In Pennsylvania, utility customers have the opportunity to choose their electricity or natural gas supplier, which may save them money. Regardless of who you choose to supply your energy, PECO will continue to serve as your energy delivery company and will respond to outages, manage billing, and assist you with any questions they may have.
If you are enrolled with a competitive electric generation or natural gas supplier, the rate charged by the supplier could be higher or lower than the rate charged by PECO. You should review contract terms and conditions and contact your supplier to discuss pricing options.
PECO’s Price to Compare (PTC) is the current rate for PECO customers – so if you are evaluating offers from competitive energy suppliers, it’s a good idea to review the rate they are offering you against PECO’s PTC. These prices change quarterly and more information about current and future rates can be accessed through the electricity and natural gas PTC pages.
Things to Consider
It’s important to know how to choose a supplier that best fits your household. Many offer fixed-rate offerings and lower prices; however, those rates can change if your contract with that supplier ends.
That is why it’s important to know your contract, investigate suppliers thoroughly, and ask the following questions:
- Will the supplier charge a fixed or variable rate?
- Is there an escalation clause in the contract?
- How long is the contract term?
- Are there any early termination or cancellation fees?
- Based on PECO’s current PTC, how much will you save over the term of the contract?
If you have questions about the end of your contract you should contact your current supplier, which is listed on your PECO bill and, if there is a problem, then contact the Pennsylvania Public Utility Commission’s (PUC) Bureau of Consumer Services at 1-800-692-7380. More information on understanding a contract with a competitive natural gas or electric generation supplier can be found on the PUC’s websites at www.pagasswitch.com or www.papowerswitch.com.
What is a Supply Rate?
The supply rate is the portion of the bill that accounts for the actual natural gas or electricity that is used. Supply can be purchased through a competitive energy supplier or from PECO. When purchased from PECO, these costs are passed along to you at exactly the cost that PECO pays, without a profit mark-up.
Helping You Understand Your Bill
At PECO, we do everything we can to keep energy supply prices low and help customers manage their energy bills. As the seasons change, here are a few ways to take control over your energy use and costs to save money:
- Use energy as efficiently as possible and monitor usage
- Sign up for energy efficiency programs
- Take advantage of financial assistance and bill relief programs
- To learn more about your bill, energy assistance programs, and more, visit peco.com/BillSupport
If you are looking to switch to a third-party supplier, we encourage you to evaluate rates, contract terms, and potential fees. For more information on suppliers, PECO’s current PTC, and a helpful video, visit our website at peco.com/choice.