PECO Energy Rates – What You Need To Know
PECO is one of the largest utilities in Pennsylvania. It was established in 1881 and now has 1.7 million customers. It offers electric and natural gas services to the southeast of Pennsylvania and the surrounding areas. The company is a subsidiary of the Exelon Corporation which has more than 10,000,000 customers across the country.
PECO offers a range of customer services in addition to electricity and natural gas. The customer service representatives at PECO can answer your questions 24 hours per day all day, every day. For emergencies such as gas leaks or power outages, they can be reached at any time. The PECO Smart Ideas program helps consumers save money.
PECO serves a large region, including parts of Bucks, Chester, Delaware, Montgomery, and Philadelphia. It has more than 1,000 miles of transmission lines and more than 15,260 square miles of underground distribution cables and a fleet of more than 2,300 employees.
Despite its size, PECO strives to provide secure and reliable service to all residents in its service area. The Department of Labor and Industry named it Pennsylvania’s most reliable utility. Moreover, the company has been a pioneer in environmental initiatives, working to have a positive impact on the environment. PECO’s LEED certification has helped to reduce the company’s energy costs by over 12 percent on its energy bills.
PECO will offer more credit to customers during high demand times, like summer. This means that customers will receive a lower monthly bill. PECO also offers a Customer Assurance program (CAP) that allows them to offer lower monthly bills to those who have low incomes.
Apart from electricity, PECO also delivers natural gas to the greater Philadelphia region, which includes Bucks, Chester, Delaware and Montgomery counties. Natural gas is utilized by about 506,000 residents in the region, making it one the largest utilities in Pennsylvania.
PECO’s price per kilowatt hour is 6.405 cents for residential customers. Commercial customers pay more due to the spot market electricity prices. However, it’s an excellent idea to look around for competitive rates.
With Pennsylvania’s energy market deregulated it is now more choices for homeowners to pick the right provider. Some prefer to stay with their current utility company. Others prefer to purchase energy from local retail companies. They are able to ensure that they receive the best rate while still keeping service with the original company.
Choosing a supplier allows you to control your monthly utility bills and gives you the chance to select from a variety of different plans. Before you begin looking into a supplier it is essential to know what type of plan you want. You might be able get a plan that uses more renewable energy based on your needs.
PECO is a reliable and trustworthy provider of natural gas and electricity in the Philadelphia area. You are likely to have positive experiences with PECO. But, you can also make changes to enhance your experience with the company.
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