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. As you explore your energy options in Pennsylvania, learn more about where PECO stands in terms of rates, renewable energy and delivering power.
Areas Served by PECO Pennsylvania Electric
PECO is the electric utility for Philadelphia, plus surrounding towns in Chester County, Delaware County, Montgomery County, Lancaster County, York County and Bucks County.
Shop PECO Electricity Rates By Zip Code
Shop for Supplier Electricity Rates in PECO
PECO electric company is part of the Pennsylvania Electricity Choice program and it’s the electric company for Philadelphia.
Under the state’s 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 specified term depending on the contract length you select.
By comparison, PECO’s rates change quarterly, in March, June, September and December. You can see your the current Price to Compare on your bill or below.
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 Date | Price to Compare |
|---|---|
| December 1, 2024 - February 28, 2025 | 9.273¢ |
| September 1, 2024 - November 30, 2024 | 9.244¢ |
| June 1, 2024 - August 31, 2024 | 9.276¢ |
| March 1, 2024 - May 31, 2024 | 9.425¢ |
| December 1, 2023 - February 28, 2024 | 8.917¢ |
| September 1, 2023 - November 30, 2023 | 9.672¢ |
| June 1, 2023 - August 31, 2023 | 10.312¢ |
| March 1, 2023 - May 31, 2023 | 9.726¢ |
| December 1, 2022 - February 28, 2023 | 9.855¢ |
| September 1, 2022 - November 30, 2022 | 8.508¢ |
| June 1, 2022 - August 31, 2022 | 7.637¢ |
| March 1, 2022 - May 31, 2022 | 7.066¢ |
| January 1, 2022 - February 28, 2022 | 7.023¢ |
| December 1, 2021 - December 31, 2021 | 7.021¢ |
| September 1, 2021 - November 30, 2021 | 6.597¢ |
| June 1, 2021 - August 31, 2021 | 6.402¢ |
| March 1, 2021 - May 31, 2021 | 6.267¢ |
| December 1, 2020 - February 28, 2021 | 6.426¢ |
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 PECO
As the state’s largest utility provider, PECO delivers electricity to 1.7 million customers and natural gas to more than 545,000 customers.
Their history began about 140 years ago, opening as The Brush Light Company of Philadelphia in 1881. Nearly two decades later, this early endeavor was incorporated into the Philadelphia Electric Company, which grew throughout the 20th century to meet the region’s steadily rising power demands. Into the 21st century, PECO is a subsidiary of Exelon Corporation, the nation’s largest regulated utility provider.
PECO’s Energy Initiatives
Progress doesn’t stop, and in the case of electricity, new technologies improve outage identification and power delivery. In serving their multi-county network of households and businesses, PECO has implemented the following initiatives in recent years:
- Smart grid technology: How can the existing electrical grid function more optimally? Smart grid technologies enhance these lines to identify problems sooner, reroute electricity and reduce the number of interruptions customers experience. Beyond the grid, smart substations directly communicate with PECO to address outages and make changes.
- Smart meters: PECO began replacing its older meters with smart electric solutions starting in 2012. Going hand in hand with smart grid technology, smart meters send customers real-time energy use updates, so they know where and how they can save. Additionally, this technology helps PECO rapidly identify tampered meters or stolen electricity and dispatch professionals to investigate these concerns.
- EV support: As more and more auto manufacturers roll out EVs, it’s up to utility providers to develop a charging network and encourage customers to make the switch. PECO has made a few inroads, including offering rebates for charging at home and supporting public projects to expand this emerging infrastructure.
- Renewable and solar initiatives: Along with a push toward EVs, PECO supplies its customers with resources for installing solar panels and connecting to the region’s smart energy grid.
