PECO Energy Company

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About PECO Energy Company

PECO Energy Company is an investor owned company supplying electricity in 7 different counties throughout Pennsylvania including Philadelphia County, Montgomery County, Bucks County, Delaware County, and Chester County. PECO Energy Company averages 13.44 cents per kilowatt hour billed to their consumers for residential electricity, which is 3.00% below the average state rate of 13.86 cents. A total of 12,672,004 megawatt hours were sold to retail accounts in 2020 by the provider and 4,142 megawatt hours sold via the wholesale market. The electricity sourced by PECO Energy Company is made up primarily of megawatt hours they procured by way of wholesale channels. Of the electricity sourced whole purchased made up 100.00%. Their revenue in 2020 from electricity activities was $2,491,218,000, with $96,000 coming from wholesale electricity sales and $1,494,034,000 from retail sales to end users.

Customers of the supplier pay an average monthly residential electricity bill of $102.47. This is 18.64% lower than the US average bill of $125.95. The company currently does not produce their own electricity. Instead, they must purchase that electricity at wholesale prices from other providers and then resell it at a higher rate to end consumers.

PECO Energy Company Net Metering

PECO Energy Company, thankfully, offers net metering choices to their consumers. Installation of solar panels and alternative electricity sources is often prohibitively priced for residents. Net metering allows purchasers of these electricity sources to sell excess wattage back into the grid, making the installation of these alternative sources financially possible.

Energy Loss

PECO Energy Company has energy loss of 6.63% of their total production from heat dissipation and other causes. This percentage of loss earns them a ranking of 25th best out of 116 companies who report energy loss in Pennsylvania.

PECO Energy Company Rate & Electric Bills

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

Historical Electricity Rates:

Price Per kWhAverage Bill$0.147/kWh$0.086/kWh$135.87/mo.$69.06/mo.
2076th13.44¢PECO Energy Company's Average residential price per kWh
1137th$102.47Average monthly electricity bill for PECO Energy Company's residential customers

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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 Innocenzo

PECO Energy Company Contact

PECO Energy Company Service

Reduce or replace your electricity bill with solar for as low as $0 down and $79/mo

Energy Loss

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

-6.63%

Total Energy Loss

901,875MWh

1247 National Rank

PECO Energy Company Coverage Map

Coverage Map Placeholder

PECO Energy Company State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
Pennsylvania1,255,4271,771,127,2512100%
1 states with service

PECO Energy Company County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Bucks County646,5386716.29$136.67/mo
Cecil County103,7254417.98$169.61/mo
Chester County534,4136516.58$136.49/mo
Delaware County576,8306216.69$136.60/mo
Montgomery County856,5536716.56$136.64/mo
Philadelphia County1,603,7976216.69$136.60/mo
York County456,4386815.83$138.61/mo
7 counties with coverage

Cities PECO Energy Company Has Coverage

* 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 cities does PECO Energy Company provider electricity to?

PECO Energy Company has customers in 176 cities.

What is the phone number for PECO Energy Company?

PECO Energy Company's customer service phone number is (800) 494-4000

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

Customers of PECO Energy Company, on average, have an electricity bundled rate 13.44 cents per kilowatt hour (¢/kWh).

What is the average bundled bill for PECO Energy Company customers each month?

Consumers of PECO Energy Company pay, on average, a monthly bundled bill of $102.47.

How many counties does PECO Energy Company sell electricity to?

PECO Energy Company offers service to customers in 7 counties in the country including Pennsylvania.

What company is PECO Energy Company owned by?

PECO Energy Company is owned by Exelon Corporation.

Who is the CEO of PECO Energy Company?

Michael Innocenzo is the CEO of PECO Energy Company.

Last Reviewed By: Nick Reese
Published: 2022-10-18