What is Penelec?
Penelec Energy is an energy utility company owned by FirstEnergy. It was formed in 1997 as a merger of Ohio Edison Company and Centerior Energy Corporation. FirstEnergy is based in Akron, OH, and serves 67,000 square miles across five states.
Penelec serves Pennsylvania and is headquartered in Erie, delivering electricity to more than 600,000 customers in cities including Somerset, Erie, Troy, Altoona, and Johnstown across 17,000 square miles. Penelec was born in Philipsburg, PA in 1919, celebrating its centennial in 2019.
|Plan Name||Plan Length||Rate|
|Constellation - 36 Month Home Power Plan||36 months||$0.096 / kWh|
|Public Power - 12 Month Fixed||12 months||$0.107 / kWh|
|Verde Energy - Clean Power 24||24 months||$0.113 / kWh|
|YEP Energy - 24 Month Fixed Rate Plan||24 months||$0.150 / kWh|
Please note: All rates above are accurate as of 5/21/2022, 10:51:58 PM CDT for utility Penelec. Rates may have changed since this date/time. For the most up to date rates in your area, please enter your zip code above.
What is deregulation?
Isn’t it nice to have some level of control when it comes to your utility bill? Historically, people didn’t get the chance to shop around for plans and rates that suited them. Think about how you can do it with other companies, such as your internet provider, phone company, or even airlines.
You got your electricity from the utility for your area. You didn’t have a say in the matter. However, thanks to a little thing called deregulation, it’s not just your home that has the power, but the people.
Many states have changed their policy to deregulation, including Connecticut, Maine, Delaware, and Texas, just to name a few. In 1996, the Pennsylvania government passed the Electricity Generation Customer Choice and Competition Act, which gave Pennsylvania residents the option to choose from multiple electric providers.
Some deregulated states only have choice for electricity or natural gas. Pennsylvania residents have the power to choose for both. SaveOnEnergy.com has resources for both.
- Learn how you can switch to Penelec or other energy plans.
- Get tips on how to buy an energy plan.
- Find out how to save money on your electricity bill.
- Most electric providers run a credit check before providing service. A good credit score may mean that you don’t have to provide a deposit upon starting your service.
Find out about prepaid electric plans.
What is Penelec’s price to compare?
While deregulation has its benefits, it does make the market for energy providers quite competitive in terms of services and electricity rates. The price to compare is the price a utility such as Penelec charges electricity customers in its service area who do not contract with an independent supplier. Penelec PA’s price to compare rate as of September 1, 2020, is 5.598 cents per kWh for residential.
That rate could change at any time. It means you could end up paying more if you do not choose a supplier and default to the utility. SaveOnEnergy.com can help you find the most affordable rates in your area. See if you can beat Penelec rates by entering your ZIP code above.
What is the difference between a utility and a supplier
Deregulated energy markets give you the ability to choose your energy supplier. They do not change your utility.
Suppliers generate or buy electricity and sell it to customers. They offer various electricity rates and plans so you can choose what’s best for your home or business.
Utilities in Pennsylvania also can be suppliers. But they also deliver electricity to homes and businesses. They maintain transmission lines and other equipment to perform that function. When you have an outage or spot damage to power lines or poles, call the utility rather than your supplier.
Otherwise, if you have issues with your account, want to change your plan, or understand your usage, you would contact your energy provider.
Which suppliers are available in Penelec’s service area
To find the electric suppliers near you, enter your ZIP code on this page. You’ll be shown providers in your area, such as Constellation Energy, Public Power, Clearview Energy, Verde Energy, and Yep Energy. You can sort by plan length and rate, or click on the link to get more details about a particular supplier.
Outages should be reported to Penelec. If you purchase your energy plan from Penelec and want to ask questions, find out your usage, etc., contact the company using the information below.