The following information comes from the website www.papowerswitch.com setup by the Pennsylvania Public Utilities Commission. Electric utility rate caps are expiring and you may soon see an increase in your electric bill. But, you may be able to save money by switching your electric supplier which is currently PECO. In Philadelphia, beginning January 1, 2011, you can choose the company that generates your electricity – also known as your electric supplier. This means you have the power to switch to a competing supplier who can offer the lowest price, or provide a specific service you want such as green/renewable energy.
WHAT YOU ARE SWITCHING:
You have the power to switch your electric supplier from PECO – the company that generates your electricity. This is just one part of the three parts of your electric service:
- Generation: The production of electricity.
- Transmission: The movement of electricity from where it is generated to the point of distribution.
- Distribution: The delivery of electricity to your home or business.
When you shop for an electric supplier, you are choosing the company that generates your electricity. Generation supply costs make up most of an average electric bill, so savings may be significant. For most electric customers who select a new supplier, transmission costs will also be included in the charges from your new supplier. The electric utility that distributes your electricity, PECO, will remain the same. PECO will still be responsible for responding to power outages and repairs. You do not have to choose a new supplier. If you don’t make a choice PECO will remain your electric supplier for generation as well as distribution services.
QUESTIONS TO ASK SUPPLIERS:
As you shop for electricity, be ready to ask competing suppliers the following questions:
· Is the supplier licensed by the Pennsylvania Public Utility Commission (PUC)?
· What is the price per kilowatt hour (kWh)? Is the price fixed or does it depend on time of day
· Are all taxes included in the supplier’s price?
· What is the length of the agreement? Can your price change in that time? If so, when can it
change and how will you be notified?
· Is there a cancellation fee or any penalty for switching suppliers?
· Does the supplier offer a choice of energy sources, such as renewable energy?
· Will you receive one bill or two?
· Does the supplier offer a budget billing plan?
· Is there a bonus for signing up?
A list of suppliers available in Mt. Airy and their charges came be found at www.papowerswitch.com/shop-for-electricity/. Enter your zip code in the box or click on “PECO Energy” to get the list of suppliers in Mt. Airy.
FREQUENTLY ASKED QUESTIONS The PA Power Switch website has a frequently asked questions section that will answer many of your questions about this switch: http://www.papowerswitch.com/frequently-asked-questions/