Compare PECO Electricity Prices

Residential electricity customers in Philadelphia and surrounding areas in southeast Pennsylvania are finding good savings on their PECO energy bills through electric competition.  Customers in the area seeking to compare electricity prices will find savings versus the PECO price to compare rates of 2011.

Below are two electricity companies offering electricity rates that are lower than the current residential PECO default rate.  While the savings are relevant, they do not even take into account that PECO rates are estimated to increase by another 10-15% this summer according to www.peco.com.  Locking in a fixed rate will protect customers from these increases.

The default prices for PECO electricity will change every three months and are based on a series of auctions.  Some competitive electricity companies are able to offer savings compared to the PECO rates partly because PECO has to include a premium in their pricing when they buy the energy on the wholesale market to offset the uncertainty of how many customers they will have.  Competitive electricity companies do not have to include this premium in their pricing since they are able to purchase power on the wholesale market for the retail customer one at a time.

Compare PECO Rates: