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

9.24¢ Price to Compare

Through November 30, 2024

Provider Plan Term Rate Savings  
Tomorrow Energy
6 months
6.78¢ / kWh

Save 27%

Clearview Energy
9 months
7.79¢ / kWh

Save 16%

Constellation
6 months
8.49¢ / kWh

Save 9%

Direct Energy
8 months
8.69¢ / kWh

Save 6%

Clearview Energy
6 months
9.09¢ / kWh

Save 2%

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

9.24¢ Price to Compare

Through November 30, 2024

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

Save 15%

Freepoint Energy Solutions
36 months
7.91¢ / kWh

Save 15%

Freepoint Energy Solutions
36 months
7.93¢ / kWh

Save 15%

Freepoint Energy Solutions
36 months
7.98¢ / kWh

Save 14%

Freepoint Energy Solutions
36 months
7.99¢ / kWh

Save 14%

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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