Pennsylvania Energy Deregulation

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By ysdata

Energy Deregulation

Just like shopping for a new car, clothes, and food Pennsylvania residents can now shop for the best prices on electricity.  As part of the state move to deregulate the utility industry, Pennsylvania among other states are introducing several electricity providers.  This means, electric companies will be scrambling to get your business, or keep it.

States Deregulating

States That Have Deregulated Energy
Texas
Pennsylvania
Connecticut
New Yokr
California
New Jersey
Maryland
Illinois

PA Energy Deregulation

Many customers don't know this yet, but you have a choice over your electric provider. These new electric companies are popping up and promising to save you money. Deregulation will eliminate price caps because of the new competition. If you are a PECO customer you can expect a 5% increased unless you switch. There are currently fifteen new electric suppliers that are now servicing PECO's 1.6 million customers at a discount.

If you switch your electric provider you will still get a PECO bill, you will still call PECO for repairs and service -- however your electricity will come from the electric company you switch too.

The Pennsylvania Public Utility Commission: "shopping around is the best move for all electric users"

Before you make the switch here are some things you should do first.

Before You Make The Power Switch

  • Review your current Bill - Take note of your kilowatt hour charge.  This is where your future savings will come from.
  • Gathering information of the electric companies that can provide you with service.  Compare their prices.  Remember, look for the amount being charge for kilowatt hours.
  • Read over the entire agreement before you switch

Note: When you switch your power suppliers it could take up to 6 weeks


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