A fixed rate plan is the most common type of electricity plan in Pennsylvania. After all, you’re looking to find a plan to beat your utility price to compare, and give you price certainty. You can only get price certainty with a fixed rate from an electric generation supplier.
What is a Fixed Rate Electricity Plan?
A fixed rate electricity plan means that the energy portion of your electricity bill is fixed at a certain price per kWh for a set time period.
Compare that to the utility price to compare. The price to compare rate will change 2 to 4 times per year. Your just paying whatever rate the utility gets approved. You have no choice in the matter.
The benefit of a fixed rate vs. a utility rate? Price certainty and possible savings. We say possible savings because you never know what the utility rate is going to be. But you can lock in a low price and know what you’ll pay for the term of your agreement.
You can learn more about different types of electricity plans (fixed, variable or indexed) in our article on that topic.
Below are examples of fixed rate plans in PECO Energy, which is the utility in the Philadelphia area. Enter your zip code to see plans in your area.
Fixed Rate Electricity Plans – Philadelphia Area (PECO)
PECO Energy’s residential Price to Compare for the generation supply portion of your bill is 9.273¢/kWh from December 1, 2024 – February 28, 2025. Compare that to the supplier rates below. | ||||
Plan Name | Term | Rate/kWh | ||
---|---|---|---|---|
APG&E True Classic 6 | 6 | 9.30 ¢ | ||
Public Power 12 Month Fixed with Monthly Fee | 12 | 7.99 ¢ | ||
Direct Energy Live Brighter 8 | 8 | 9.29 ¢ | ||
Energy Harbor Safe Harbor Value 6 | 6 | 9.39 ¢ | ||
Public Power 6 Month Fixed | 6 | 9.49 ¢ | ||
Direct Energy Live Brighter 12 | 12 | 9.69 ¢ | ||
XOOM Energy Sure Lock 12 | 12 | 10.19 ¢ | ||
Constellation 12 Month Home Power Plan | 12 | 10.29 ¢ | ||
Direct Energy Live Brighter 18 | 18 | 10.59 ¢ | ||
Energy Harbor Safe Harbor Value 12 | 12 | 10.59 ¢ | ||
Public Power 12 Month Fixed | 12 | 10.69 ¢ |
Shop Basic Fixed Rates Near You
How to Shop for a Fixed Rate Electricity Plan
Shopping for a fixed rate electricity plan in Pennsylvania means knowing (and using) the right tools to compare prices.
At ElectricityPlans.com, we read the fine print and choose the best plans from select providers. Our plan summaries, plus details on the price, term and termination fee, make it easy to pick the best rate for your home.
Fixed rate electricity plans come in different term lengths. You can go short term if you think utility rates will fall. Or choose to lock in for a long term contract if you want long-term security and protection against increasing costs.
Simply enter your zip code to start shopping electricity plans.