Shop PA Electricity to Save Money
While using PECO’s PTC rate can be convenient, it’s not always the best electric company deal. And with spring around the corner, electricity rates are dropping. In short, it’s the perfect time to shop for a better electricity rate! We’ll walk you through some of the best plans available right now for PECO customers.
PA Electricity Plan Options
First, we need to explain some plan options! While variable rate plans in the spring and fall usually go down, those rates can fluctuate each month and cost you more in the summer and winter. The best way to save on your PA electricity plans is to shop fixed rate plans. Fixed rate electricity plans have a price per kWh that does not change for the length of the contract. The plans we’ll look at are 12 month fixed-rate electricity plans that lock in a low rate for 12 months.
Get the Cheapest Electric Plan
The PECO PTC rate of 9.43 ends on May 31, 2024. So assuming an average monthly electricity usage is 854 kWh, that means the PTC cost is about $80.53 per month. We can beat that!
First up is our lowest rate available, from Tomorrow Energy. Their 12 Month Fixed plan is an astonishingly low 6.99 cents per kWh. So that’s a monthly energy supply cost of about $60, saving you $20 a month. That’s over $240 savings a year! There’s also no monthly charges to worry about but the plan has a $75 early cancellation fee to be aware of. And as a bonus, they use entirely renewable wind energy!
PA Electric Plan with no Early Cancellation Fees
Next we have our #2 rated electricity provider, Frontier Utilities. Their PA Frontier Secure Power 12 plan is their latest new customer offering, at a 12 month fixed rate of only 7.09 cents per kWh. So that’s a monthly energy supply cost of about $61. With the 9.95 monthly charge, you’re still saving about $10 per month on your PECO electricity supplier charges. That’s $120 a year! And with no early termination fees, you can leave the plan if you need to.
Best PA Electricity Plan with No Monthly Charges
Finally we have a highly rated provider offering fantastic service with no monthly fees. The Santanna Energy Services Fixed-Rate Electricity 12 plan comes in at a rate of only 8.22 cents per kWh. So that’s a monthly energy supply cost of about $70. That’s $10 a month in savings, or around $120 in a year! And with no monthly charges, all of those savings are yours to pocket. There is a $120 early termination fee, but with their highly rated customer service you’re sure to have a good customer experience.
Save on the PECO PTC Rate with PA Energy Ratings
With so many great plans to choose from, it can seem daunting. But don’t worry! We’re here to make shopping for an electricity plan easy. Read reviews, compare providers, and more all at https://www.paenergyratings.com