Pennsylvania Electric: Info to Help New State Residents Choose the Best Electric Company

by jsgs45 on April 19, 2010

Pennsylvania was one of the first states to embrace consumer choice when it comes to electric companies. And this has been a good thing for state residents.

However, knowing which electric company to go with can be a bit confusing. There are so many types of plans, eg, prepaid electric service plans, no-deposit plans, low-income assistance plans, etc. It can be daunting to know where to start comparing.

Following is one way to ensure that you’re comparing apples to apples – at least when it comes to rate — when you’re shopping for a Pennsylvania electric company.

Pennsylvania Electric: About “Price to Compare”

What is this? Each Pennsylvania electricity company has a price to compare, which is a fancy way of saying how much they charge per kilowatt hour (kWh). Once you know this, the next step is finding out how many kilowatt-hours you and your family use per month.

The easiest way to do this is to look back at a few of your latest electric bills. This will give you a good idea about how much your bill will be depending on which provider you choose.

For example, if you determine that your family use roughly 1,000 kWhs per month and Pennsylvania Electric Company A charges 9 cents/kWh and Pennsylvania Electric Company B charges 10 cents/kWh, then it’s easy to determine that Company A is cheaper.

Of course, there are many more variables to choosing a Pennsylvania electric supplier than this (eg, stability of the company, contract terms, licensing by the PUC, etc), but this will give you some raw numbers to deal with moving forward.

A Note About Prepaid Electric Service Plans

As the Pennsylvania electricity market has become more competitive, prepaid plans have made a big splash on the scene. Energy experts note that these types of plans routinely cost double or triple what regular electric plans cost.

So even if you have to save up to pay a deposit, you are still likely save more in the long run than signing on with a prepaid electric service provider.

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