A Guide to PECO Energy Rates

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.

Percentage based on the total number of customers of regulated electric utilities in Pennsylvania as of January 2024.

How To Compare PECO Electricity Rates

ElectricityRates.com seeks to make electricity shopping as easy as possible. All you have to do is follow this simple three-step process.

1. Enter your ZIP Code – To get a list of providers and plans available for PECO customers
2. Compare electricity providers and plans – Pay attention to each plan’s electricity supply rate and plan length.
3. Switch electricity providers – After finding the right plan for you, select it and fill out the necessary information.

Your new provider will take care of the rest and will take over within one to two billing cycles. PECO will still deliver your electricity and send your monthly bill, so the only change you’ll notice is your new provider and electricity rate.

PECO Energy Choice

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 over 100 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.

The Pennsylvania Public Utility Commission (PA PUC) operates PA Power Switch, the official electricity shopping site for Pennsylvania. There, you’ll find a large number of offers from electricity companies with varying levels of credibility and customer service.

As an alternative to PA Power Switch, ElectricityRates.com makes your choice simple. We eliminate the guesswork and only bring you great rates from leading providers who are licensed by the PA PUC and registered with PECO.

PECO Service Areas

PECO delivers electricity and natural gas to Philadelphia and the surrounding areas in southeastern Pennsylvania.

Cities Served:

• Philadelphia
• Haverford
• Lower Merion Township
• Upper Darby

Counties Served:

• Bucks
• Chester
• Delaware
• Montgomery
• Philadelphia
• York

Make sure that your country is served before signing up for a plan with PECO.

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.

PECO Price To Compare

The Price to Compare is the rate per kilowatt-hour for the default electricity supply from PECO. As you can infer from the name, the Price to Compare is what you use when comparing electricity providers and plans. You can find it on your PECO electricity bill.

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.

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.

• PECO Customer Service Number: 1-800-494-4000
• PECO Report An Outage/Emergency Number: 1-800-841-4141
• Official Website
• PECO Outage Map
• PECO Bill Pay

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