{"id":1844,"date":"2021-09-27T06:31:19","date_gmt":"2021-09-27T11:31:19","guid":{"rendered":"http:\/\/www.paenergyratings.com\/blog\/?p=1844"},"modified":"2021-09-25T10:37:06","modified_gmt":"2021-09-25T15:37:06","slug":"best-electricity-plan-renters-peco","status":"publish","type":"post","link":"https:\/\/www.paenergyratings.com\/blog\/best-electricity-plan-renters-peco\/","title":{"rendered":"Best Electricity Plan for Renters in PECO\u00a0"},"content":{"rendered":"<figure id=\"attachment_1849\" aria-describedby=\"caption-attachment-1849\" style=\"width: 300px\" class=\"wp-caption alignright\"><img loading=\"lazy\" class=\"wp-image-1849 size-medium\" src=\"https:\/\/www.paenergyratings.com\/blog\/wp-content\/uploads\/2021\/09\/iStock-1239528377-1-300x200.jpg\" alt=\"Low electricity rates can be hard for student renters to find. Let us help you shop plans that beat PECO's rising rates!\" width=\"300\" height=\"200\" srcset=\"https:\/\/www.paenergyratings.com\/blog\/wp-content\/uploads\/2021\/09\/iStock-1239528377-1-300x200.jpg 300w, https:\/\/www.paenergyratings.com\/blog\/wp-content\/uploads\/2021\/09\/iStock-1239528377-1-230x153.jpg 230w, https:\/\/www.paenergyratings.com\/blog\/wp-content\/uploads\/2021\/09\/iStock-1239528377-1-350x233.jpg 350w, https:\/\/www.paenergyratings.com\/blog\/wp-content\/uploads\/2021\/09\/iStock-1239528377-1-480x320.jpg 480w, https:\/\/www.paenergyratings.com\/blog\/wp-content\/uploads\/2021\/09\/iStock-1239528377-1.jpg 724w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><figcaption id=\"caption-attachment-1849\" class=\"wp-caption-text\"><center><em>If you&#8217;re a struggling student renter attending a Philadelphia university this year, grab a low electricity rate that beats PECO and see how much you can save!<\/em><\/center><\/figcaption><\/figure>\n<h2>Best Electricity Option for Philadelphia College Students<\/h2>\n<p>College is in session and many students are back to in-person learning. To prevent a cold shudder from occurring when you see a <a href=\"https:\/\/www.paenergyratings.com\/resources\/high-pennsylvania-energy-bill\">high electricity bill<\/a>, make sure your plan offers the best rates. Fortunately, there are many different electricity plans available in the <a href=\"https:\/\/www.paenergyratings.com\/companies\/peco\"><strong>PECO<\/strong><\/a> area. So, if you currently attend a Philadelphia university and rent in the area, check out the following plans. You can find the <a href=\"https:\/\/www.paenergyratings.com\/best-electricity-plans\">best electricity plan<\/a> for renters in <strong>PECO<\/strong> and see how you can save money on your electric bill.<\/p>\n<h3>Cheap Electricity Rate Plan<\/h3>\n<p>For student renters, usually their \u00a0bottom line for electricity\u00a0is getting the cheapest price. Therefore, consider the <strong><a href=\"https:\/\/www.paenergyratings.com\/plans\/nrg-energy\/details\/electric-choice-plan-3-month\">NRG Electric Choice Plan 3 Month<\/a><\/strong> option. The introductory rate of 6.10 cents per kWh lasts for three months. At the end of the three-month term, the rate automatically becomes a variable one under the contract. On the bright side, there is no monthly recurring charge or early termination fee with the plan. Therefore, if you find a better plan that lasts a longer period of time, you can switch fee-free.<\/p>\n<p>To compare, the\u00a0<strong>PECO<\/strong> price to compare (PTC) rate of 6.60 cents per kWh. So even though the term is shorter, you get a rate that&#8217;s better than the PTC.\u00a0\u00a0Plus, if you keep this plan for the full three months, you can see what other options are available. However, keep in mind, you may be ending the term in the middle of the high rate months, not the lower rate <a href=\"https:\/\/www.paenergyratings.com\/blog\/shoulder-months-start-shop-cheap-electric-rates\/\" target=\"_blank\" rel=\"noopener\">shoulder season<\/a>. Therefore, be sure to plan accordingly.<\/p>\n<h3>Great Electricity Rate with Low Early Termination Fee<\/h3>\n<p>Longer-term plans sometimes have better rates. If you&#8217;ll be at school for less than a year but still want a good rate, explore the\u00a0<strong><a href=\"https:\/\/www.paenergyratings.com\/plans\/tomorrow-energy\/details\/12-month-fixed\">Tomorrow Energy 12 Month Fixed<\/a><\/strong>\u00a0plan. The plan rate is 6.98 cents per kWh and you can lock it in for 12 months. Plus, there\u2019s no monthly recurring charge. There is a $75 early termination fee but this is lower than fees charged by quite a few other electricity providers. When it&#8217;s time to leave school for the year, you pay the cancellation fee and the contract ends. As an added bonus, this is a <a href=\"https:\/\/www.paenergyratings.com\/resources\/pennsylvania-green-energy-requirements\">renewable energy plan<\/a>. The company offsets your energy usage with 100% Wind Credits which provides an environmentally friendly energy option.<\/p>\n<p>This rate is a little higher than the current <strong>PECO<\/strong> PTC rate. However, keep in mind the PTC rate changes every three months. And since the <a href=\"https:\/\/www.eia.gov\/outlooks\/steo\/\">U.S. residential average price of electricity<\/a>\u00a0is projected to rise from 13.63 cents per kWh in 2021 to 13.88 cents per kWh in 2022, you may want to lock in a low rate now.<\/p>\n<h3>Find Your Best Electricity For Renters Plan Today<\/h3>\n<p>Don\u2019t get left out in the cold with a high electricity bill! Sign up for a <a href=\"https:\/\/www.paenergyratings.com\/electricity-rates\">low-cost plan<\/a>\u00a0for the college year and lock in a cheap electricity rate.<\/p>\n<p>Visit <a href=\"https:\/\/www.paenergyratings.com\">https:\/\/www.paenergyratings.com<\/a> to explore your electricity plan options with ease. You can check out the rates, learn about the\u00a0<a href=\"https:\/\/www.paenergyratings.com\/companies\">electric companies<\/a>, and lock in a low rate today!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Best Electricity Option for Philadelphia College Students College is in session and [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mbp_gutenberg_autopost":false},"categories":[2,3,4,5,63,9,11,12,65,66,39],"tags":[],"_links":{"self":[{"href":"https:\/\/www.paenergyratings.com\/blog\/wp-json\/wp\/v2\/posts\/1844"}],"collection":[{"href":"https:\/\/www.paenergyratings.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.paenergyratings.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.paenergyratings.com\/blog\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/www.paenergyratings.com\/blog\/wp-json\/wp\/v2\/comments?post=1844"}],"version-history":[{"count":5,"href":"https:\/\/www.paenergyratings.com\/blog\/wp-json\/wp\/v2\/posts\/1844\/revisions"}],"predecessor-version":[{"id":1851,"href":"https:\/\/www.paenergyratings.com\/blog\/wp-json\/wp\/v2\/posts\/1844\/revisions\/1851"}],"wp:attachment":[{"href":"https:\/\/www.paenergyratings.com\/blog\/wp-json\/wp\/v2\/media?parent=1844"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.paenergyratings.com\/blog\/wp-json\/wp\/v2\/categories?post=1844"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.paenergyratings.com\/blog\/wp-json\/wp\/v2\/tags?post=1844"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}