Low Cost Electricity Now Available for PA PECO Electric Customers
PECO customers can now switch to a low-cost electric provider for free at LowerElectricBillToday.com. By switching to a low cost provider consumers can lower their monthly electric bill by up to 20%.
Online, November 11, 2010 (Newswire.com) - Lower Electric Bill Today, an online provider of electricity statistics, news, and rates, is pleased to announce that PECO utility customers in Pennsylvania can lower their electric bills by transferring service to a low-cost electric provider. PECO is the largest electric and natural gas utility company in Pennsylvania, serving more than 1.6 million electric customers in southeastern PA.
The addition of low-cost electric providers to the PECO service territory gives PA residents and business-owners the opportunity to purchase cheaper electricity from a company offering a competitive, monthly variable electric rate, as opposed to a one-year fixed rate.
"PECO customers who switch to a more affordable provider via Lower Electric Bill Today typically reduce their electric bill by up to 20 percent per month," said Christina Cleri, president of Lower Electric Bill Today. "These low-cost electric providers offer some of the lowest electric rates and best customer service of any Pennsylvania electric supplier. We encourage current PECO customers to visit us at LowerElectricBillToday.com, where they can view these lower electric rates and then switch their service for free."
Pennsylvania consumers did not always have the option to purchase low-cost electricity. Prior to 1996, consumers were given just one option regarding their electric provider: their local utility company. Such monopoly over a service territory often resulted in unnecessary rate hikes. When the state government passed legislation in 1996 known as electricity deregulation, however, consumers were given the opportunity to select the retail electric supplier of their choice.
"The purpose of electricity deregulation was to increase competition in the electric industry and lower electric rates statewide," Cleri said. "Fortunately for consumers, the program succeeded. It's become increasingly popular in recent years due to the rising electric rates of Pennsylvania's public utility companies. Thanks to electricity deregulation, PECO customers can choose to receive low-cost electricity from a dependable, state-approved supplier. Even after consumers switch their service, PECO will continue to respond to any power outages or maintenance issues, and you'll still receive just one electric bill per month - only this bill will reflect the lower electric rates of your new provider."
For more information regarding low-cost electricity, Pennsylvania electricity deregulation, and how to switch from PECO to a more affordable PA electric provider, visit http://www.lowerelectricbilltoday.com/pennsylvania/peco-pennsylvania.html or email info@lowerelectricbilltoday.com.