Peco Electricity Electricity Rates and Plans

Peco Electricity is an electric utility company that primarily serves southeastern Pennsylvania, including the city of Philadelphia. The company is a subsidiary of Exelon Corporation and serves over 1.6 million customers in the region. Peco Electricity generates power through a mix of sources, including natural gas, nuclear, and renewable energy. The company operates a network of transmission and distribution lines that deliver electricity to homes and businesses throughout its service area. In addition to providing reliable power, Peco Electricity offers energy efficiency programs and incentives to help customers save on their energy bills and reduce their carbon footprint. The company has a strong commitment to sustainability and has set ambitious goals for reducing greenhouse gas emissions and increasing the use of renewable energy sources in its power generation mix.

Phone

1-800-494-4000

Website

peco.com

Peco Electricity Energy Sources

Peco Electricity's energy comes from nuclear, natural gas, biomass, and other fossil. Nuclear is the largest source of electricity, providing 61% of Peco Electricity's energy. Natural Gas is the second largest source, making up 38%. Biomass provides 1% of Peco Electricity's electricity. Other Fossil provides 1% of Peco Electricity's electricity.

60%

Nuclear

38%

Natural Gas

1%

Biomass

1%

Other Fossil

Peco Electricity Rates

The average electricity rate for Peco Electricity customers is 12.6 cents/kWh. Peco Electricity has several different electricity rates for residential customers, as shown in the table below.

Rate NameRate TypeCost Per kWh
RESIDENTIAL HEATING SERVICEFixed9¢ to 11¢
Residential Service Fixed11¢
Residential Service (R)Fixed10¢
Residential Service (R) - TOUTOU16¢ to 42¢
Residential Heating Service (RH)Fixed18¢ to 20¢
Residential Heating Service (RH)Fixed8¢ to 10¢

Peco Electricity Electricity Plans

The price to compare for Peco Electricity is 9.24¢. Rates are based on an estimated usage of 1,150 kWh per month.Update usage.

ProviderPlanRate Per kWhPlan Length
Constellation Energy

6 Month Home Power Plan

cheapestcheapest <12 months
8.49¢6 monthsChoose Plan
Direct Energy

Live Brighter 8

cheapest
8.49¢8 monthsChoose Plan
Verde Energy

Clean Power 12

cheapest renewablecheapest 12 months
8.89¢12 monthsChoose Plan
Direct Energy

Live Brighter 12

9.29¢12 monthsChoose Plan
Energy Harbor

Safe Harbor 9

9.69¢9 monthsChoose Plan

Peco Electricity Reliability

In 2021, the average Peco Electricity customer lost electricity one time for a duration of 184 minutes. In total, the average Peco Electricity customer had their electricity out for about 186 minutes during the whole year.

Netmetering

Credited to customer's next bill at full retail rate; reconciled annually at "price-to-compare"

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