PECO commercial and industrial customers in Philadelphia, Pennsylvania, and surrounding areas will pay about 10% more for electricity starting September 1, if they continue to buy their electric supply from the utility.

That's because PECO's Price to Compare, or its electric supply rate, is due to increase on September 1 for business customers with demands under 500 kW.

In PECO and other areas of Pennsylvania, customers have the ability to shop for their electric supplier, instead of buying from the local utility.  If customers shop, they "bypass", or avoid, the Price to Compare, and instead pay an electric rate negotiated with their chosen electric supplier.

Specifically, for General Service (GS) customers using less than 100 kW, the PECO Price to Compare will increase about 9% to 9.29¢/kWh, from the current 8.54¢/kWh. For General Service (GS) rate class customers with demands between 100 kW and 500 kW, the PECO Price to Compare will increase about 9% on September 1 to 8.90¢/kWh, from the current 8.13¢/kWh.

For Primary - Distribution Power (PD) rate class customers using less than 100 kW, the Price to Compare will increase about 10% to 8.59¢/kWh effective September 1, versus the current 7.83¢/kWh. For PD rate class customers with demands between 100 kW and 500 kW, the Price to Compare will increase about 10% to 8.20¢/kWh effective September 1, versus the current 7.45¢/kWh.

For customers using less than 100 kW in the High - Tension Power (HT) rate class, the Price to Compare will rise about 9% to be 8.25¢/kWh effective September 1, versus the current 7.55¢/kWh. For customers in the HT rate class with demands between 100 kW and 500 kW, the PECO Price to Compare will increase about 10% to 7.88¢/kWh effective September 1, versus the current 7.15¢/kWh.