Posts Tagged Energy Pa

Energy Plus vs Pepco

Thursday, April 21st, 2011 | Permalink

 

The confusion of energy deregulation in Pennsylvania and Maryland is not uncommon. You have been using the same monopoly electric company for several decades and so now what?

Well you still will get your electricity service from the same pole and wires company as always which might be BG&E, Pepco, Comed and others.

When you choose to go with an alternate Pennsylvania or Maryland electricity company that is not your utility pole and wire company nothing changes regarding delivery of service and how outages are handled.

You still call your utility company you have always used when outages occur and they are the responsible party for getting service restored.

Energy Plus sells retail electricity service sells electric rate plans that compete against Pepco electric company and ComEd in both MD and PA.

We mention Energy Plus because they have a very large direct mail campaign and you have likely seen advertisements offering competitive electric rates as compared to ComEd and perhaps Pepco.

When comparing these prices between Energy Plus vs Pepco I recommend calling both companies. Ask specific questions I outlined below to assist in making an accurate comparison so you can make a clear confident decision.

  • Ask them if their electric rate is a variable rate that changes after the first month.
  • Ask to see if the rate is only competitive the first month and what happens on the subsequent 2nd month of service to the price.
  • Check for historical information on what their variable price has done the last several months in Pennsylvania and Maryland.
  • Decide if their rate plan is a teaser price that is competitive only for the 1st month.

Energy Plus vs PepcoNow call up Pepco or ComEd or whomever you currently have electric service and ask the following questions.

  • Ask them if their electric rate is fixed or variable.
  • Ask if their variable rate goes up on the 2nd month or if it has ever gone down in price after the 1st month of service.
  • Check if their variable rate is a teaser price that is substantially lower to hook you in.
  • See if their variable electricity rate follows a fuel commodity market or goes up and down related to other factors.

 

Once you have asked these questions you will likely have a better idea of which electric company has the better rate plan. You can make a clearer more consumer informed decision when asking point blank questions to make that Energy Plus vs Pepco comparison.

If you would like a more thorough comparison of PA or MD electricity rates that include multiple electricity suppliers please fill in your name and email in the box at the top right.

Penelec

Tuesday, March 29th, 2011 | Permalink

 

Penelec is an electricity company in Pennsylvania and offers the primary service of delivering electricity to homes and businesses over the poles and wires they own in their service territory.

If you move into a new home or business facility in the Penelec service territory and choose not to compare electric rates you will by default be on their electric rate they offer called the “rate to compare”

The rate to compare is often higher in price than competitive offers available by competing electricity companies in their service territory but not always. Because you can usually get a cheaper electricity rate when comparing their price with other energy companies it is worth choosing an alternate electric supplier in PA.

The advertised electricity rates in PA should bundle in all fees and charges including GRT (Gross Receipts Tax), transmission and generation charges.

When visiting the First Energy Penelec website they do not offer any clear chart that shows their electricity rate plans as they primarily advertise their electric distribution business.

The retail electricity side of their business is called First Energy Solutions and is a separate division of the company. Penelec cannot show any price discounts or favoritism to their retail side called First Energy or face government penalty.

The only rate plan you will find on their site is the “rate to compare” as listed on a pdf file. The file lists the retail electricity providers electric rate for residential customers, business, and a few other rate classes.

There are not many rate plan choices available through Penelec but just single solitary rates based on the rate class your in.

Popular Penelec Electric Service Territory

Penelec operates in these popular service territories: McKean PA, Huntingdon PA, Tyrone PA, Clearfield PA, Carrolltown PA, Philipsburg PA, Franklin PA, Martinsburg PA, Ebensburg PA, State College PA, Bellefonte PA, Altoona PA, Lewistown PA, Northern Cambria Pennsylvania, Mansfeld PA, Troy, Towanda, Alba, and Canton.

In summary because your limited in regards to rate plans and choice when staying on the default electric rate they offer it is worth shopping around and comparing other offers.

Some of the larger cities in the Penelec service territory area are Clearfield, Reynoldsville, Curwensville, Philipsburg, Bellefonte, Park Forest, Altoona, Patton, and Portage.

If you still have questions after comparing electric rates from energy suppliers competing in this utility area please sign up to learn more using the box at the top right.

Electricity Suppliers in Pennsylvania offer different rate plans

Tuesday, November 30th, 2010 | Permalink

 

When shopping for electricity suppliers in Pennsylvania pay attention to the rate plans. Each electricity supplier will offer something a little different.

You will find similarities among the suppliers for certain rate plans like the 12 month fixed electricity plan. The 12 month plan seems to be the standard although you can sometimes get some good deals by looking at other plans available in the market.

By going through a reverse auction if your a business you can get these Pennsylvania electricity suppliers to put in bids for various electricity plans in order to win your business.

Other electricity providers put in their bids using your historical or estimated electricity usage and the rates go down in price as they compete to win.

An energy consulting company facilitates the prices down as the rates come in from multiple electricity suppliers in PA.

A good suppliers comparison and proposal will show back to back fixed rate offers and the same for variable rates.

The critical component to looking at an electricity rate proposal is to verify there is no customer shaping going on.

Where the proposal is merely a marketing tactic to get you to sign up with a preferred provider you are dealing with shaping.

Although you may see a list of variable prices in an apples to apples chart keep in mind that the first and cheapest provider in the list may hike that rate up after the first month.

The provider at the top of the list of rate plans could be there on purpose simply to convince you to sign up with them even though other provider rate plans may be much better over the long term.

To avoid the potential for falling for a plan that is purposefully deceptive we recommend speaking to an energy consulting company that can advise you on why one plan is better over a another plan with a different price.

Unfortunately the price of a plan does not always tell you the whole picture. If you would like an easy do it yourself step please be sure to review the terms of service and facts label of each plan and look for the potential of a price increase in the short term.

A provider will differentiate themselves from the competition by having a cheap price on at least one specific plan compared to the rest.

Just because that one plan is the cheapest for that particular term compared to everyone else still go ahead and review the terms of service to make sure all fees and charges are included in that price.

List of Pennsylvania Electricity Utilities

The companies listed below provide transmission and generation services but not all offer electricity service to sale. Now that Pennsylvania has deregulated their electricity market you may pick from alternate electric suppliers in your area that may have cheaper rates compared to the old monopoly electric utility companies in PA.

Within each electric utility area will be a list of retail electricity suppliers that can offer you a quote on your electricity account. Some only sell residential electricity while others focus on commercial and industrial electricity usage accounts in Pennsylvania.

  • Allegheny Power
  • Citizens Electric Company
  • Duquesne Light Company
  • Met-Ed (formerly GPU Energy)
  • PECO Energy
  • Penelec (formerly GPU Energy)
  • Penn Power
  • Pike County Light and Power
  • PPL Electric Utilities
  • UGI
  • Wellsboro Electric Company
Electricity Suppliers