec Suppliers
When it comes to switching Penelec electric suppliers, 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 Penelec Suppliers as easy as 1-2-3.
Step 1: Enter Your Zip Code
This will direct you to all our available Penelec electric suppliers.
Step 2: Compare Penelec 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 Penelec 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 Penelec Energy Supplier
By switching to a third-party electric supplier in Penelec, you can unlock many benefits. Experience lower rates and enjoy a range of perks. Below are all the advantages of switching Penelec energy suppliers.
- No Interruption in Service: When you switch suppliers, Penelec will continue to handle electricity delivery through the power lines. This means you won't experience any service disruptions. In the event of a power outage, Penelec will still be responsible for restoring service. You can rest easy knowing that Penelec will continue to deliver electricity to your home or business.
- Budget Certainty: Switching to a competitive supplier has a significant advantage: budget certainty. Instead of dealing with Penelec'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 Penelec.
Factors to Consider When Comparing Penelec Electric Suppliers
If comparing electric 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.
Penelec Service Area
Penelec (also known as Pennsylvania Electric Company) is an electric utility in Pennsylvania. Penelec's service area spans central and northern Pennsylvania, serving nearly 600,000 customers in Pennsylvania. When comparing Penelec electric rates, make sure to check if the plan applies to Penelec customers. In deregulated energy markets, electricity rates can vary significantly depending on the utility. A well-known city in this utility is Erie.
Penelec Commercial Electric Rates
Looking for Penelec commercial rates? EnergyPricing.com has got you covered! Our advanced technology makes comparing prices from multiple Penelec electricity suppliers easier than ever. Discover the 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 Penelec.
- 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 Penelec Electric Bill
You have various options to reduce your electricity bill. By adopting energy-efficient habits and exploring more favorable rates, you can effectively decrease your monthly expenses. Check out the list below for helpful suggestions on how to save on your upcoming Penelec bill.
Shop for Better Rates
Lowering your electricity bill can be as easy as shopping rates from different providers. At EnergyPricing.com, we take the stress out of finding the best options by carefully assessing all our suppliers and energy plans.
We're also available to address any questions you may have and send you reminders when it's time to renew. And for business owners seeking a customized rate, our online platform connects you directly to suppliers, so you can relax and watch the bids roll in.
Energy Efficiency Measures
If you want to reduce your energy bill, it's worth exploring energy-efficient options. Choose LED light bulbs and Energy Star-certified appliances like refrigerators, washing machines, and dishwashers. Additionally, consider utilizing programmable thermostats. Don't forget to check out Penelec's energy efficiency programs, as they might offer rebates to help with the costs.
Smart Usage Habits
To lower your electric bill, develop smart usage habits like turning off lights and electronics when not in use, sealing air leaks, and using fans instead of AC. These steps can reduce energy consumption and save you money!
Ready to Start Pricing? Save Today!
Ready to save on your next Penelec electric bill? This article has provided you with all the information you need to find the best electricity rates in Penelec. You also discovered some key factors to consider when comparing electricity suppliers and learned some simple steps on how to reduce your monthly electricity bills. Enter your zip code below and start saving today!
Compare Penelec 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 June 1st, 2023, to August 31st, 2023, the Penelec price to compare for residential customers is $0.09703 per kWh. For commercial customers, Penelec's price to compare is $0.11037per kWh. Shop on EnergyPricing.com to find cheaper rates.
If you're looking for the cheapest electricity supplier in Penelec, look no further - according to our research for July 2023, Constellation overall offered the cheapest electric rates in Penelec.
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