What Is PECO Energy And How Does The Market Work?

 PECO Energy is the utility responsible for delivering electricity (and in many cases natural gas)  to homes and businesses across Philadelphia, Bucks, Chester and Delaware counties in Pennsylvania.


However and this is crucial, the generation and supply of your electricity can often be chosen by you, through licensed competitive suppliers, thanks to Pennsylvania’s deregulated energy market.

Here’s the breakdown:

  • PECO delivers the power, maintains the wires and infrastructure, handles outages and your billing (if you stay on default).
  • You can instead choose a third-party supplier to provide the generation portion of your electricity. PECO still handles distribution.
  • The benchmark: PECO publishes a “Price to Compare”. This is the default generation supply rate you’ll pay if you don’t choose a different plan. 

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