PECO Customers Soon To Pay 13% Less for Electricity

Small commercial and residential customers in Pennsylvania will experience changes to their monthly electricity bills, starting March 1, 2021. PECO has filed with the Pennsylvania PUC for a new generation rate for the following three-month period.

For residential customers, this means 3% decrease, from the current rate of $0.05920 per kWh to $0.05761 per kWh.

PECO Energy

9.73¢ Price to Compare

Through May 31, 2023

Provider Plan Term Rate Savings  
Clearview Energy
12 months
7.49¢ / kWh

Save 23%

Energy Harbor
7 months
7.68¢ / kWh

Save 22%

Clearview Energy
6 months
7.69¢ / kWh

Save 21%

Constellation
6 months
7.69¢ / kWh

Save 21%

Clearview Energy
18 months
7.99¢ / kWh

Save 18%

For small commercial customers, the decrease is steeper. Customers at or under 100 kW, will see their new rate go down by 13%, from the current $0.06008 per kWh to $0.05243 per kWh.

PECO Energy

9.73¢ Price to Compare

Through May 31, 2023

Provider Plan Term Rate Savings  
Freepoint Energy Solutions
36 months
7.86¢ / kWh

Save 20%

Freepoint Energy Solutions
36 months
7.91¢ / kWh

Save 19%

Freepoint Energy Solutions
36 months
7.93¢ / kWh

Save 19%

Freepoint Energy Solutions
36 months
7.98¢ / kWh

Save 18%

Freepoint Energy Solutions
36 months
7.99¢ / kWh

Save 18%

The news comes only four months after PECO raised natural gas rates for the first time in the decade due in large part to a $69 million investment in the natural gas system.

The new proposed lower prices will have to be approved by the Pennsylvania Public Utility Commission before they can take effect.

Updated on

Prev Post
What Are Peak Hours for Business?
Next Post
Met-Ed, Penelec & Penn Power Soon To Charge 12% Less For Electricity