Pittsburgh Electricity Rates
Items 1 to 10 of 14 total
Last Updated: August 31, 2023
Author: Paul I. Rhoads, CEM, CEP
Compare Electric Suppliers in Pittsburgh and Find the Best Prices in 2023!
Looking to save on your electricity bills? Your search ends here! This all-inclusive article is your ultimate resource to discover the most affordable electricity rates in Pittsburgh.
We will guide you through comparing electric suppliers, keep you updated on current and upcoming electric prices, and offer valuable tips to help you reduce your electricity expenses.
Get ready to start saving on your electric bills!
Understanding Pittsburgh Deregulation Energy Market
Pittsburgh, known as The Steel City for its rich history in the US Steel industry, is situated in a deregulated energy market. This means residents can switch electricity providers. To fully benefit, it's crucial to understand the deregulated market, including electricity rates, plans, and providers. Familiarizing yourself with these factors is essential for finding the best deal.
But don't worry! Understanding Pittsburgh's electricity rates is a simple process. By considering rates, term length, and contract terms, you can confidently make an informed decision. Let's explore Pittsburgh's electricity rates and maximize the benefits offered by your energy provider together!
Current Pittsburgh Electricity Rates
Pittsburgh's electricity prices are influenced by a range of factors, such as weather conditions and power generation. Here are the current average electricity prices for residential customers in Pittsburgh. Simply click the Get Started button below access the most up-to-date rates.
- 12-Month Fixed Rate of $0.1066 per kWh
- 24-Month Fixed Rate of $0.1134 per kWh
- 36-Month Fixed Rate of $0.1128 per kWh
Source: This data is based on the average residential electricity rates for fixed-rate plans in Duquesne Light as of June 29, 2023.
Future Electricity Rates in Pittsburgh
Ever wondered about the future electricity prices in Pittsburgh? While we can't predict with certainty, we can make informed estimates by analyzing the energy future market.
The Energy Future Market functions as a stock market for energy contracts, where traders trade based on their predictions of future energy prices. It's like having a window into the Pittsburgh electricity market, providing valuable insights. Take a look at the latest chart for the energy future market in the Pittsburgh area.
Source: PJM Western HUB Day-Ahead Peak Average
How to Compare Energy Companies in Pittsburgh
Finding the best energy company in Pittsburgh doesn't have to be overwhelming. With EnergyPricing.com's easy-to-use interface, comparing energy companies is a breeze!
Compare energy companies in Pittsburgh in just 3 Easy Steps:
- Click the Get Started Button: This will direct you to all our available electricity suppliers in your area.
- Compare Rates and Suppliers: Our easy-to-use interface allows you to compare all the suppliers and plans effortlessly.
- 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.
Factors to Consider When Shopping Electric Companies in Pittsburgh
If you're unsure about comparing electric companies in Pittsburgh, don't worry! With so many options, it can be overwhelming to know where to start. When shopping for energy providers in Pittsburgh, we recommend considering the following factors below
- Price: Be sure to compare different rates and plans from each supplier to find the best options for your needs and budget.
- 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.
- 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.
- 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.
- 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 Pittsburgh
Finding the top electric suppliers can be a daunting task, as it's challenging to distinguish the true standout. But here's some great news! The U.S. Energy Information Administration has just released a report that ranks suppliers based on their customer count. According to this highly reliable report, here are the top 10 electric suppliers in the Pittsburgh 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
- Direct Energy Services- 55,288 customers
- CleanChoice Energy, Inc.- 53,347 customers
- Dynegy Energy Services, LLC- 47,352 customers
Remember that there are other choices besides the previously mentioned well-known providers. In fact, emerging suppliers in Pittsburgh have historically offered some of the most competitive electric rates, striving to gain market share by providing better deals than established players.
Types of Electricity Plans in Pittsburgh
When shopping for electric rates, you'll discover various plans designed to match your risk tolerance. From fixed-rate plans that offer stability and predictable pricing, to variable-rate plans that offer flexibility and potential savings in select months. Below are some of the most commonly offered 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.
Pittsburgh Electric Company
Duquesne Light is the Pittsburgh electric company that serves as the local electric utility. Your local utility company is in charge of maintaining power lines and delivering electricity to your home or business. Remember, if you experience any power outages, contact your local utility company rather than your electric supplier.
Tips for Lowering Your Electric Bill in Pittsburgh
To reduce your electric bill, you have several effective strategies available. By adopting energy-efficient practices and seeking out better rates, you can significantly decrease your monthly expenses. Here are some tips to help you save both 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 Pittsburgh
Are you searching for the most competitive commercial electricity rates in Pittsburgh? Look no further! With EnergyPricing.com, you can easily compare prices from multiple providers online.
Below are the advantages of choosing EnergyPricing.com for your next commercial electricity contract.
- 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!
- 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.
- 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 Pittsburgh'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 the Get Started button below and start saving on electricity bills today!
Frequently Asked Questions
Who has the cheapest electricity rates in Pittsburgh?
If you're looking for the cheapest electricity rates in Pittsburgh, look at EnergyPricing.com. Currently, Clearview Energy offers the cheapest electricity rates in Pittsburgh.
Who is the electric utility company that serves Pittsburgh?
You can rely on Duquesne Light for delivering and maintaining your electricity in Pittsburgh. If there is a power outage, contact them to help you get back up and running.
What is the current average electric rate in Pittsburgh?
Currently, the average 12-Month Fixed Rate in the market for residential customers in Pittsburgh is $0.1066 per kWh. Remember, however, that rates are constantly changing, and you can always shop around to get the best rates on EnergyPricing.com.