Save On PECO Energy Bills
Electricity competition in the state of Pennsylvania has created a robust marketplace where dozens of licensed power suppliers compete with one another for customers of all sizes. As the state’s largest utility, PECO Energy has more electricity companies offering competitive rates to their customers than any other utility in Pennsylvania. Competitive prices have allowed more than two million customers to save on their monthly PECO Energy bills.
PECO Energy delivers power to more than 1.6 million customers in southeastern Pennsylvania in an area that includes Philadelphia. While true electricity choice is only three years old in the PECO service area, competitive power companies have been successful in enrolling over 33% of the residential class in the area and 50% of commercial customers. As is often true with new energy choice markets, business customers were first take advantage of competitive prices offering savings against higher default supply rates. As more and more businesses have become familiar with power shopping, competitive suppliers began offering service to the 1.4 million residential customer pool.
The combination of competing companies and high default rates have made finding low electric rates in PECO an easy task for those willing to spend a few minutes learning about their options. By finding a fixed rate that is lower than the PECO price to compare default rate, a customer is easily able to see the savings on their monthly PECO electric bills. Consumers who are wanting to save on their PECO Energy bills simply have to shop for competitive prices.