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A Guide to PECO Energy Rates

Author: Adam Cain | Reviewer: Jesse Shaver | Updated:

What is the PECO Price to Compare?

The current PECO price to compare is 9.24¢ per kilowatt-hour (kWh) effective March 1st, 2025 through May 31st, 2025

The “price to compare” (PTC) is a benchmark rate set by your local utility company that allows you to compare their standard electricity rate with offers from other retail suppliers.

Looking for a better rate?  Enter you ZIP Code below to shop and compare providers who serve PECO residents.

  • Rate Increase Coming for PECO residents in June 2025. Read on for more information about the announcement here.
PECO Electricity Rates Logo

As the largest energy utility in Pennsylvania serving over 1.6 million customers, PECO has served the Greater Philadelphia Region for over 130 years. Dating back to 1881, PECO finds its origins in The Brush Electric Light Company of Philadelphia and the work of Thomas Edison. PECO estimates an annual economic impact of $4.5 billion in PA, supporting more than 9,600 local jobs.

All PECO customers have Energy Choice, which means you can switch to a retail electricity provider and realize savings on your monthly bill.

PECO Total Switching Customers % of Customers % of Electricity Load
Residential 317,600 21.0 22.0
Commercial 62,604 38.0 51.0
Industrial 6,366 83.0 92.0
Total 386,570 23.0 52.0

Percentage based on the total number of customers of regulated electric utilities in Pennsylvania as of March 2025.

Compare the Best PECO Electricity Rates

Best PECO Energy Providers

By default, PECO customers receive both their electricity delivery and supply through the utility. By participating in Energy Choice, PECO customers can choose their electricity provider and realize potential savings over the default rate that PECO charges for the supply of electricity.

There are dozens of electricity providers that PECO customers can choose from, ranging from small, local electric companies to large national providers like Constellation and Direct Energy. Some providers, like Verde Energy, specialize in providing 100% renewable energy plans.

To assist customers in their search for the ideal provider that fits their needs we have compiled a list of the Best Pennsylvania Electricity Providers based on product offering, customer service and satisfaction and business integrity.

Three Convenient Ways to Compare Rates and Secure a Fixed-Rate Plan

Pennsylvania consumers have several avenues available to explore competitive electricity rates and potentially lock in a fixed-rate plan to avoid PECO’s Price to Compare fluctuations:

  1. Explore the PA Power Switch Website: The PA Power Switch website operated by the Pennsylvania Public Utilities Commission offers a comprehensive marketplace with potentially hundreds of competing energy offers. While this provides a wide array of choices, navigating through numerous plans and determining the best supplier for your specific needs can sometimes feel overwhelming.
  2. Simplify Your Search with ElectricityRates.com: ElectricityRates.com offers a secure, fast, and simple process designed to streamline your rate comparison experience. We present you with only the best rates from top-rated and trusted electricity suppliers serving Pennsylvania, saving you time and effort in your search for the ideal plan.
  3. Shop Directly Through Supplier Websites: You also have the option to visit individual energy suppliers’ websites. However, keep in mind that you will only see the plans offered by that specific supplier, requiring you to visit multiple websites to get a broader view of the competitive landscape.

Simple Switch, Big Savings

Compare rates from leading providers and make the switch in only a few minutes.

Understanding Your PECO Electricity Bill

There are typically two types of charges on your PECO electricity bill, delivery charges and supply charges. With Energy Choice, you can take control of your electricity supply charges by switching electricity providers.

Delivery Charges

Delivery charges are the portion of your PECO bill that covers the costs to deliver electricity and natural gas.  These are set by PECO and approved by the Public Utility Commission of Pennsylvania (PA PUC).

Supply Charges

Supply charges are what you pay for the electricity that you use. By default, these charges are set by PECO if you do not participate in Energy Choice, and may fluctuate based on wholesale energy market conditions.

How to Read Your Electricity Bill. Break down of charges found on your bill.

Why Is My PECO Bill So High?

If your bill is suddenly more expensive than you’re used to, you may feel slightly alarmed. However, there are many reasons that this could happen, including:

  • Increased seasonal or on-peak hourly rates
  • Increased energy usage in the household or business
  • Third-party charges

If you have any concerns about your PECO bill, contact the company for more information.

How To Save With PECO’s Customer Assistance Programs

  • PECO Energy Assessments: Find out if your home is wasting energy with in-home or virtual assessments.
  • Free Energy Checkup PLUS+: This is a free energy audit opportunity for PECO customers with electric heat. Customers may be eligible for various free upgrades.
  • PECO Marketplace: Get rebates on ENERGY STAR appliances ranging from $10 to $350.
  • PECO Rebates & Discounts: Get discounts on LED lighting, smart thermostats and more.
  • PECO CAP program: Get income-based assistance by applying for a Percentage of Income Payment Plan (CAP-PIPP).
  • Cash or Crisis Grant: The federal Low-Income Home Energy Assistance Program (LIHEAP) provides heating assistance to qualifying households. Cash grants are paid to the energy provider (such as PECO), as well as directly to households experiencing a heating emergency.
  • PECO Net Metering: Customers who use alternative energy sources of up to 3,000 kW can qualify for net metering, which is the process of transferring surplus energy back to the grid to offset costs.
  • PECO CARES Program: Customer Assistance and Referral Evaluation Services (CARES) is a needs-based referral and information service for low-income customers facing temporary hardship.

Take a quick look at PECO’s savings opportunities to see how you can lower your electricity bill.

PECO Energy Scams

Many scams revolve around scammers pretending to be a utility company to extort money from customers. Because PECO is such a large company, its customers are a common target for such scammers. However, you can protect yourself from these kinds of scams by making yourself aware of common red flags, such as:

  • Calls from the company outside of business hours
  • Scammers redirecting you to a website other than PECO’s official website
  • Requests for your credit card number or payment through a cash app
  • Pressure to act quickly or within a certain timeframe
  • Poor English language skills
  • Any feeling that the situation is suspicious or “off.”

If you suspect that a call or email is a scammer posing as PECO, end the communication and contact a PECO customer service line directly — not through a source given to you by the suspected scammer. If you’ve already given the suspected scammer your information, freeze the associated accounts and contact your banking provider as well as PECO.

PECO Contact Information

Here is all of the information you need to get in touch with PECO, pay your PECO bill online and report an outage or other electricity emergency.

For more information about comparing rates, check out our guide to Pennsylvania electricity rates!

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Get alerted when rates drop and other money-saving energy updates delivered straight to your inbox.