PECO Energy Company

PECO Energy Company supplies electricity to 6 counties and is considered an investor owned entity. The provider recently reported a total of 1,208,031 customers, 1,112,477 of which are residential customers, 95,196 are commercial accounts, 3 are transportation customers and 355 of which are industrial accounts. On average, PECO Energy Company charges their customers a residential electricity rate of 12.58 cents per kilowatt hour , which is less than both the Pennsylvania and US average prices of 13.38 and 13.45 cents per kilowatt hour, respectively. In 2020 PECO Energy Company sold 4,142 megawatt hours through wholesale channels to other providers. Of the megawatt hours they sourced, 13,611,537 megawatt hours were acquired on wholesale channels. In 2020, the company earned 59.97% of their revenue from retail electricity sales and 0.00% from sales via wholesale channels.

About PECO Energy Company

The average residential power bill for a customer of PECO Energy Company is $97.28 per month. The provider currently does not generate their own electricity. Instead, they must purchase that electricity at wholesale rates and then resell it at a higher rate to end customers.

PECO Energy Company Net Metering

Customers of PECO Energy Company can participate in net metering solutions, which is a positive for both parties. Net metering makes solar panel installation more economically viable as it gives the ability for people to sell electricity into the grid.

Energy Loss

PECO Energy Company recently reported a yearly loss of around 6.63% of the electricity that they transmit. Loss of energy due to heat dissipation during electricity transmission and other causes is part of being in the electricity production industry and suppliers must report these losses to government agencies who track electricity grid efficiencies. These averages enable us to compare and contrast the grid efficiencies of the various suppliers who operate around the country. PECO Energy Company has been given a rank of 25th best out of 61 providers who report energy loss in Pennsylvania and 1249th best out of 3510 in the nation.

PECO Energy Company Rate & Electric Bills

PECO Energy Company residential electric rates are highest in January and the highest average bill is in May.

Historical Electric Rates:

Price Per kWHAverage Bill$0.143/kWh$0.086/kWh$135.87/mo.$69.06/mo.
1908th12.58¢PECO Energy Company's Average residential price per kWh
1167th$97.28Average monthly electric bill for PECO Energy Company's residential customers

PECO Energy Company Overview

  • Company Type:Investor Owned
  • Parent Company:Exelon Corporation
  • Headquarters:2301 Market Street
    Philadelphia, Pennsylvania 19103
    United States of America
  • CEO:Michael A. Innocenzo

PECO Energy Company Contact

PECO Energy Company Service

Energy Loss

PECO Energy Company's energy loss due to business operations.

-6.63%Light BulbIcon representing Light Bulb.

Total Energy Loss

901,875MWh

1249 National Rank

PECO Energy Company Coverage Map

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PECO Energy Company State Coverage

StateArrow UpArrow pointing upwards.CustomersArrow UpArrow pointing upwards.Sales ($)Arrow UpArrow pointing upwards.State Rank Based On RevenueArrow UpArrow pointing upwards.% of Provider's Residential Sales in StateArrow UpArrow pointing upwards.
Pennsylvania1,208,0281,565,978,6874100%

PECO Energy Company County Coverage

CountyArrow UpArrow pointing upwards.PopulationArrow UpArrow pointing upwards.ProvidersArrow UpArrow pointing upwards.Avg. County Rate (¢)Arrow UpArrow pointing upwards.Avg. Electric BillArrow UpArrow pointing upwards.
Bucks County628,270511.65$96.44/mo
Chester County524,98939.40$85.82/mo
Delaware County566,74719.39$85.17/mo
Montgomery County830,915412.16$90.05/mo
Philadelphia County1,584,06419.39$85.18/mo
York County449,05859.89$105.58/mo

Cities PECO Energy Company Has Coverage

  • Aldan, PA
  • Ambler, PA
  • Atglen, PA
  • Avondale, PA
  • Bridgeport, PA
  • Bristol, PA
  • Brookhaven, PA
  • Bryn Athyn, PA
  • Chalfont, PA
  • Chester, PA
  • Chester Heights, PA
  • Clifton Heights, PA
  • Coatesville, PA
  • Collegeville, PA
  • Collingdale, PA
  • Colwyn, PA
  • Conshohocken, PA
  • Darby, PA
  • Delta, PA
  • Downingtown, PA
  • Doylestown, PA
  • Dublin, PA
  • East Lansdowne, PA
  • Eddystone, PA
  • Folcroft, PA
  • Glenolden, PA
  • Green Lane, PA
  • Hatboro, PA
  • Hatfield, PA
  • Hulmeville, PA
  • Ivyland, PA
  • Jenkintown, PA
  • Kennett Square, PA
  • Lambertville, NJ
  • Langhorne, PA
  • Langhorne Manor, PA
  • Lansdale, PA
  • Lansdowne, PA
  • Malvern, PA
  • Marcus Hook, PA
  • Media, PA
  • Millbourne, PA
  • Modena, PA
  • Morrisville, PA
  • Morton, PA
  • Narberth, PA
  • New Britain, PA
  • New Hope, PA
  • Newtown, PA
  • Norristown, PA
  • North Wales, PA
  • Norwood, PA
  • Oxford, PA
  • Palmyra, NJ
  • Parkesburg, PA
  • Parkside, PA
  • Penndel, PA
  • Pennsburg, PA
  • Philadelphia, PA
  • Phoenixville, PA
  • Pottstown, PA
  • Prospect Park, PA
  • Red Hill, PA
  • Ridley Park, PA
  • Riverton, NJ
  • Rockledge, PA
  • Rose Valley, PA
  • Royersford, PA
  • Rutledge, PA
  • Schwenksville, PA
  • Sharon Hill, PA
  • South Coatesville, PA
  • Spring City, PA
  • Stockton, NJ
  • Swarthmore, PA
  • Trainer, PA
  • Trappe, PA
  • Tullytown, PA
  • Upland, PA
  • West Chester, PA
  • West Conshohocken, PA
  • West Grove, PA
  • Yardley, PA
  • Yeadon, PA

* City coverage generated based on government data. Always verify you can get service from the provider.

PECO Energy Company Reviews

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PECO Energy Company FAQ:

What company is PECO Energy Company owned by?

PECO Energy Company is a subsidiary of Exelon Corporation.

How much is the average bill for PECO Energy Company customers each month?

The average monthly electric bill for customers of PECO Energy Company is $97.28. The state average bill is $114.19 and the US average is $114.19.

Who is the CEO of PECO Energy Company?

The current CEO of PECO Energy Company is Michael A. Innocenzo.

How many counties does PECO Energy Company provider electricity to?

There are 6 counties that receive at least some electricity coverage by PECO Energy Company.

What is the phone number for PECO Energy Company?

The PECO Energy Company phone number is (800) 494-4000.

What is the average electricity rate for PECO Energy Company customers?

Consumers of PECO Energy Company, on average, have an electricity rate 12.58 cents per kilowatt hour (¢/kWh).

What cities does PECO Energy Company provider electricity in?

PECO Energy Company provides electricity in 84 cities throughout the country.

Last Reviewed By: Nick Reese
Published: 2021-03-16Last Updated: 2021-08-25