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Find the Best Electricity and Natural Gas Rates in Philadelphia

As a Pennsylvania resident, you have the benefit of a competitive energy market. In fact, Pennsylvania is one of the only states to allow its citizens to choose both electric and natural gas providers. But, how do you pick the right provider and the best plan? Have confidence in your energy choices by relying on our energy professionals’ years of experience.

Price To Compare makes it easy for people to compare electricity rates in Philadelphia, Pennsylvania and make the smartest choice for their homes. Own a business, too? You can get a free quote on commercial energy rates to lower your business’s electricity or natural gas bill.

Philadelphia, PA Electricity Prices

Pennsylvania electricity rates are subject to market fluctuations, consumer demand, wholesale energy prices and even seasonal changes. With deregulation, Pennsylvania electricity suppliers must compete for consumers, driving down the average cost of electricity while promoting more customer-centric service plans.

Philadelphia energy suppliers use all kinds of strategies to secure your business. Sorting through these complex plans, varying rates, contract lengths, energy sources, introductory rates, bill credits, minimum usage levels, cancellation fees, and more, can be overwhelming.

With our easy-to-use energy marketplace, you can quickly shop electricity plans in Philadelphia, PA and switch electricity providers in less than 5 minutes! Search your Philadelphia zip codes here.

Average price of residential electricity in Philadelphia:

15.20¢ / kWh

Pro Tip: Have your current electric or natural gas bill handy to compare suppliers and rates.

(Updated May, 2022 with the most recent data available)

Compare Green Energy

Compare Top Green Energy Plans in Philadelphia

Save on “green” while you go green! Local clean energy production is made cheaper every day due to increasing consumer demand, more innovative technology, and greater production of renewable energy. We’re here to help you find the best green energy prices on the market. Making great energy choices is a breeze!

Let’s look at Philadelphia’s green energy initiatives. The City of Philadelphia is committed to reducing its environmental impact, and part of that commitment includes investing in renewable energy sources and encouraging the use of green energy among residents and businesses.

One way Philadelphia is encouraging the use of green energy is by offering a variety of incentives for businesses and residents to make the switch. For example, residents can receive a $500 rebate for installing solar panels on their homes. Price To Compare can connect you to highly competitive renewable energy plans for Philadelphia.

Find a Better Rate

Lower Your Philadelphia, PA Business’s Electricity and Natural Gas Rates

Need a better commercial energy rate for your Philadelphia, PA business? Price To Compare can help. With 40,000 businesses serviced nationwide, we can leverage our networks and negotiate a price that cuts your energy bill by as much as half the average commercial energy rate. You can plan with certainty that you have the best available fixed-rate plan on the market.

Researching energy companies, rates, and plans can be time-consuming and frustrating. Let our dedicated energy professionals handle the heavy lifting of sorting through the complex energy market so you can focus on your business.

Save on the bottom line of your business’s energy bill and get closer to your other business goals. Stop overpaying for electric or natural gas, and find savings with us today!

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Suppliers

Certified Retail Electric Suppliers (CRES)

Around 16 Retail Electric Suppliers service Pennsylvania. Also called energy providers, they’re responsible for either generating or purchasing electricity before selling it to you. Here are some of the most popular ones:

  • Direct Energy - Headquartered in Houston, TX, they supply electric power and natural gas to 4 million customers throughout the U.S.
  • Constellation - National supplier of both electric energy and natural gas.
  • Next Era - The world's largest utility company, built and based in America. They supply natural gas, electricity and renewable energy throughout the nation.

The difference between electric companies and utility providers in Philadelphia, PA

In deregulated states, consumers are able to choose their own electric company, but what is the difference between the electric company and your utility company?

Your energy provider and utility company are actually two different things. Pennsylvania utility companies are responsible for managing and distributing the energy produced by suppliers.

For instance, the utility company must ensure the power reaches your home by installing and maintaining electricity and natural gas lines. They’re also in charge of responding to power outages.

There are eleven major utility companies that service Pennsylvania. Which one services your home? (Hint: Your utility company is dictated by Philadelphia, PA zip code, not choice.)

Pro Tip: Always call your utility company rather than your energy provider in a power emergency.

Deregulation

About Energy Deregulation in Philadelphia

The Philadelphia, PA residential electricity market adopted deregulation in 2010, which has helped to create a more competitive market for energy suppliers. This has resulted in lower prices and new options for residents who want to choose their energy supplier. In addition, deregulation has also helped to spur the development of new renewable energy resources in the state, which can help to improve air quality and reduce dependence on fossil fuels.

Philadelphia residents can also benefit from Pennsylvania's deregulated electricity market. By shopping around for a new energy supplier, Philadelphia residents can find lower prices and new options for their electricity service. In addition, deregulation has also helped to improve air quality in the state by encouraging the development of new renewable energy resources. Interested in taking advantage of these price savings? Compare electricity rates in Philadelphia, PA with Price To Compare and start saving today.

Shop Electricity Plans in Philadelphia

5.7 million residents live and work in the Philadelphia area and deserve cheap, reliable electricity. Today, the average price of residential electricity in Pennsylvania is 15.20 cents/kWh. Energy costs change regularly, so let’s walk through the types of energy plans offered in Philadelphia, PA and find the one that’s right for you.

  • Fixed-Rate Electricity Plans in Philadelphia, PA: Fixed electric rates are locked in through a contract, keeping your rate consistent regardless of rate fluctuations. While the wholesale cost of electricity varies, these plans help keep your budget predictable and affordable, giving you the energy security you need.

  • Variable-Rate Electricity Plans in Philadelphia, PA: These rates are determined by the current state of the energy market. You get a cheaper rate when energy is abundant but pay higher rates in times of high demand or low production. These plans offer the flexibility of no contract but are high in risk.

  • Pre-Paid Plans: Using a smart meter, you put money into an account. Then the provider adjusts the account as energy is used. When the balance runs low, you add additional funds to your online account and no contract is required.

Pro Tip: Most often, residents prefer fixed-rate plans. We can help you avoid nasty cancellation fees, rate hikes, minimum usage fees, and peak energy use times—basically being overcharged for turning the lights on. Every day, our energy experts consider all of these factors and more.

  • Green Energy Plans: Don’t let another sunny day go by before you start saving! While you compare electricity rates in Philadelphia, Pennsylvania, you’ve got inspiring energy choices. Wind, solar, biomass, geothermal, or hydroelectric, our powerful network connects you to the energy technology of your choice. Power your home while supporting eco-friendly electricity initiatives and local jobs in just a few clicks. Price To Compare can show you how!

In an effort to encourage the use of green energy and help combat climate change, the city of Philadelphia has passed a number of laws and initiatives aimed at promoting the use of renewable energy sources.

One such initiative is the city's Renewable Energy Portfolio Standard, which requires that a certain percentage of all electricity sold within the city be generated from renewable sources by the year 2030. The city has also created a number of financial incentives for property owners who install solar panels or other renewable energy systems on their buildings.

These programs are helping to make Philadelphia a leader in the use of clean, renewable energy, and are setting an example for other cities to follow.

We’re here to help you find the best prices available for affordable alternative energy solutions. Price To Compare can match you with competitive renewable energy plans so you can power your home, help the environment, and support eco-friendly electric initiatives at the same time.

Pro Tip: Check your current energy bill to see what percentage of your power is currently renewable. Partial or 100% renewable plans can change the way you live in Philadelphia.

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  • Not sure where to begin to compare electric rates in Pennsylvania? Talk to an energy consultant today at:

energyteam@pricetocompare.com