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 Electricity Rates in Philadelphia from Electric Generation Suppliers
| Plan Name | Term | Rate/kWh |
|---|---|---|
| Direct Energy Live Brighter 13 | 13 | 8.09 ¢ |
| Public Power Electric 10 Month Fixed | 10 | 8.09 ¢ |
| Public Power Electric 12 Month Fixed | 12 | 8.19 ¢ |
| Direct Energy Live Brighter 12 | 12 | 8.69 ¢ |
| Public Power Electric 18 Month Fixed | 18 | 8.79 ¢ |
| Energy Harbor Safe Harbor 12 | 12 | 9.09 ¢ |
| Energy Harbor Safe Harbor 24 | 24 | 9.49 ¢ |
| Energy Harbor Safe Harbor 36 | 36 | 9.79 ¢ |
Shop PECO Electricity Rates By Zip Code
Shop for Electricity Rates in PECO
PECO electric company is part of the Pennsylvania electricity choice program.
Under this program, you can shop for an electricity supplier for your home or business, or you can get your power from the utility.
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 an Electric Generation Supplier (EGS) you typically can lock in a competitive rate that gives you price certainty for a certain term depending on the contract length you select.
Compare that to PECO’s rates, which change quarterly. You can see your the current Price to Compare on your bill or below.
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.
The PECO residential Price to Compare is 9.672¢/kWh for residential customers Rate R. That rate is in effect from September 1, 2023 to November 30, 2023. 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).
The PECO Price to Compare is 9.679¢/kWh for business customers general service. That rate is in effect from September 1, 2023 to November 30, 2023. 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).
Current and Historic Price to Compare for PECO Energy Electric Utility
PECO’s electric Price to Compare updates quarterly with market prices in March, June, September, and December. The current rate in the table below is what you would pay for electricity if you stay with PECO as your default electricity supplier. The chart illustrates increasing energy costs for residential electric service recently.
| Effective Date | Price to Compare |
|---|---|
| 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¢ |
PECO Residential Price to Compare Historic Rate Chart
Standard Offer Program
PECO customers can participate in the Standard Offer Program, also called the Customer Referral Program.
Under this program, you’ll get assigned to a supplier. You will have a fixed rate for 12 months, with a guaranteed savings of 7% off PECO’s currently effective price to compare.
Keep in mind that it’s 7% off the price to compare that’s in effect on the day you sign up. The price to compare changes quarterly. But your rate under the Standard Offer Program will stay the same for the full year.
Also keep in mind that you may be able to get even greater savings if you shop directly for a competitive supplier. Most of the rates above will give you a savings greater than 7% below the current PECO price to compare rate.
Contact PECO to sign up for the Standard Offer Program.
Philadelphia Power Outage – Who to Call
Power outage in Philadelphia? Contact PECO electric to report the issue.
- Power Outage Phone Number: Text OUTAGE to 697326 (MYPECO).
- Report Power Outage Online.