Safe Harbor 18
Residential
- Rate 8.69¢ / kWh
- Contract Length 18 mo.
- Effective Date Aug 2023
- Green Energy 0%
- Plan seen in Pennsylvania
- Terms and Conditions
Electricity Rates, Plans & Statistics
With their main offices in Erie, Pennsylvania, Pennsylvania Electric Company offers electricity services 2 states in the United States including New York and Pennsylvania. A total of 472,012 customers (0.05% industrial properties, 11.40% commercial customers and 88.55% residential accounts) purchase their electricity from the company. Consumers of Pennsylvania Electric Company are charged an average residential electricity price of 18.81 cents per kilowatt hour, which is 20.48% more than the national average of 15.61 cents. Approximately 4,811,117 megawatt hours were sold by the supplier to retail end users in 2022 and 61,972 megawatt hours were sold to other providers through the wholesale market. The electricity sourced by the provider primarily came from megawatt hours that they acquired by way of the wholesale electricity market. They purchased 5,158,692 on the wholesale market. The revenue for Pennsylvania Electric Company in 2022 from electricity sales was $959,735,000, with 80.56% coming from retail sales to end users and 0.52% from wholesale electricity sales.
The nationwide average monthly residential power bill is $133.26, while the Pennsylvania Electric Company average is 0.05% higher at $133.33 per month. Pennsylvania Electric Company ranks 1827th in the US for average monthly bill total. Electricity generation is not part of the Pennsylvania Electric Company business model, as they purchase electricity at wholesale rates to then be resold to their consumers.
Customers of Pennsylvania Electric Company have the ability to take advantage of net metering. The purchase of solar panels and other electricity sources is often prohibitively priced for residents. Net metering allows purchasers of these electricity sources to sell extra kilowatt hours back to the company, making the installation of these alternative sources economically viable.
Pennsylvania Electric Company reported a yearly loss of about 5.43% of the electricity that they produce. Loss of energy due to heat dissipation during electricity transmission and other causes is part of operating in the electricity generation business and electricity providers must report these losses. This percentage of loss gives them a rank of 984th best out of 3510 suppliers reporting energy loss in the nation.
Pennsylvania Electric Company residential electric rates are highest in January and the highest average bill is in October.
Find out which plans are best for your home or business in your area and send a change request in minutes.
Pennsylvania Electric Company offers a total of 22 plans for electricity. Plans are subject to change at any time and these may not be the plans currently offered.
Residential
Residential
Residential
Residential
Residential
Residential
Residential
Residential
Residential
Residential
Residential
Residential
Residential
Residential
Residential
Residential
Residential
Residential
Residential
Residential
Residential
Residential
Residential
Residential
Residential
Pennsylvania Electric Company's energy loss due to business operations.
Total Energy Loss
280,153MWh
984 National Rank
State | Customers | Sales ($) | State Rank Based On Revenue | % of Provider's Residential Sales in State |
---|---|---|---|---|
New York | 3,793 | 7,451,490 | 34 | 0.67% |
Pennsylvania | 468,194 | 825,047,448 | 8 | 99.33% |
County | Population | Providers | Avg. County Rate (¢) | Avg. Electric Bill |
---|---|---|---|---|
Armstrong County | 64,747 | 62 | 17.59 | $148.57/mo |
Bedford County | 47,729 | 62 | 19.54 | $155.51/mo |
Blair County | 121,032 | 58 | 20.73 | $159.34/mo |
Bradford County | 60,233 | 58 | 20.71 | $158.75/mo |
Cambria County | 131,441 | 62 | 20.71 | $159.33/mo |
Centre County | 158,425 | 60 | 18.49 | $151.80/mo |
Chemung County | 81,426 | 44 | 20.92 | $154.12/mo |
Clarion County | 37,571 | 61 | 19.21 | $153.44/mo |
Clearfield County | 77,904 | 57 | 20.84 | $158.86/mo |
Crawford County | 82,670 | 58 | 20.45 | $158.85/mo |
* City coverage generated based on government data. Always verify you can get service from the provider.
There are 34 counties that receive at least some electricity coverage by Pennsylvania Electric Company including New York and Pennsylvania.
Customers of Pennsylvania Electric Company pay, on average, a monthly bundled bill of $133.33.
The Pennsylvania Electric Company phone number is (888) 544-4877.
The CEO of Pennsylvania Electric Company is Steven E. Strah.
Pennsylvania Electric Company's current average BUNDLED electricity rate is 18.81 cents per kilowatt hour (¢/kWh), compared to the average nationwide BUNDLED rate of 15.61 cents.
Pennsylvania Electric Company is owned by First Energy.
Pennsylvania Electric Company provides electricity in 2 states.
Pennsylvania Electric Company has customers in 304 cities in the US.