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Philadelphia electricity rates and switching guide

State spotlight

PECO PTC sits at 11.6 cents per kWh. With 50+ certified suppliers, Philly residents can lock at 9.5 cents per kWh for 18 months. The 5-step switch.

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The 5-step Philadelphia switching path

Visit PaPowerSwitch → enter zip → pick PECO → sort by 18-month locked rate → pick a clean offer → sign electronically.

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PECO serves all of Philadelphia and surrounding counties. The 2026 PECO price-to-compare is 11.6 cents per kWh. With 50+ PUC-certified suppliers competing below it, Philadelphia residents can lock at 9.5 to 10.1 cents per kWh on a clean 18-month contract. Estimated savings vs PTC: 13 to 18 percent on the supply portion. Row-home, apartment, and condo residents can switch without landlord approval as long as the meter is in their name.

PECO Philadelphia territory and PTC

PECO serves Philadelphia plus Bucks, Chester, Delaware, Montgomery, and York counties. The 2026 PTC is 11.6 cents per kWh, below PPL (11.9) and Duquesne (12.4).

The lower PTC reflects PECO's proximity to gas-fired peakers along the southeast PA corridor and lower transmission costs to Philadelphia from interstate pipeline interconnects.

The 5-step switch for Philadelphia residents

Step 1: visit PaPowerSwitch.com and enter your zip. The site detects PECO as your utility. Step 2: sort offers by 18-month locked rate ascending. Step 3: pick a clean offer (no teaser, $0 to $50 cancellation fee).

Step 4: sign electronically. The site or supplier redirects you through enrollment which takes 5 minutes. Step 5: wait for the next PECO meter read. The new rate appears on your next bill within 30 to 45 days.

Renter eligibility for row homes, apartments, condos

Renters with the electric meter in their own name can switch without landlord approval. Confirm meter ownership on your most recent PECO bill before pursuing.

Renters with electricity included in rent (meter in landlord name) cannot switch directly. The landlord controls supplier choice. Some landlords are open to discussing; most are not.

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Common questions

Quick answers from the editorial desk

Can I switch suppliers if I rent a row home in Philadelphia?
Yes if the electric meter is in your name. The supplier contract is between you and the supplier; landlord approval is not required. Confirm meter ownership on your most recent PECO bill.
Can apartment renters switch?
Yes if your apartment has its own electric meter and the meter is in your name. Apartments with master-metered electricity (single meter for the whole building, billed to landlord) cannot switch individual suppliers.
When is the best time to lock a PECO supplier rate?
August through October captures the PJM post-auction window before winter spike risk prices into forward curves. Locks signed in this window typically beat January-February locks by 6 to 14 percent.
What is the cancellation fee on most PECO supplier contracts?
$50 to $200. Reputable suppliers offer $0 to $50 fees. Anything over $100 is typically associated with a teaser contract. Confirm the fee in writing before signing.

Further reading

Pillar guide, cluster siblings, and state pages cited above

Sources

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