Safe Harbor 18
Residential
- Rate 8.29¢ / kWh
- Contract Length 18 mo.
- Effective Date Aug 2023
- Green Energy 0%
- Plan seen in Pennsylvania
- Terms and Conditions
Electricity Rates, Plans & Statistics
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. The company has 1,306,500 electricity customers. There are 101,168 commercial accounts, 372 industrial customers, one transportation customer and 1,204,958 residential customer accounts. On average, PECO Energy Company bills their customers a residential electricity rate of 16.08 cents per kilowatt hour, which is, sadly for their consumers, 2.04% above the average US rate of 15.76 cents. They sold 4,892 megawatt hours through wholesale channels to other electricity suppliers in 2022. The electricity sourced by PECO Energy Company is made up of primarily wholesale purchased megawatt hours, with 15,741,435 procured by the company. Their revenue in 2022 from electricity activities was $3,041,216,000, with $253,000 coming from wholesale electricity sales and $1,978,849,000 from retail sales to end users.
Customers of the supplier pay an average monthly residential electricity bill of $117.28. This is 13.35% lower than the US average bill of $135.34. The electricity grid owned by the provider has an average of 0.78 outages per consumer a year, with outages lasting an average of 82 minutes. The US average for other providers is 1.45 outages per consumer and approximately 171.11 minutes each outage. The supplier is not associated with any power facilities and all of the power that they sell to their customers must be purchased wholesale from other companies.
PECO Energy Company, thankfully, offers net metering choices to their consumers. Installation of solar panels and alternative electricity sources is often prohibitively priced for residents. Net metering allows purchasers of these electricity sources to sell excess wattage back into the grid, making the installation of these alternative sources financially possible.
PECO Energy Company has energy loss of 7.98% of their total production from heat dissipation and other causes. This percentage of loss earns them a ranking of 30th best out of 115 companies who report energy loss in Pennsylvania.
PECO Energy Company residential electric rates are highest in June and the highest average bill is in August.
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PECO Energy Company offers a total of 23 plans for electricity. Plans are subject to change at any time and these may not be the plans currently offered.
Residential
Residential
Residential
Residential
Residential
Residential
Residential
Residential
Residential
Residential
Residential
Residential
Residential
Residential
Residential
Residential
Residential
Residential
Residential
Residential
Residential
Residential
Residential
Residential
Residential
Residential
PECO Energy Company's energy loss due to business operations.
Total Energy Loss
1,256,519MWh
1340 National Rank
Length & Frequency of PECO Energy Company's Power Outages
82 min.
vs. national average of 171.11 min.
0.78 outages/yr
vs. national average of 1.45
State | Customers | Sales ($) | State Rank Based On Revenue | % of Provider's Residential Sales in State |
---|---|---|---|---|
Pennsylvania | 1,306,499 | 2,034,177,046 | 2 | 100% |
County | Population | Providers | Avg. County Rate (¢) | Avg. Electric Bill |
---|---|---|---|---|
Bucks County | 645,054 | 65 | 22.16 | $171.97/mo |
Cecil County | 104,942 | 44 | 25.12 | $220.97/mo |
Chester County | 545,823 | 63 | 22.70 | $173.33/mo |
Delaware County | 575,182 | 60 | 22.89 | $173.82/mo |
Montgomery County | 864,683 | 65 | 22.61 | $172.86/mo |
Philadelphia County | 1,567,258 | 60 | 22.89 | $173.82/mo |
York County | 461,058 | 66 | 20.82 | $166.23/mo |
* City coverage generated based on government data. Always verify you can get service from the provider.
There are 7 counties that receive at least some electricity coverage by PECO Energy Company including Pennsylvania.
You can reach PECO Energy Company by phone via (800) 494-4000.
Customers of PECO Energy Company pay, on average, a monthly bundled bill of $117.28.
PECO Energy Company's CEO is Michael Innocenzo.
The average number of minutes for an outage for PECO Energy Company's consumers is 82 minutes.
PECO Energy Company is a subsidiary of Exelon Corporation.
PECO Energy Company supplies to 176 cities.
The average bundled price of electricity for customers of PECO Energy Company is 16.08 cents per kilowatt hour (¢/kWh).