Philadelphia energy rates
Philadelphia is the largest city in Pennsylvania and the birthplace of American democracy. As home to the Liberty Bell and more than 1.5 million residents, Philly is full of history, arts, and culture. Its world-class museums, historic buildings, and iconic landmarks make Philadelphia a great place to live.
If you live or own a business in the City of Brotherly Love, you’re part of Pennsylvania’s deregulated energy market. In short, this means that you’re able to choose your electricity supplier. Why is this important? It lets you shop and compare Philadelphia electricity prices to find the best one for you.
Start browsing Philadelphia electricity rates by entering your ZIP code above.
Philadelphia electricity rates
| Plan Name | Plan Length | Rate* |
|---|---|---|
| Energy Harbor - Safe Harbor 6 | 6 months | $0.070/ kWh |
| Frontier Utilities - PA Frontier Secure Power 6 | 6 months | $0.070/ kWh |
| Dynegy Energy - Dynegy Secure Value 12 | 12 months | $0.083/ kWh |
| Clearview Energy - ClearGreenGuarantee18 | 18 months | $0.084/ kWh |
| Smart Energy - Green 6 Month Fixed Rate | 6 months | $0.086/ kWh |
| Public Power - Electric 24 Month Standard Fixed Rate | 24 months | $0.094/ kWh |
| Pennsylvania Gas & Electric - PA 24 Residential | 24 months | $0.960/ kWh |
Please note: All rates above are accurate as of 4/24/2025, 4:25:23 AM CDT for ZIP Code 19050. Rates may have changed since this date/time. For the most up to date rates in your area, please enter your zip code above.
*All pricing shown in cents per kWh
Understanding Philadelphia energy deregulation
In 1997, Pennsylvania began allowing energy customers to choose their own electricity provider. As a result of that decision, competition ramped up among Philadelphia electric suppliers. In turn, this gave residents and business owners more choice in where they buy their power.
Since then, Philadelphians have been able to search for lower rates and the freedom to choose where they buy their electricity. These days, electricity suppliers work hard to earn their customers’ business.
Shortly after deregulated electricity began, Pennsylvania also decided to deregulate natural gas. This gave residents and business owners the opportunity to take advantage of lower Philadelphia natural gas prices and providers.
If you live in Philadelphia and need tips on shopping for an electricity plan, Choose Energy is here to help. We have created several useful resources to guide you through the process. Take a look:
- Find out if you’re eligible for a no-deposit electricity plan
- Learn about what happens to your electric service if you move
- Discover how to switch to another electricity provider
As you’ll find out in your research, many electric providers need you to complete a credit check before signing up for a new plan. If your credit isn’t great or you can’t afford a deposit, you should look into purchasing a no-deposit electricity plan. Or, you might be able to get a prepaid electric plan, in which case you might not need to pay a deposit.
Philadelphia utility companies & energy providers
The introduction of deregulated energy meant that customers no longer had to buy electricity from their utility. But that doesn’t mean that utility companies have disappeared.
Utility companies are still responsible for delivering power to your home. Also, if you need to call in a power outage or a disrupted power line in your area, you should get in touch with your utility company. In Philadelphia, the main utility company is PECO Energy Co.
With deregulation in effect, Philadelphia electric customers have many options when it comes to choosing an electricity supplier. Suppliers buy power from the utility company and then sell it to consumers in electricity plans. If you have questions about your electricity bill or need to make a payment, you should reach out to your supplier.
Some of the biggest Philadelphia electric suppliers are Clearview Energy, Constellation Energy, Frontier Utilities, Public Power, Spark Energy, Verde Energy, and YEP Energy. With the Choose Energy marketplace, you can compare these providers’ rates and sign up for a plan that’s right for you.
Renewable energy plans in Philadelphia
In Philadelphia, there is a growing interest in producing renewable energy. In 2019, city leaders passed Resolution 190728. This law sets a goal to transition the city to 100% renewable energy by 2050. It also included a mandate for Philadelphia to implement fully renewable electricity across the city by 2035 (if not sooner).
As the city starts to rely more and more on green energy, Philadelphians will begin to see more renewable energy options available. Right now, Philadelphians that want renewable electricity can find 100 percent renewable options with Verde Energy, Constellation Energy, Clearview Energy, YEP Energy, and Frontier Utilities.
To find out if green energy plans are available in your area, enter your ZIP code at the top of the page.
Philadelphia energy for business
Often, the conversation around energy choice focuses on homeowners and renters. But did you know that Philadelphia business owners can select their own electricity supplier as well? Choosing your electricity plan is a great way to make your business expenses more predictable.
At Choose Energy, we can help you put together a custom energy plan for your business. Contact an energy expert today by calling the number on your screen or submitting your information through our online form.