In Pennsylvania, you can choose the company that generates your electricity - also known as your electric supplier. This means you have the power to switch to a competing supplier who can offer the lowest price, or provide a specific service you want such as green/renewable energy. There are numerous reasons why switching to an alternate Pennsylvania Electric Company makes sense for the energy consumer. Since the deregulation of the energy market, Pennsylvania residents and businesses have had the opportunity to switch electricity providers for a lower rate and better service. Making the switch allows consumers to save money on their monthly utility bills through lower pricing per kilowatt hour.
Some households and businesses across the state have chosen to switch to an alternate Pennsylvania Electric Company that is using renewable resources to generate energy. Some of these companies are using solar panels, wind farms, landfill gases, and other renewable resources to generate electricity. They avoid the necessity of burning fossil fuels, which are known to harm the planet. These alternate Pennsylvania electricity companies offer eco-friendly solutions for businesses and households that want to “go green.”
A Money-Saving Plan
When compared to the local utility provider, an alternate Pennsylvania Electric Company will offer significantly lower rates when purchasing energy. The local utility company is likely still tied to the old monopoly, where utilities provided to communities across the state were highly regulated. Now, the deregulation process has created a competitive marketplace, where businesses can purchase electricity at wholesale prices, and households across Pennsylvania can buy their electricity at a retail price.
Alternate Pennsylvania Electric companies offer their energy products in numerous ways including a fixed price, variable rates, and index prices. The fixed rate is usually tied to a contract where the terms can last three months, six months or longer. Alternatively, consumers can purchase their electricity at a variable rate, where the price of electricity can fluctuate with market conditions (the rise and fall in the price of fossil fuels) that often happen during times of peak demand (extreme temperatures).
Some Pennsylvania Electric companies even offer index prices, where the electricity is sold at a price using a formula, which is often a hybrid of different fixed rate plans, or fixed rates with variable rates.
Once the energy consumer has switched to a new Pennsylvania Electric Company, they can begin enjoying the savings on their utility bills, every month.
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Households and businesses across the state can switch to alternate Pennsylvania Electric Company using renewable resources to generate electricity
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