Find the Cheapest Natural Gas Rates for Philadelphia PA 19123

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Local Natural Gas, and Electricity information for 19123

Electricity and local information about 19123

19123 is a zipcode residing in Philadelphia, Pennsylvania covering an area of 1.26 square miles. With a population of 13416 people, 19123 is the 320th most populous zipcode in all of Pennsylvania.

Area codes include 215/267.

4 Cities Nearest to Philadelphia

Smaller Zipcodes in Philadelphia

ZipcodeSquare Miles
182421.26
189321.26
157111.25
161601.25
182231.25

Popular Plans in Philadelphia

What customers are saying in Philadelphia

Overall Rating
SFE is a amazing program.
My experience was absolutely wonderful. I dont understand why the bad reviews because my bill actually decreased the last 2 years. Philadelphia office is very good. They explained everything to me correctly and my bill was 250$ & they decreased it to 80$ This been my bill for the last 2 years. The door to door reps well dressed, very professional and they are the only supplier for peco & pgw that lock you in at the state lowest for 3 years. All other providers Ive tried they locked me in 2 months low than I start being over charged and double billed. They also lock you in at 180$ for the next 3 years if the average bill is over 150$. They are amazing! Everything you read on the internet is not always correct. If they was a scam the police would not allow they to work the Philly streets. Choose SFE ENERGY IF YOU WANT A LOW BILL.
  • Katlin Colorusso
  • Philadelphia, PA
  • September 5th, 2022

News Posts Around Philadelphia

Cheap Natural Gas May Lower Prices, Shop Now!

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Cheap Electricity Rates for Spring?

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Falling natural gas prices are pushing down electric rates. Find out why you need to shop now for cheap PA electricity plans and how you can save more!

Natural gas prices are finally coming down after a rough year. With spring coming with cheap natural gas prices, electricity rates are bound to fall. But how will this affect your electricity bill? And should you shop for a new rate?

Cheap Natural Gas Effect Electricity Rates

The number one fuel used to generate electricity in Pennsylvania is natural gas. As a result, as the price of natural gas changes so does the cost of electricity. And as more coal fired plants close or convert to natural gas, the more impact that natural gas prices will have on PA electricity prices. And customers will see those changes in the electricity market.

Natural Gas Prices Have Been Volatile

Over the last year, natural gas prices skyrocketed, reaching a high of $9.00 per mmBTU in September. There are many reasons the prices jumped. Winter weather in Texas froze many pipelines in February 2021, lowering production and squeezing the supply. In addition, Russia’s invasion of Ukraine led to import and export bans that made the market unstable. To top it off, we were projected to have a cold winter, leading to higher natural gas prices.

Thankfully, this winter has been mild. Natural gas usage fell and reserves increased. As a result, natural gas prices are finally lowering. The most recent wholesale prices have been staying quite below $2.75 per mmBTU, a rate not seen since September, 2020.

Shop Now for a Cheap Electricity Rate

PTC rates have dropped already this March in response to cheaper natural gas. But you can save even more money shopping for a new electricity plan. Electricity demand tends to be lowest in the spring because temperatures are mild. There's neither a high demand for heating nor cooling. So, as electricity demand bottoms out in April, so will rates.

However, this rate lull won't last. Demand will start going back up in the summer when people begin using more electricity to cool their homes. And prices will go back up with it. If you want to save money, keep an eye on electricity rates and purchase a plan this spring! 

Shop with PA Energy Ratings

If you want to take advantage of lower electricity rates, this spring is the time to do it. If you want to get started finding low rates, there's only one place to go. Find the best electricity plan for you and read provider reviews all in one place. Shop today at https://www.paenergyratings.com