Find the Best Rates at PA Power Switch

Find the Best Rates at PA Power Switch

With the launch of the PA Power Switch website, the Pennsylvania Public Utility Commission has given homeowners a convenient way to understand the state’s deregulated energy market. If you’ve been considering switching energy providers, or are simply curious about whether or not a fixed pricing plan can save you money, a quick visit to the website is the best place to start.

A Brief Guide to Energy Deregulation

Residential energy deregulation took effect in Pennsylvania on January 1, 2011. With that, it has now become possible for consumers to specify who their utility provider buys energy from. What most people don’t understand is that while they may receive a bill from one company, there are actually several factors determining the price they pay for electricity:

  • Utility companies —Utility companies such as Met-Ed and PPL are responsible for the delivery of power to your home. They also maintain the grid and handle billing and other administrative work. What they don’t do is produce energy on their own.
  • Power suppliers —Power suppliers buy electricity in bulk and sell it to utility companies. Unless you specify a supplier, your utility company will continue to pay the market rate and charge it to you at a cost, as it did prior to deregulation. Choosing a supplier means you’re no longer bound to the market rate, and you can choose a pricing plan that gives you more control over costs.

With a power supplier, you’ll continue to receive the same bill and the same service from your regular utility company. They will also continue to set the administrative and delivery fees you pay each month. What will be different is the rate you’re charged for the energy you use. By shopping around and looking for deals, you may be able to pay less than the market price over the course of the year.

Is Fixed Rate Electricity Pricing Worth It?

Electricity prices fluctuate on a daily basis and are also subject to regular spikes during periods of heavy demand. One of the benefits of choosing a fixed rate pricing plan from an authorized PA Power Switch supplier is the additional measure of control and certainty you gain over your monthly bill. At certain times of the year, fixed rate pricing may be higher than the market rate. However, this difference can be made up in the winter when prices rise.

Ultimately, the benefits of fixed rate pricing will depend on multiple factors, including the size of your home and your family’s heating habits. By doing your research and reading any contract thoroughly, it’s possible to save with fixed pricing.

Shipley Energy: A Trusted Choice in Central PA

If you’re a Met-Ed, PPL, UGI or PECO customer, you have the option of choosing Shipley Energy as your PA Power Switch supplier. We offer both fixed and variable rate plans, and have been serving homes and businesses in the central PA area for 85 years. See how our plans compare with the competition at the PA Power Switch website, or contact us today to discuss your options with an energy adviser.