Archive for January, 2011

Confused about Energy Providers and PECO’s Utility Increase 1/1/11?

January 6, 2011

 

 

On January 1, 2011 caps will be removed from the utility rates that were put in place in 1998 by Pennsylvania state law. As a result, PECO’s electric supply rate will jump from $0.068/kwh to $0.09924/kwh – a supply rate increase of 30%+.

You can default to this higher rate, or choose a lower rate. Even PECO is encouraging you to choose a lower rate. Take PECO’s advice: Lower your rate!      “With deregulation, people should be shopping for their electricity. If not, PECO becomes the default provider.” – PECO president and CEO Denis O’Brien

As a Service to Clients, Friends and Family;

Go to this site from the PA Utility Commission with a list of new approved energy providers.

 http://www.papowerswitch.com/shop-for-electricity/shop-for-your-home/by-distributor/peco-energy/rs/

As you see Stream Energy currently is the lowest rate at .0743 kWh variable

Starting January PECO rates go up to .09924 kWh;  Some companies on the list have cancellation fees and/or deposit fees.

Stream Energy has no fees.   http://www.streamenergy.net/wp/                      

Contact me back with your PECO Acct # as I can change your Electric Provider.  Remember PECO still sends you the bills and remains the company performing repairs on lines, etc.  

 Happy New Year!

 Mark Barone
Keller Williams Real Estate
484-468-1310
 
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