Shopping for Energy Suppliers Can Help Cut Costs
By State Rep. Jack Rader (R-Monroe)
The Pennsylvania Public Utility Commission (PUC) is alerting consumers about the potential for large winter energy cost increases for electric customers who do not shop for competitive electric suppliers.
To avoid the possibility of “sticker shock” from high bills during the coming cold months, the PUC reminds consumers that the start of winter is an important time to compare prices for electric generation and evaluate competitive supplier options.
A half dozen of the state’s major electric distribution companies increased their “price to compare” (PTC) as of Dec. 1. The PTC averages 40 to 60 percent of the customer’s total utility bill. However, this percent varies by utility and by the level of individual customer usage. PPL announced that its PTC went up from 7.585 cents to 7.632 cents per kilowatt hour (less than 1%).
In most areas of Pennsylvania, consumers can choose who supplies their electricity, based on price or other factors, such as renewable energy. To learn more about how to shop for your energy supplier, or to make a change, visit www.PAPowerSwitch.com.
Customers not choosing a supplier continue to receive default service from their local utility, with the cost per kilowatt hour set quarterly or semiannually based on electric generation procurement plans developed by those utilities.
According to the PUC, more than 1.8 million (31%) residential and business customers currently have their electric generation provided by competitive suppliers, representing approximately two-thirds of the state’s regulated power load. In the residential rate class, more than 1.5 million customers (about 24%) are enrolled with competitive suppliers.