Understand PECO Energy Rates
PECO is an energy utility that is part of Exelon, a large North American energy corporation. Headquartered in Philadelphia, PECO is the largest Pennsylvania utility, providing regulated PECO energy rates for supply and delivery in the counties of Chester, Bucks, Delaware, Philadelphia, Montgomery and York. Known for its famous Crown Lights messages atop its Philadelphia offices, PECO has delivered more than 17,500 community and nonprofit messages since Independence Day 1976. These 2 million Crown Lights and its messages have become a city tradition and were replaced with LED lights to conserve energy on Independence Day 2009.
Want to know more about PECO in your city?
How energy deregulation affects consumers
Before the Electricity Generation Customer Choice and Competition Act, Pennsylvania's entire energy market was regulated by the government. There was only one choice when it came to electricity and natural gas rates on supply – the utility. Since the Pennsylvania energy market finished its transition into deregulation in 2000, consumers have a choice of where they purchase their energy supply. They may purchase supply from their utility at regulated supply rates or a retail supplier that offers alternative supply rates. This gives consumers more options for energy supply plans, which gives them a better chance to find the ideal electricity and natural gas rates on supply for their home or business.
What is the PECO price to compare?
Since it is a utility, PECO energy rates remain regulated by the government and follow the market value of energy. These electricity and natural gas rates on supply may work for some consumers, but for those who prefer a more consistent bill, regulated supply rates may not be the best option. The PECO price to compare allows consumers to make the best decision for their home or business by comparing regulated rates for supply to what is offered by retail suppliers.
How ElectricityRatesPennsylvania.com can help you find a plan
ElectricityRatesPennsylvania.com knows how difficult it can be to find the right energy plan for your home or business. Our thoroughly trained energy team has a great deal of experience in helping energy consumers find a plan that works for them. Start by browsing our site to read about the various energy suppliers that offer service in your area. When you're ready to talk about plans, give us a ring! Don’t go about it alone – consult a professional so you know you've got a good plan for your home or business. Call today!
Source: www.peco.com. Updated: 5-14-15.
