Compare PECO Electricity Rates

  • Written By: Rebecca Bridges

  • PECO Electric Company is the electric distribution company (EDC) for southeastern Pennsylvania.

    Headquartered in Philadelphia, it is Pennsylvania ’s largest electric utility, delivering power to nearly 1.7 million electric customers in Pennsylvania. PECO is a subsidiary of Exelon Corporation.

    Areas Served by PECO Pennsylvania Electric

    PECO is the electric utility for Philadelphia, plus surrounding towns in Chester County, Delaware County, Montgomery County and Bucks County.

    Best PECO Electricity Rates in Philadelphia Area

    PECO Energy’s residential Price to Compare for the generation supply portion of your bill is 9.425¢/kWh from March 1, 2024 – May 31, 2024. Compare that to the supplier rates below.
    Plan Name Term Rate/kWh
    Direct Energy Live Brighter 9 9 7.69 ¢
    Public Power Electric 8 Month Fixed 8 7.99 ¢
    Direct Energy Live Brighter 12 12 8.09 ¢
    Public Power Electric 12 Month Fixed 12 8.29 ¢
    XOOM Energy Sure Lock 12 12 8.39 ¢
    Direct Energy Live Brighter 18 18 8.39 ¢
    Energy Harbor Safe Harbor 10 10 8.49 ¢
    Public Power Electric 15 Month Fixed 15 8.69 ¢
    Energy Harbor Safe Harbor 20 20 8.69 ¢
    Constellation 12 Month Home Power Plan 12 8.99 ¢

    Shop PECO Electricity Rates By Zip Code

    Shop for Electricity Rates in PECO

    PECO electric company is part of the Pennsylvania electricity choice program and it’s the electric company for Philadelphia.

    Under energy choice program, you can shop for an electricity supplier for your home or business, or you can get your power from PECO.

    Regardless of who you choose for your electricity supply, the utility will still deliver the power to your home, respond in an emergency and send your bill.

    But, when you select a a supplier you typically can lock in a competitive rate. This gives you price certainty for a certain term depending on the contract length you select.

    By comparison, PECO’s rates change quarterly. You can see your the current Price to Compare on your bill or below.

    What’s the PECO Price to Compare for Residential Electricity?

    The PECO residential Price to Compare is 9.425¢/kWh for residential customers Rate R. That rate is in effect from March 1, 2024 to May 31, 2024. PECO’s rates change 4 times a year, in March, June, September and December. You can lock in a fixed rate plan by shopping for an Electric Generation Supplier (EGS).

    What’s the PECO Price to Compare for Business Electricity?

    The PECO Price to Compare is 8.457¢/kWh for business customers general service. That rate is in effect from March 1, 2024 to May 31, 2024. PECO’s rates change 4 times a year, in March, June, September and December. You can lock in a fixed rate plan by shopping for an Electric Generation Supplier (EGS).

    PECO Price to Compare – Current Rates

    PECO’s electric Price to Compare updates quarterly with market prices in March, June, September, and December. This is the rate you will pay if you don’t shop for an electricity supplier.

    The Price to Compare includes charges for generation and transmission, PA’s Gross Receipts Tax, and the utility’s charges for implementing the Alternative Energy Portfolio Standards.

    Effective DatePrice to Compare
    March 1, 2024 - May 31, 20249.425¢
    December 1, 2023 - February 28, 20248.917¢
    September 1, 2023 - November 30, 20239.672¢
    June 1, 2023 - August 31, 202310.312¢
    March 1, 2023 - May 31, 20239.726¢
    December 1, 2022 - February 28, 20239.855¢
    September 1, 2022 - November 30, 20228.508¢
    June 1, 2022 - August 31, 20227.637¢
    March 1, 2022 - May 31, 20227.066¢
    January 1, 2022 - February 28, 20227.023¢
    December 1, 2021 - December 31, 20217.021¢
    September 1, 2021 - November 30, 20216.597¢
    June 1, 2021 - August 31, 20216.402¢
    March 1, 2021 - May 31, 20216.267¢
    December 1, 2020 - February 28, 20216.426¢

    Sometimes it’s easier to see what’s happening with utility electric rates when you see a graph. This graph shows the price to compare over time. Notice that residential electricity costs have been increasing.

    Philadelphia Power Outage – Who to Call

    Power outage in Philadelphia? Here’s how to report the issue.

    • Power Outage Phone Number: Text OUTAGE to 697326 (MYPECO).
    • Report Power Outage Online.

    About Rebecca Bridges

    Rebecca Bridges has worked in deregulated energy markets since 2001. As chief marketing officer for ElectricityPlans, she focuses on helping consumers save on their electricity bills and find the best electricity plans. Outside of work, Rebecca uses her marketing experience to support dog rescue and can often be found hiking or biking local trails.

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