Pennsylvania Electricity

On January 1, 2011 the majority of the state of Pennsylvania will have completed the transition to a completely deregulated electricity market.  When 2010 ends Pennsylvania’s largest utility PECO, as well as several other utilities, will have their capped rates expire.  At that point it will make sense for many Pennsylvania electricity customers to shop for lower electric rates versus the utility default rates.

Currently, residential customers in PPL are finding saving up to 15% by comparing electricity companies offers.  Some business customers in the PPL territory are saving as much as 40% off of the PPL default price to compare rates.

The electric savings potential isn’t expected to be as much in PECO as it has been in PPL, however solid savings should exist.  PECO energy customers will continue to receive their electric bill from PECO and continue to receive lines and wires maintenance service from the utility.  The only difference that will occur for PECO energy customers who switch electric companies will be the lower rate they see on their bill.

Commercial electric customers in PECO are already getting offers from licensed electricity companies.  Residential PECO customers will start seeing options as 2011 gets closer.

Here is what we found for Pennsylvania Residential Electricity Prices:
PECO Rates

PPL Rates