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How to Compare Electricity Rates in Philadelphia, PA

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

Key Takeaways

  • Average electricity rates in Philly are around 20¢/kWh, higher than the state average, but with Energy Choice you can compare plans and switch to a provider who offers a lower rate.
  • PECO remains your utility provider, handling electricity delivery and billing. But you can switch your electricity supplier for lower supply rates without service interruptions.
  • Over 2.1 million Pennsylvanians have switched electricity providers, accessing competitive fixed-rate, variable-rate, and green energy plans tailored to Philadelphia’s diverse lifestyles.

Table of Contents

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

Electricity rates in Philadelphia are shaped by the Energy Choice program, which offers residents and businesses the power to select their electricity supplier. This deregulation, enacted in 1997, means that while PECO remains the local utility responsible for delivering electricity and maintaining the grid, consumers are no longer confined to their default service for the supply portion of their bill.

This competitive market can lead to a variety of electricity rates and plans, making it crucial for consumers to actively compare options to find the best fit for their needs and budget. Platforms like ElectricityRates.com play a vital role to bring you everything you need to know about electricity rates in Philadelphia. Including simplifying the comparison of different providers and plans, empowering Philadelphians to navigate their energy choices and potentially achieve significant savings on their monthly electricity bills.

Best Philadelphia Electricity Rates for PECO

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 the default electricity supply rate offered by your local utility company. It serves as a benchmark for consumers in deregulated markets, allowing them to compare their current utility rate against offers from alternative electricity suppliers. If an alternative supplier’s rate is lower than the PTC, switching could lead to savings on the supply portion of your electricity bill.

Price to Compare Effective Date Range Price to Compare (rate per kWh)
June 1st, 2025 - November 30th, 2025 10.40¢
March 1st, 2025 - May 31st, 2025 9.24¢
January 1st, 2025 - February 28th, 2025 9.29¢
December 1st, 2024 - February 28th, 2025 9.27¢
September 1st, 2024 - November 30th, 2024 9.24¢
June 1st, 2024 - August 31st, 2024 9.28¢
January 12th, 2024 - June 4th, 2024 8.98¢
September 6th, 2023 - January 11th, 2024 9.67¢
June 1st, 2023 - September 5th, 2023 10.12¢
December 26th, 2022 - May 31st, 2023 9.85¢
December 19th, 2022 - December 25th, 2022 7.54¢
December 5th, 2022 - December 18th, 2022 9.85¢
October 3rd, 2022 - December 4th, 2022 8.50¢
May 9th, 2022 - October 2nd, 2022 7.54¢
May 2nd, 2022 - May 8th, 2022 8.36¢
March 7th, 2022 - May 1st, 2022 7.06¢
December 6th, 2021 - March 6th, 2022 7.02¢
September 6th, 2021 - December 5th, 2021 6.60¢
June 7th, 2021 - September 5th, 2021 6.40¢
March 1st, 2021 - June 6th, 2021 6.27¢
December 7th, 2020 - February 28th, 2021 6.43¢
September 7th, 2020 - December 6th, 2020 6.37¢
June 1st, 2020 - September 6th, 2020 6.40¢
April 6th, 2020 - May 31st, 2020 6.60¢
March 2nd, 2020 - April 5th, 2020 6.59¢

Best Electricity Provider in Philadelphia

There’s no one-size-fits-all electricity provider, and that’s a good thing. The best provider for your home depends on what matters most to you: low rates, long-term stability, green energy, or top-notch customer support.

Some providers specialize in fixed-rate plans that protect you from market spikes. Others focus on 100% renewable options for eco-conscious households. And some go the extra mile with things like plan perks or helpful account tools.

Not sure where to start? ElectricityRates.com makes it easy by ranking providers based on pricing, customer reviews, plan variety, and overall service. Take a look at our best electricity providers in Pennsylvania to find a great match for your Philadelphia home.

How to Choose the Best Electricity Plan

Picking the right plan doesn’t have to feel like a chore — ElectricityRates.com makes it a breeze! Here’s what to keep in mind while browsing electricity rates in Philadelphia:

  • Supply Rate: This is the biggie – how much you pay per kWh. Look for rates below PECO’s current price to compare. Fixed rates keep things steady for 6 months to a few years, while variable rates can shift.
  • Plan Length: Love predictability? Lock in a low rate for a year or more. Need flexibility? Shorter plans work too—just check for cancellation fees.
  • Renewable Energy: Want to power your home with wind or solar? We’ve got green plans that match your usage with renewable grid energy—super cool, right?
  • Reputation: No guesswork here – our Provider Score system ensures every option is trustworthy and top-rated.

Hey Philly, Switching is Easy.

  1. Enter your ZIP Code to compare rates in your area.
  2. Compare providers and plans based on your specific needs.
  3. Switch electricity providers and start saving.

In Philadelphia, PECO is the local utility company distributing electricity to the area.

For all rates in your area, find the Rate Comparison Tool at the top of the page and enter your ZIP Code.

You can also learn more about PECO here.

What is a Retail Electricity Provider?

Let’s break it down: PECO delivers your electricity in Philly, but you can choose who supplies it. That’s where retail electricity providers come in—they’re the ones setting the rates you pay for the energy itself. Thanks to Pennsylvania’s Energy Choice, you’re not stuck with PECO’s default supply rate.

On your bill, you’ll see “delivery” charges (that’s PECO’s job) and “supply” charges (that’s your provider). The Pennsylvania Public Utilities Commission sets delivery rates, so those stay put—but the supply rate? That’s where you can save big. Over 2.1 million Pennsylvanians have switched since 1997, and we’re here to help you join them.

How 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.

Philadelphia Business Electricity Rates

You may be missing out on big electricity savings by not taking advantage of Philadelphia’s Energy Choice. Since businesses often use much more electricity than households, they can qualify for extremely low electricity rates.

To see how much you could be saving, complete the quote request form on our business electricity rates page . With the help of an ElectricityRates.com savings advisor, you can get a plan designed for your business. That can include customized rates, energy bill optimization and more!

Electricity Rates in Philadelphia Neighborhoods

Find your neighborhood below and click to compare electricity rates in your area.

Electricity Rates by Philadelphia ZIP Code

Electricity Rates Popular in PA Cities

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