The beginning of the new year will bring with it a lift of the rate cap that has been playing a large role in the prices that many Americans pay for their electricity.

In parts of Pennsylvania that are served by the PECO Energy Co. the impending lift has spurred competition like never before.

There are currently at least eleven other electricity providers vying for customers which means competitive rates for customers to choose from.

Let Electric Rates help you compare those rates in order to find the most competitive one.

  • Discounts could reach up to ten percent if you choose a power company competing against PECO.
  • The electricity rate cap will be removed January 1, 2011.
  • The removal of the rate cap is expected to produce even more competition.

Even though competition is growing quicker than expected it is predicted to grow even more when the rate cap is removed.

Saving up to ten percent on your electricity bill can really add up by the end of the year.

It is important to know what electricity rate you are paying now so that you can compare it to the rates of competing companies.

Once you know what your current electricity rate is you can us the Electric Rates online comparison tool to compare it to other company’s rates.

All you need is your local zip code to see what rates are available.

Call Electric Rates at 1-800-971-4020 if you want to learn more about comparing electricity rates.

A consultant can help you choose a different electricity provider and help you make the switch to a provider with a lower electricity rate.

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