Even though the electricity market was deregulated in Pennsylvania more than a decade ago energy consumers have not experienced the maximum benefits thought to be produced as a result of the more competitive market. Much of this lack of a serious drop in electricity rates comes from issues and scandals caused by companies such as Enron but now years later electricity choice will be reintroduced and revamped. In just over two weeks the newly introduced electric choice will be implemented so you should call Cheapest Electricity and compare energy rates when the time comes.
- Customers who switch electricity companies after doing the right research could save up to $90 a year on energy costs for their home or business.
- A minimum of seventeen new electricity generation companies are ready to enter the energy market in the Philadelphia, Pennsylvania area following the rate cap lift in 17 days.
- Energy consumers can choose to stay with the Philadelphia area’s monopoly utility provider, which is PECO, at a rate of 9.92 cents per kWh.
- Different types of plans will be available to consumers so it is important to weigh all factors when deciding whether or not to switch to a new electricity generating company.
Considerable savings can be gained by switching to a more competitive energy company in the Philadelphia area and there are plenty of electricity generating companies to choose from. Consumers must beware of the differences in different plans though as there can sometimes be hidden costs. In addition some plans consist of variable rates that can change at any time which some consumers do not prefer. Compare both rates and plans and be sure to keep in mind the 9.92 cent rate of PECO to compare to.
Finding a better deal on electricity requires not only comparing different energy companies to find the cheapest electricity but comparing the right things concerning the company as well. Let Cheapest Electricity help you make the comparison.
Call 1-800-971-4020 to see how to compare Philadelphia, Pennsylvania energy providers the right way and you will have a better chance of finding the cheapest electricity available.