Price to Compare Could Continue to Rise
Fall is in the air! But summer Price to Compare (PTC) rates are lingering for just a bit longer. Prices skyrocketed this summer, and relief might be far off. However, you don’t have to wait for lower PTC rates to save money on electricity. Even though PTC rates are locked in, electricity suppliers adjust their prices to reflect the current market. This makes fall is the perfect time to shop for an electricity plan, since prices tend to drop during the milder months. We’re going to give you all the information you need to shop the cheapest electric rates.
Compare PA Summer Utility Rates
There’s plenty of options open for you, no matter what utility services your area. Now, you might be wondering why we’ve recommended some of these plans, since they are higher than the current PTC rate. However, these rates will expire on December 1, 2025 and the EIA predicts that natural gas useage this year will be at an all time high, likely raising prices. So, combine that with the most recent PJM auction results, and we can safely say that electricity prices will probably rise next year.
But shopping for a fixed-rate plan now means you’ll lock in the current low rates, and rising PTC rates won’t affect your bills. However, these rates won’t stay this low forever!
These Summer Plans Beat the Price to Compare
For each utility, we’ve selected the three lowest price electric supplier plans in each utility service area. And as you can see, you have a ton of ways to save money!
|
Utility Rate ¢ per kWh |
Plan 1 Rate ¢ per kWh | Plan 2 Rate ¢ per kWh | Plan 3 Rate ¢ per kWh |
|
PECO
10.4¢ |
Clearview Energy
Clear Guarantee 6 Plus 8.2¢ |
Public Power
Electric 12 Month Fixed Rate w/ MRC
9.0¢ |
Clearview Energy
Clear Guarantee 9 Plus 9.3¢ |
|
PPL
12.491¢ |
Verde Energy
Clean Power 6 11.8¢ |
Major Energy
Secure Choice 6 11.8¢ |
Major Energy
Secure Choice 12 12¢ |
|
MetEd
11.903¢ |
Public Power
Electric 12 Month Fixed Rate w/ MRC
11.3¢ |
Xoom Energy
SureLock 6 11.6¢ |
Major Energy
Secure Choice 12 11.9¢ |
|
Penelec
11.003¢ |
APG&E True Simple 6 11.7¢ |
APG&E
True Simple 8 11.5¢ |
Direct Energy
Live Brighter 12 11.8¢ |
|
Penn Power
11.857¢ |
Public Power
Electric 12 Month Fixed Rate w/ MRC
11.4¢ |
Xoom Energy
SureLock 6 12.6¢ |
Major Energy
Secure Choice 12 12.5¢ |
|
West Penn
Power 10.317¢ |
Public Power
Electric 12 Month Fixed Rate w/ MRC
9.6¢ |
Xoom Energy
SureLock 6 10.6¢ |
Energy Harbor
Safe Harbor Value 9 10.8¢ |
|
DLC
12.193¢ |
Frontier Utilities
PA Frontier Secure Power 12
12.0¢ |
Public Power
Electric 12 Month Fixed Rate w/ MRC
11.4¢ |
Clearview Energy Clear Guarantee 9 Plus
10.2¢ |
Beat the Price to Compare this Summer
Obviously, supplier rate beat the PTC rates! So, let’s highlight some of our standouts by starting with the provider with the lowest price per kWh. Our plans from Public Power all beat the PTC rates for the areas they service. As can be seen, all of them have a $14.95 monthly charge and a $50 early termination fee. But they also come with a 12 month contract, locking in that low electricity rate for a full year.
Similarly, Verde Energy is a great standout! That’s so true because it’s the perfect choice if you want a green energy plan in PPL. And in addition, it has no monthly charges or early termination fees!
Finally, there’s Frontier Utilities. This gold rated provider not only beats the PTC rate, but does it without any early termination fees! Just be aware of the $9.95 monthly charge.
Shop and Save with PA Energy Ratings
These are just a few of the plans available that can bring you better savings over the long haul. Plus, you get more value than just an electricity plan. Remember that there are other options for longer or shorter terms that you can shop right now. Don’t wait and miss out on the savings. Visit https://www.paenergyratings.com