Pennsylvania

Power companies who have taken notice to the success of electric choice in Pennsylvania’s largest cities are now targeting the smaller towns by offering competitive rates and instant bill savings. The Metropolitan Edison Company is the fourth largest electric utility in the state of Pennsylvania delivering power to more than 550,000 power users, all of whom are outside of Philadelphia and Pittsburgh. Meted customers have seen a surge in electricity competitive rate offers as power companies continue to enter the area looking for new customers.

The competitive power companies have been successful in their marketing efforts to Meted customers. Over the last year the residential switch percentage, the number of customers who are purchasing their power from a competitive supplier in relation to the total number of Meted residential customers, has surged to 35.9% as reported by the Pennsylvania Public Utility Commission. The Meted switch rate is actually higher than the 32% switch rate of Pennsylvania’s largest electric utility, PECO Energy, where power companies have spent more efforts on gaining customers.

Residential customers in the Meted service area are learning that can save money on their monthly Meted electric bills by shopping for competitive low electric rates. Customers who do not shop for competitive rates pay a default electric rate through Meted. Though the Meted default rate recently went down, competitive rates in the area still remain lower. The majority of power companies offering service to Meted customers offer consolidated billing which means that the customer continue to receive the same familiar electric bill from Meted even after they switch.

A list of some of the more competitive rate offerings for Meted residential customers is below. Rate offers are updated daily.


Share

{ 0 comments }

Energy choice is bringing thousands of consumers lower energy bills in cities across the country who have embraced electricity and natural gas competition. Some areas are seeing larger savings dependent on a number of issues including how the specific state’s energy choice bill was written and how the local utility purchases their power supply for default paying customers, or consumers who are slow to shop for lower competitive electric rates.

Pennsylvania electricity customers in the Duquesne Light area are seeing some of the best electric rate shopping opportunities in the history of energy choice. Duquesne Light delivers power to over 560,000 residential customers in western Pennsylvania in the Pittsburgh area and suburbs. Customers in this area who remain on the Duquesne Light Price to Compare – the default rate structure that non-choice participants pay for power – can enter into an fixed electric rate contract with a competitive supplier that is over 30% lower; simply put, they can save over 30% on their Duquesne Light electric bill.

To date, over 44% of Duquesne Light residential customers have taken the time to search, find, and compare electric rates. These customers are enjoying electric bills that are 30% lower than if they hadn’t taken a few minutes to search for the best Duquesne Light electric rate. All else considered, the switch percentage in western Pennsylvania is healthy and high enough to ensure that Pennsylvania electric choice remains constant in the state. However, this also means that close to 56% of the residential electric bills that Duquesne Light sends out every month are missing out on a huge savings potential.

Here are a list of some of the best Duquesne Light electric rates, updated everyday:


Share

{ 0 comments }

The competitive natural gas market is heating up in southeast Pennsylvania as PECO gas customers are learning that they have choices when it comes to who supplies them with gas to heat their homes this winter. Energy choice awareness picked up tremendously in 2012 in the PECO electric territory as 33% of the residential market bought their power from competitive electricity companies. This year natural gas shopping could have similar participation.

The PECO Gas price to compare, the default rate that PECO customers pay for gas service who do not shop for competitive rates, changes every three months. Currently natural gas prices are low compared to their historic averages. This presents a good buying opportunity for homeowners who want to lock in a low fixed gas rate for a year to protect themselves from potential gas rate increases.

As has been the case with electric choice, many competitive gas suppliers are offering incentives for customers to make the switch including cash back and gift cards. Ultimately price should be the most important thing when shopping for lower PECO gas rates, however getting a free gift never hurts!

Below are some competitive PECO gas rates available now. All rates are update daily and we will add offers as we receive them. Happy gas shopping!


Share

{ 0 comments }

The Met-Ed electricity default rates will increase for all rate classes across the board, including those for small and large businesses, starting December 1st. The new Met-Ed default rate for a business customers will go up to $0.09133/kWh. This will be an increase of 12% for companies who are still using Met-Ed as their default electric supplier. Businesses in the Met-Ed territory who are still on default service can expect to see the increase reflected on their first Met-Ed electric bill received in 2013.

Pennsylvania competitive electricity commercial rates are substantially lower than Met-Ed’s default rate. Commercial customers in Pennsylvania looking to switch to a competitive electricity supplier can expect to save 20-35% based on current market conditions. If a business looking to lower their costs decides to lock in a rate with a competitive electricity supplier they will still only receive one electric bill from Met-Ed.

With January and February expected to be cooler than last year, the demand for energy will go up which is sure to put more upward pressure on commercial electricity rates. Pennsylvania businesses looking to get off the Met-Ed default rate should consider locking in a rate before the holiday season swings into full gear.

Share

{ 0 comments }

Low Natural Gas Prices have kept Commercial Electricity Rates Down in Pennsylvania

November 5, 2012

With natural gas prices at low levels, more and more energy suppliers are using natural gas as the primary source to generate electricity. The increase percentage of natural gas in electricity generation production in Pennsylvania has caused commercial electricity rates and natural gas prices to be highly correlated; A rise in natural gas prices is […]

Share
Read the full article →

Cheapest Pittsburgh Electric Rates

September 14, 2012

Duquesne Light no longer offers the cheapest electric rates in Pittsburgh. The keystone state’s decision to restructure their electricity market and give consumers a choice of who supplies their home with power has pushed prices down. Competition has allowed alternative energy companies to enter the market, offering electric rates that are cheaper than Duquesne Light […]

Share
Read the full article →

Rates to Go Up in PECO Area

August 8, 2012

After having seeing a significant rate drop on electricity prices for the summer, PECO electric customers were surprised to learn that their power generation rates are expected to go back up in October. PECO Energy announced the expected rate increase, which will last through the end of the year, on their website in July. The […]

Share
Read the full article →

PECO Electric Prices Drop

May 22, 2012

Electricity prices for PECO customers are set to drop in July, but not before a slight increase in June. Small power users, those who use less than 500 KWh a month, will not be effected by the June increase. The increase will only effect power users who use more than 500 KWh a month, which […]

Share
Read the full article →

Pittsburgh Power Company

January 4, 2012

Many Pittsburgh consumers are surprised to learn the Duquesne Light is not the only power company in the area. This is because the Pennsylvania electric choice law allows alternative power companies to offer competitive pricing to power users in Pittsburgh and the surrounding area. Consumers who have not participated in Pennsylvania’s competitive electricity market pay […]

Share
Read the full article →

Electricity Savings in MetEd

November 28, 2011

Pennsylvania electricity customers serviced by Metropolitan Edison (Met-Ed) are seeing competitive electric rate offers for the first time. Met-Ed default prices were capped until January 1, 2011 which had previously kept energy companies away. Now that the default price caps have been lifted competitive suppliers are able to offer low electric rates for consumers. Electric […]

Share
Read the full article →