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If you're a Penelec customer in Pennsylvania, you have the power to choose your electricity supplier and save on your energy bills. Thanks to Pennsylvania's deregulated electricity market, you’re not limited to Penelec’s default rates—you can shop around for a plan that fits your budget and energy needs.
In Pennsylvania, electricity generation and supply are separated from transmission and distribution. This means while Penelec ensures your power reaches your home safely and reliably, you can choose who generates that electricity. You’ll still receive electricity through Penelec’s infrastructure, but your chosen supplier sets the rate you pay for the actual energy you use.
Penelec, a subsidiary of FirstEnergy Corp., delivers electricity to nearly 600,000 customers in Pennsylvania. While they maintain the power lines and ensure reliable service, Penelec also provides a standard offer for customers who don’t choose an alternative supplier. This is known as the Price to Compare (PTC). It’s a benchmark rate that allows you to evaluate offers from other electric generation suppliers (EGSs). If you can find a rate lower than Penelec’s PTC, you could save on your monthly bill.
Shopping for electricity allows you to potentially lower your energy costs. Electric Generation Suppliers (EGSs) in Pennsylvania compete to offer plans with different rates, contract lengths, renewable energy options, and special incentives. By comparing offers, you may discover a better deal than sticking with Penelec’s default PTC rate.
Here’s what to consider when shopping for electricity plans:
The Pennsylvania Public Utility Commission (PUC) makes it easy to shop for electricity by providing a list of licensed suppliers and their current offers. You can visit the PUC’s official website to compare plans side by side and choose the one that best fits your energy consumption and budget.
Switching from Penelec’s PTC to an alternative supplier could save you money, but it’s important to compare offers carefully. EGS rates change based on market conditions, so there’s no guarantee of savings. But, typically when the price to compare increases, rates in from third party providers are more competitive.
This is especially true for businesses that use a lot of electricity. Providers are able to create pricing structures that can offer substantial savings. For our customers that is generally around 20% less than what’s available from Penelec.
However, by actively shopping and locking in a lower rate, you may reduce your electricity costs and avoid future rate hikes.
Start comparing Penelec electricity rates today and take control of your energy bill. With the power to choose, you can select the supplier and plan that works best for you. Visit the Pennsylvania Public Utility Commission website to explore your options and find a plan that fits your needs.
Take advantage of Pennsylvania’s deregulated electricity market and start saving on your Penelec electricity bill now!
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