PECO says 16% of customers have switched

The Philadelphia Inquirer reported more than 260,000 customers have switched electricity suppliers, according to PECO. As reported by Inquirer Staff Writer Andrew Maykuth:

■Competition has taken off more quickly than anticipated, with 36 suppliers offering residential service, many at rates 10% or more lower than PECO.

■Nearly half the power delivered by PECO is now supplied by alternative suppliers.

■PECO’s default rate – adjusted quarterly – will increase on 4/1 from 9.92 cents per kilowatt-hour to 9.99 cents.

The case for switching is even more compelling if you use central air conditioning – beginning June, PECO residential customers will pay 11.2 cents per kilowatt hour for monthly usage exceeding 500 kilowatt hours. Customers who switch to an alternate supplier will not pay this surcharge.

Why are you waiting.  I would be honored to have you switch with me but please switch to somebody other than PECO!



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