Customer Education

PECO Completes Second of Four Electricity Purchases to Serve Customers Beginning January 1, 2011
In the second of four purchases for the electricity to serve customers beginning in January 2011, moderate wholesale market conditions resulted in lower electricity prices compared to the company’s last purchases in June 2009.  The September 2009 purchases resulted in a retail energy price of 9.16 cents per kilowatt hour (kWh) for PECO’s residential customers. 
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As part of our ongoing commitment to keep customers informed, I would like to welcome you to www.peco.com/know, a site dedicated to keeping you “in the know” about the transition from capped electric rates to electric rates based on market prices. 

Because energy prices have gone up during the more than 10 years electricity prices have been capped in Pennsylvania, PECO’s rates, beginning in January 2011, will reflect those rising prices. We want to help you manage these rising costs.

We know change can be difficult, but to help ease the transition, we have created this Web site to provide tools and tips to help you use energy more efficiently and better manage your electric costs. Conservation is key.  And this site contains great information to help you conserve.

Our goal is to keep you in the know, so please explore this site and check back for exciting new ideas, programs and services as we near the final transition to market-based rates on Jan. 1, 2011.

Denis P. O’Brien
PECO President and CEO