The Philadelphia Electric Company (PECO) provides natural gas and electricity to over 1.6 million Pennsylvania residents. The main area of service is located in southeastern Pennsylvania and includes parts of Philadelphia, Bucks County, Delaware and Montgomery. PECO is an affiliate of Exelon Corporation, a global energy company. In addition to offering a broad variety of competitive rates, PECO assists consumers in finding ways to reduce their energy consumption and save money.
Since the start of deregulation consumers have had the option to select a more competitive supplier for their energy requirements. Many prefer to stick with their current provider however, there are advantages to working with a more reliable supplier.
PECO has a team of customer support representatives that are available to answer your questions all hours of the day. They can also help you resolve outages. If you experience a power failure or have a gas leak, contact PECO immediately. PECO also offers assistance for emergencies, including downed wires , as well as other high-risk situations.
PECO offers plans that are based on the amount of energy you consume each month. These plans allow you to choose how much you want to use and are designed to make use of renewable energy sources. Also, PECO is committed to providing safe and reliable service So you can be sure that your electric bill will not fluctuate.
The cost of your monthly energy bill is broken down into three categories. Delivery charges are the portion of your bill that covers the cost of poles and wires that supply the power. It is regulated by the state’s Public Utility Commission, and is determined by the actual cost of providing electricity. You will see this charge on your bill, along with the Price to Compare rate, which is a rate that is set by PECO to account for the actual energy usage of a household.
The commodity charge is a component of the bill that is based on the contracts for the purchase of electricity by the electric company and is dependent on the spot market prices for electricity. This results in residential customers paying more prices than industrial and commercial customers.
Peco has a history that goes back to 1881. It was founded as the Brush Electric Light Company, which was a company that focused on commercial lighting. Today the company is an affiliate of Exelon the largest energy company in the world.
PECO is an important part of the community and provides the best service to all of its customers. It is a pioneer in sustainable practices that are environmentally friendly and is committed to protecting the environment in a healthy way. The PECO Smart Ideas program is open to anyone who wishes to make their energy choices more sustainable.
A third-party provider will also allow you to have greater control over your energy rates. Not only can you choose a plan that is suitable for your requirements, but you’ll also be able to lock in the rate for six months or a full year.