Find the Cheapest Penelec Electric Rates in 2024

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EnergyPricing.com / Utilities / Penelec Electric Rates

Last Updated: September 09, 2024

Key Points

  • Penelec is a deregulated electricity market meaning you can shop electricity suppliers for a cheaper rate. 
  • Compare electric rates and providers with EnergyPricing.com by entering your zip code in on online comparison tool.

Today's Best Electricity Rates in Penelec

Weekly Penelec Electricity Rate Trends

Current Avg. Electricity Rates 

12 Month Fixed Rate $0.1048
24 Month Fixed Rate $0.1180
36 Month Fixed Rate $0.0000
These are the weekly Penelec average price trends as of December 6, 2024.

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.

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 as of June 1st, 2024.

  • Penelec Price to Compare for residential customers is currently $0.09751 per kWh
  • Penelec Price to Compare for business customers is currently $0.10245 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.

How to Switch to Penelec Suppliers

Switching electricity suppliers in Penelec doesn't have to be overwhelming. With EnergyPricing.com's easy-to-use interface, swiching suppliers is a breeze!

Switch Penelec Electric Suppliers in just 3 Easy Steps:

  • Click the Get Started Button
    This will direct you to all our available electricity providers in your area.
  • Compare Rates and Providers
    Our easy-to-use interface allows you to compare all the providers and plans effortlessly.
  • Enroll Online
    Once you find the perfect plan, you can enroll online in less that 2 minutes.

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Benefits of Switching Penelec Energy Suppliers

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: Penelec will still be in charge of delivering your electricity, meaning you won’t experience any disruption to the service when switching suppliers. Also, when there is a power outage, Penelec will still be responsible for getting you back up and running.
  • Budget Certainty: Switching to a third-party electricity provider offers a significant benefit: budget certainty. Instead of being subject to Penelec's default rate that changes every couple of months, you can secure a fixed electricity rate for up to typically 48 months if you choose.
  • 100% Green Option: If you're someone who cares about the environment and is looking for a 100% Green Energy Plan, then switching to a 100% Green electricity supplier is for you.

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:

  1. Price: Be sure to compare different rates and plans from each supplier to find the best options for your needs and budget.
  2. 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.
  3. 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.
  4. 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.
  5. 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.

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.

Below are the advantages of selecting EnergyPricing.com for your next commercial electricity plan.

  1. 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!
  2. 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.
  3. Expert Advice: Unsure which plan or energy provider to use? No problem. You will have access to an industry expert who can help you.

Tips for Lowering Your Next Penelec Electric Bill

You have various options to reduce your electricity bill. By adopting energy-efficient habits and shopping for better 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 - 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 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 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 have gained insights into important factors to consider when comparing electricity suppliers and learned straightforward methods to decrease your monthly electricity expenses. Click on the Get Started Butoon below and begin saving today!

So what are you waiting for? Simply press the Get Started button and start comparing electricity rates today!

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