PECO Electric Rates – Get the Latest Rates in Your Area

peco electric rates

Pennsylvania has a deregulated energy market, which gives consumers the option to choose their own Peco electric rates. This means you can save money by shopping the latest electric supplier rates in your area. To get started, simply enter your ZIP code above to view the cheap energy providers near you.

As the summer heat sets in, utility bills are spiking across Pennsylvania. The increase comes from the cost to generate electricity, or the supply charge, which makes up about half of a residential customer’s bill. The supply charge reflects the current wholesale price of power from competitive energy suppliers and is passed on by utilities at exactly what they pay. The supply charge does not include the distribution charge, which is what pays for PECO’s pipes and power lines.

Navigating PECO Electric Rates: A Guide to Understanding and Managing Your Energy Costs

Consumer advocates say if you’re planning to shop for an alternative electricity supplier, check the fine print. Some suppliers will charge cancellation fees and may include hidden terms and conditions, such as varying rates or auto-renewals. The Pennsylvania Consumer Advocate’s office warns consumers to be aware of these traps.

PECO customers can choose from a wide selection of competitive electricity suppliers that offer plans with fixed electricity rates in the PECO service territory. Switching to a new electricity supplier doesn’t disrupt your home’s delivery of power through the power lines, and PECO will still be in charge of the distribution network if there are outages. You can even select a 100% green electricity plan if you’re looking to reduce your environmental impact.

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