Pennsylvania Electricity Rates Comparison
Pennsylvania is one of the 18 US states with deregulated energy, giving Pennsylvania residents the choice of their retail energy provider. What does electricity deregulation mean in practice? The local utility company continues to manage and control the delivery portion of the electricity (lines and wires) but is no longer in the business of providing the lowest Pennsylvania electric rates. Instead, Pennsylvania residents can shop with one of many power suppliers to find fixed-rate, variable-rate, and clean energy plans. We will show you how.
Cheapest PA Electric Rates
There are numerous utilities in Pennsylvania, including PECO Energy, PPL Electric Utilities, Duquesne Light Co., Penelec, or Penn Power. If one of them is your utility provider, you can compare their standard tariff (also known as Price to Compare) to other energy plans in Pennsylvania available in your zip code.
PECO is the largest combination utility company in Pennsylvania, serving about 1.6 million electric and over 511,000 natural gas customers. The utility company’s default residential rate is 6.27¢/ kWh or an estimated monthly supply fee of $94.05 (based on an average usage of 1500 kWh).
PPL Corporation is an energy company headquartered in Allentown, Pennsylvania, that delivers electricity to more than 10 million customers in Pennsylvania, Kentucky, and the United Kingdom. PPL Electric’s current standard default rates are 7.317¢/kWs for residential consumers and 6.662¢/kWh for business customers, valid until 31st May 2021.
Met–Ed serves more than 560,000 customers in southeast Pennsylvania. The utility company’s current standard residential default rate is 6.174¢/kWs.
Duquesne Light provides energy services to over half a million residents and businesses throughout southwestern Pennsylvania. Their current utility provider charges are 7.07¢/kWs for Pennsylvania households and 6.16¢/kWh for businesses, valid until 1st June 2021.
Penelec serves nearly 600,000 customers located in western, northern, and south-central Pennsylvania. The utility company’s current standard residential default rate is 5.598¢/kWs.
Penn Power is one of the largest energy providers serving the state of Pennsylvania. The utility provides power to more than 1 million customers spanning across popular Pennsylvania cities of Pittsburg, Greenville, and Jamestown. The utility company’s current standard residential default rate is 6.435 ¢/kWs.
Pennsylvania Energy Market Data
Last updated October, 2021
- The Residential electricity rates in Pennsylvania are currently at 13.3 ¢/kWh, which averages out to about $27.50 for a household of four in PA for a year’s worth of electricity.
- The commercial electricity rate of Pennsylvania is 9.8 ¢/kWh.
- This is likely the direct result of the deregulated retail electricity market forces – increased competition pushing the average prices down. That being said, Pennsylvania energy companies, such as PECO, Penelec, and Penn Power modify their rates every three months, often asking PPUC to approve price hikes.
- When you switch energy companies, your local utility will continue to deliver electricity safely to your door through the state power lines. The only thing that will change will be the supply portion of your energy bill – which will now have the name of your new electricity supplier and a better supply rate!
Source: Pennsylvania energy data from The U.S. Energy Information Administration (EIA)
Energy Deregulation in Pennsylvania
Pennsylvania decided in favor of energy deregulation in 1996, passing the Electric Choice and Competition Act in 1997, allowing its residents to compare electricity rates and electricity providers. Since then, some 2.1 million households and 250,000 businesses have switched electric suppliers which according to the PPUC Chairman, John M. Quain, resulted in the average Pennsylvania electricity rates dipping by more than 10%.
The Pennsylvania Public Utility Committee (PPUC) regulates the Pennsylvania energy suppliers and rates, ensuring safe and reliable services for customers, and educating consumers about energy efficiency, energy-saving initiatives, and renewable energy options.
PA Power Switch
Coinciding with the Pennsylvania energy deregulation, the state energy comparison site called PA Power Switch was founded by the PPUC to educate Pennsylvanians about their energy choice. The website offers several useful links, including guidelines on how to read your electric bill, explanations of different types of energy products, renewable energy projects, rebate programs, and appliance recycling tips.
Like PA Power Switch, ElectricRate also allows you to compare available Pennsylvania electricity rates and retail energy providers, but our web-based comparison tool also offers additional benefits.
|Switch to your new service in a few clicks - When you enter your zip code on ElectricRate, you will not only see all rates, with the cheapest deals displayed on the top of the list, but you can also sign up immediately with just a few clicks.|
|All the information you need in one place - As customers, we all like excellent customer service and extras. That's why at ElectricRate, we carefully review all major suppliers and compile information about customer support hours, ratings, and extra benefits that they provide, such as attractive referral programs, complementary goods, and value-add services.|
|Get the support you need: Our team at ElectricRate is ready to provide ongoing support to customers, including helping you choose the plan that best fits your lifestyle, notifying you when your plan is about to expire and any additional support you might need. All you need to do is give us a call at 1-888-307-9636 or email [email protected]|
Energy plans & products in Pennsylvania
Energy plans are like shoes. One size does not fit all. You should have a good understanding of the typical products that energy providers offer, so that you can make an informed choice. We are here to help you. Below you can find an overview of the energy products, available to consumers in Pennsylvania:
|Plan||Description||What's Good?||What's Bad?|
|Time of Use Tariffs||You pay a different rate based on the time of day (higher rates during peak hours and lower rates during non-peak hours)|| |
|Renewable Energy Credits (RECs)||By purchasing 1 REC, you purchase the environmental benefits of 1MWh of renewable energy generation.|| |
|Green / Renewable Energy Plans|| |
|Prepaid Plans||This plan lets you pre-purchase power for your home at a set price, like a prepaid cell phone.|| |
|Variable Rate Plans||Your per-unit gas and electricity costs can vary at the discretion of your supplier.||
|Fixed Rate Plans||Your unit price for gas and electricity will remain the same for the duration of the plan.||
How To Find The Best Provider For You
Switching to a new energy supplier might seem complicated, but we promise you – it isn’t! Follow these simple steps to find convenient fixed-rate plans in Pennsylvania:
Analyze Your Current Costs
Look at the electric supply charges on your utility bill, which will be expressed in cents per kilowatt-hour. This number is called your Price to Compare and your primary objective is to find a plan with a lower number.
Review Your Current Contract and Plan
Switching suppliers can be costly if you are the type of person that tends to skim through the fine print in your contract. For example, if you are currently on a fixed-rate electricity plan, there might a penalty associated with switching out too early – check if you are able to switch without a fee.
Compare Energy Plans
Use our online search and shopping tool to see available electric rates for your zip code. Find the electricity provider with the lowest rate and if you like what you see, you can sign up right there and then! A pro tip – We all like good customer service. That’s why at ElectricRate.com, we only promote rates from reputable providers, based on their prices, electricity plans, customer service, and extras! Before you sign up, read our review of your new retail electric provider to avoid surprises.
What You’ll Need To Switch Suppliers
To change Pennsylvania electricity suppliers, you only need your zip code, a most recent energy bill, and about 5 minutes of your time. The process is as follows:
- Enter your zip code on our website
- Find your monthly usage of electric utilities in your recent bill
- Compare rates from other suppliers for a similar energy usage
- Sign up for a new deal and start saving money
The change will be automatic and you won’t have to do anything else.
Below are answers to some of the questions you might have about the electric choice in Pennsylvania.
Would switching providers be worth it?
In general, the average electricity rates in deregulated energy states (where you can shop for an energy supplier) are lower than in regulated states (where only utility companies are allowed to supply your power). However, switching providers will only be worth it if your new Price to Compare is lower than your current electric rate. Also, be aware that if you are locked in a fixed-rate term plan, there might be a cancellation fee if you decide to switch early.
How do I read my electricity bill?
There are two main charges on your Pennsylvania electricity bills – supply charges and a transmission & delivery service (TDS) charge. Both supply and TDS rates are multiplied by your monthly usage (amount of kilowatt-hours you use). The TDS rate is fixed – it’s driven by your electric distribution company. If you live in a competitive market state, such as Pennsylvania, you can choose a better supply rate by comparing residential electricity rates in Pennsylvania in an online marketplace.
How do I lower my Pennsylvania electricity bill?
One sure way to lower your utility costs is to reduce your energy usage. Some appliances in your home, such as air conditioners are energy guzzlers! There are many benefits to conserving energy – potential savings, improved quality of life, and even a hike in your property price. But don’t end there. In Pennsylvania, all residents have the right to shop for competitive rates, signing up for the best price. You can compare available rates by entering your zip code on ElectricRate – we review all major suppliers in your state, whether you are after a fixed-rate plan, a variable-rate, or alternative energy credits.
Did PECO raise rates?
Only a few days, ago, the state utility PECO filled with the PA Public Utility Commission for mass increase in different types of default rates. If approved, residential customers in Pennsylvania cities will see their bills increase from the start of summer. For residential customers, this means a 0.9% increase, from the current rate of $0.06267 per kWh to a new rate of $0.06323 per kWh, starting June 1, 2021. Three months ago, PECO also raised its natural gas rates.