Unlike most states, Pennsylvania has deregulated its energy market and residents have the power to choose their own electricity provider. The state’s competitive energy market means that savvy shoppers can save a lot on their bills by shopping around and finding the best offers. There are over 100 different retail electricity providers in the state, which offer a variety of plans and rates to suit your needs.
The utility company is still responsible for delivering the electricity to homes and maintaining the power lines, but it’s now up to you to find a competitive supplier to provide your energy generation. By switching to an alternative energy provider, you can lower your bill and get more perks and benefits with your plan.
If you’re ready to start saving money on your energy rates, the first step is to visit PA Power Switch — the official online electricity shopping website for the Pennsylvania Public Utility Commission. The website is easy to navigate and provides helpful instructions on how to use it. To start, enter your zip code and you’ll see a list of available offers in your area. From there, you can compare each offer’s price per kilowatt-hour and terms to find the right one for you.
Before Pennsylvania’s energy market was deregulated, local utility companies like Duquesne Light, PECO and Met-Ed had control over local electric rates for residential customers. But as soon as legislation changed in 2009, it opened the door for other retailers to enter the market and offer residents low electricity rates. Now, there are more than 100 different retail electricity suppliers in the state that compete with each other by offering cheap prices for consumers.
Your pp&l electric rates pa energy choice electricity bill is split into two parts: the cost of generating the power and the costs associated with transporting it through high-voltage transmission power lines to your house. The utility company sets the Price to Compare (PTC) rate by conducting auctions twice a year to source the lowest priced generation supply. These PTC rates are then passed on to consumers, along with any profits the utility company makes from distributing the power to customers.
Once you’ve determined the PTC rate for your home, you can begin shopping for energy options through PA Power Switch. You can search for a fixed or variable rate, as well as choose an energy provider that offers green/renewable or sustainable energy. Most suppliers will require you to upload a copy of your most recent electric bill so they can verify your household usage and make sure you’re eligible for their program.
Once you’ve found a plan that meets your needs, simply select it, follow the instructions to complete the enrollment process and start saving on your pp&l electric rates. You can also opt for a free service from Arbor, which automatically finds the best offers and switches you to the cheapest plan when your term expires. This way, you’ll never overpay for electricity again!