EnergyPricing.com / Utilities / PECO Electric Rates
Key Points
- PECO is a deregulated electricity market. That means you can shop for electricity suppliers and potentially find a cheaper rate.
- Compare electric rates and providers with EnergyPricing.com. Start by entering your zip code into our online comparison tool.
Current Best Electricity Rates in PECO
We update PECO energy prices regularly in the table below. Discover PECO rates in kWh before making the choice to switch to PECO power.
Weekly PECO Electric Rate Trends
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. Customers in Pennsylvania can use third-party suppliers for both electricity and natural gas. It provides a great opportunity to explore lower rates or even try out alternative energy options. Many customers try out renewable energy plans, making a planet-friendly choice without compromising on service.
There are two components to every energy bill: supply charges and delivery charges. Supply charges reflect the cost of the energy you consume. Delivery charges are associated with delivering that energy to your home. They also cover additional services, such as maintaining energy infrastructure and responding to outages.
If you choose a third-party energy supplier, you will be paying the supply charges to that third party. You will continue to pay delivery fees to PECO. There is rarely any interruption in service. PECO will continue to handle all service-related issues.
While switching suppliers requires an additional step, it only takes about two minutes. That small amount of effort can save you money and even reduce your ecological impact. It’s definitely worthwhile to compare default PECO electric rates to third-party options.
PECO Price to Compare
The PECO price to compare represents PECO rates per kWh for customers on the default rate.
PECO kilowatt rates include the following charges:
- Generation supply
- Transmission
- The state's gross receipts tax
- 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). Then, they should compare it to the utility's default rate.
Below, you will find the PECO Price to compare for residential and commercial customers from 09/01/2024- 11/30/2024.
- PECO Price to Compare for residential customers is currently $0.09244 per kWh
- PECO Price to Compare for business customers is currently $0.09013 per kWh
Disclaimer: The current PECO Price to compare information was obtained from sources that we believe to be reliable. However, 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.
Thankfully, EnergyPricing.com's user-friendly interface makes comparing PECO Energy Rates simple and intuitive.
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Click the Get Started Button
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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. PECO will still be in charge of delivering your electricity. That means 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.
- Budget Certainty. Switching to a third-party PECO electricity provider offers a significant benefit: budget certainty. You will no longer be subject to PECO's default rate, which changes every couple of months. Instead, you can secure a fixed electricity rate for up to typically 48 months if you choose.
- 100% Green Options. Are you someone who cares about the environment? Switching to a 100% green electricity supplier in PECO is for you.
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: 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.
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? 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 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. We will always 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.
3 Tips for Lowering Your Next PECO Electric Bill
There are multiple strategies you can employ to lower your electric bill. You can incorporate energy-efficient practices and shop for better rates. As a result, 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.
1. 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. Thus, we can ensure we’re bringing you the best options.
2. 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. They might provide rebates to help offset some of the expenses.
3. Smart Usage Habits
Additionally, 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? You have all the valuable information necessary to find the most affordable electricity rates in PECO.
Take the first step towards savings by clicking the Get Started button below.
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