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Penelec (Pennsylvania Electric Company) is a large electric utility in PA, serving northern and central regions in the state. If Penelec is your utility and you have not switched your supply, you may be paying a default rate that changes throughout the year, also known as the price to compare — when you could be paying less. Learn how Penelec serves its customers and how you can reduce your electric costs with EnergyPricing.com.
Penelec Price To Compare
(03/01/2023 – 05/31/2023)
Residential: 9.561¢/kWh
Business: 9.161¢/kWh
Emergencies:
888.544.4877
General Inquiries:
800.545.7741
The Penelec (Pennsylvania Electric Company) is owned by FirstEnergy and can be found in central and northern Pennsylvania. Beyond Penelec, FirstEnergy owns nine other companies across Pennsylvania, West Virginia, Ohio, New Jersey and Maryland, serving over 6 million customers. Penelec runs on a section of FirstEnergy’s 269,000 miles of power lines and serves nearly 600,000 homes and businesses in the state.
Penelec is in charge of electric distribution. Suppliers, often referred to as Retail Electric Providers (REPs), provide the electric that Penelec sends to homes and businesses that receive their service. In PA, the deregulated energy market gives you the option to choose your supplier.
Penelec will always restore a loss of power and maintain power lines, no matter who your supplier is. The supplier you choose will set the supply rate you pay for your power based on the current market and supply verse demand.
State laws require utilities to provide a default rate for users who do not choose a third party option. This default rate is known as the Price to Compare (PTC) per kilowatt-hour (kWh). Your PTC is based on the price your utility pays for energy on the wholesale market.
The Penelec Price To Compare changes for residential and commercial customers four times per year. The current Penelec Price To Compare for 3/1/2023 – 5/31/2023 is 9.561¢/kWh for Residential Customers and 9.161¢/kWh for Business Customers.
Attention Penelec Electric customers! Are you ready to compare electricity plans for your home or business? We offer the best electricity plans in Penelec from the top retail electricity providers. Now, there are several electricity plan options offered in the Penelec service territory. And, knowing your options is a great start to finding the best plan. Here are some of the plans offered in Penelec:
Fixed-rate electricity plans allow residents and businesses in Penelec to lock-in electricity unit costs at a certain $/kWh for a contract period term. This provides price certainty and a relatively simple way to budget for energy costs.
Our site also gives Penelec residents the option to choose between residential electricity rates and commercial electricity rates. Commercial businesses in Penelec even have the ability to request a custom quote that is tailored to the business's individual usage.
Some energy providers require customers to put down a deposit when they sign up for an electricity plan. Our site allows you to filter plans that do not require a deposit, so you can sign up with a Penelec electricity provider on your terms.
Are you looking for a green electricity plan for your home or business? Our site displays rates from some of the leading green energy suppliers in Penelec and the rest of Pennsylvania. Whether you want electricity generated from wind or solar, you can easily sort by 100% renewable plans.
Instead of paying Penelec’s price to compare, you can work with us to create a custom reverse energy auction. With this process, our network of suppliers will bid against each other to try to win you over. This process can get you a new, lower supply rate compared to shopping on your own or using a traditional RFP process.
Our custom quotes come with complete transparency throughout the process. Suppliers will have the chance to out bid each other and submit a better offer if they are not winning. Once the bidding period is up, you then have a range of contracts and rates to choose from.
Next, you will work with your energy expert to assist with any questions and ensure you are certain with your choice. They’ll help you review your contract options. No matter if you end up with the lowest bid and/or the best terms, they will be there to review all bids.
EnergyPricing.com makes it easy to find your next supply rate and contract that work with your energy usage. Get started with us today by getting a quote or reaching out to our team.
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