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

6.43¢ Price to Compare

Through February 28, 2021

Provider Plan Term Rate Savings  
Think Energy
6 months
6.50¢ / kWh
Public Power
4 months
6.79¢ / kWh
Public Power
12 months
6.89¢ / kWh
Tomorrow Energy
100% renewable energy
12 months
6.98¢ / kWh
Clearview Energy
12 months
6.99¢ / kWh

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

6.43¢ Price to Compare

Through February 28, 2021

Provider Plan Term Rate Savings  
US Gas & Electric
36 months
6.56¢ / kWh
US Gas & Electric
36 months
6.56¢ / kWh
US Gas & Electric
36 months
6.56¢ / kWh
US Gas & Electric
36 months
6.56¢ / kWh
US Gas & Electric
36 months
6.57¢ / kWh

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.

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