Safe Harbor 18
Residential
- Rate 9.39¢ / kWh
- Contract Length 18 mo.
- Effective Date Aug 2023
- Green Energy 0%
- Plan seen in Pennsylvania
- Terms and Conditions
Electricity Rates, Plans & Statistics
Penn Power serves electricity to 6 counties in the state such as the counties of Allegheny County, Butler County, Beaver County, Mercer County, and Lawrence County. The company is an investor owned entity. Recently filed reports by the company showed a customer base of 136,121 accounts, 79 of which are industrial customers, 11,917 are commercial customers and 124,125 are residential properties. On average, Penn Power's residential electricity rate is 16.91 cents per kilowatt hour. While this is less than the Pennsylvania average price of 16.92 cents per kilowatt hour, it is higher than the United States average of 15.54 cents. They participated in both the retail sales and wholesale sales in 2022, with sales to end users adding up to 1,797,606 megawatt hours and wholesale sales totaling 17,439 megawatt hours. During the same timeframe, Penn Power purchased 1,831,358 megawatt hours via the wholesale electricity market. The total revenue for Penn Power for 2022 from electricity sales was $307,226,900, with 0.35% coming from sales to the wholesale market and 86.59% from retail sales to end users.
The nationwide average monthly residential electricity bill is $135.38, while the Penn Power average is 9.19% higher at $147.82 per month. Penn Power ranks 2194th in the US for average monthly bill total. The provider currently does not generate their own electricity. Instead, they must purchase that electricity at wholesale prices from other suppliers and then resell it to end users.
Offering net metering to consumers is a win-win situation for Penn Power and individuals who get their electricity from the company. The purchase of solar panels and alternative electricity sources is often prohibitively priced for private individuals. Net metering allows purchasers of these electricity sources to sell extra wattage back to their electricity supplier, making the installation of these alternative sources more financially friendly.
Penn Power reported an annual loss of about 0.79% of the electricity that they produce. Loss of energy due to heat dissipation during electricity transmission and other causes is a reality of operating in the electricity generation industry and providers are required to report these losses. This percentage of electricity lost earns them a rank of 13th best out of 115 providers reporting energy loss in the state.
Penn Power residential electric rates are highest in January and the highest average bill is in September.
Find out which plans are best for your home or business in your area and send a change request in minutes.
Penn Power offers a total of 9 plans for electricity. Plans are subject to change at any time and these may not be the plans currently offered.
Residential
Residential
Residential
Residential
Residential
Residential
Residential
Residential
Residential
Residential
Residential
Residential
Penn Power's energy loss due to business operations.
Total Energy Loss
14,438MWh
83 National Rank
State | Customers | Sales ($) | State Rank Based On Revenue | % of Provider's Residential Sales in State |
---|---|---|---|---|
Pennsylvania | 136,417 | 241,050,468 | 9 | 100% |
County | Population | Providers | Avg. County Rate (¢) | Avg. Electric Bill |
---|---|---|---|---|
Allegheny County | 1,233,253 | 64 | 21.07 | $161.01/mo |
Beaver County | 165,677 | 60 | 21.46 | $163.40/mo |
Butler County | 197,300 | 59 | 17.72 | $149.15/mo |
Crawford County | 82,670 | 57 | 20.54 | $159.04/mo |
Lawrence County | 84,849 | 52 | 18.83 | $156.79/mo |
Mercer County | 109,220 | 50 | 18.83 | $156.80/mo |
* City coverage generated based on government data. Always verify you can get service from the provider.
Penn Power's CEO is John W. Somerhalder II.
Customers of Penn Power pay, on average, a monthly bundled bill of $147.82.
Penn Power is owned by First Energy.
Penn Power supplies to 62 cities in the nation including Pennsylvania.
You can reach Penn Power by phone via (800) 720-3600.
The average bundled price of electricity for consumers of Penn Power is 16.91 cents per kilowatt hour (¢/kWh).
There are 6 counties that receive at least some electricity coverage by Penn Power.