How PECO rates rose 32 percent
PECO Energy Company's average residential electricity price has risen from 13.6 cents per kWh in 2015 to 18.01 cents in 2025, an increase of about 32 percent, or roughly 2.8 percent per year. The chart shows PECO's average residential price by year. Hover any point for the exact figure.
Current residential rates
PECO residential rates are shown below, from the utility's published tariffs and the public Utility Rate Database. Rates vary by plan, season, and usage and change over time.
| Plan | Energy charge | Fixed / basic |
|---|---|---|
| Residential default service (Price to Compare) plus delivery | Default supply Price to Compare about 11.76 cents/kWh (generation and transmission) plus distribution of roughly 4.5 cents/kWh, for a typical all-in near 16 to 17 cents/kWh | $8.45/month customer charge |
PECO is a delivery utility; residential default service equals PECO's Price to Compare supply plus PECO distribution. The Price to Compare resets twice a year. Distribution is roughly 4.5 cents/kWh plus the monthly customer charge, giving a typical all-in default residential rate near 16 to 17 cents/kWh, consistent with the bundled average. Customers may instead buy supply from a competitive supplier. Confirm current pricing on PECO's rate pages before making decisions.
The Pennsylvania advantage
Why PECO's net metering still favors solar
While Michigan, New York, and Illinois have cut what utilities pay for exported solar, Pennsylvania still requires full retail net metering. A kWh your PECO system sends to the grid offsets a kWh you would otherwise buy at the full retail rate, one for one, with credits rolling over month to month. Only the leftover surplus at the annual true-up is cashed out at the lower supply rate. Combined with rates that rose about 32 percent since 2015, full retail net metering makes PECO one of the friendlier utilities for home solar in this group.
Pennsylvania's full retail net metering
Pennsylvania requires full retail net metering. PECO credits residential solar exports at the full retail rate, generation plus transmission plus distribution, one kWh for one credit, with credits rolling over month to month. At the annual true-up any remaining net excess generation is cashed out at the lower Price to Compare supply rate. Residential systems are capped at 50 kW.
Why full retail credit helps PECO solar
PECO's rates were flat to falling from 2015 through 2021, then climbed as wholesale generation costs rose, reaching about 18 cents per kWh, up roughly 32 percent over the decade.
The bigger story for solar is that Pennsylvania kept full retail net metering. Because exported solar is credited at the full retail rate rather than a lower wholesale value, a PECO solar system captures full value whether you use the power directly or send it to the grid. Whether it pencils out still depends on your roof, usage, and system size, so get a site-specific quote.
PECO service area
PECO serves Philadelphia and the surrounding southeastern Pennsylvania counties (Bucks, Chester, Delaware, and Montgomery), plus a small part of York County, about 2,100 square miles..
To confirm whether a specific address is served by PECO, check your electricity bill. A ZIP lookup tool is coming to this site.
What rising PECO rates could cost you
PECO rates have risen about 2.8% per year. Enter your bill to see what that pace of increase could compound to over time, and what you have likely already absorbed. This is an estimate, not a guarantee.
Estimate only. Projects your current bill forward at PECO's historical average rate increase (2.8% per year, from EIA data); it assumes your usage stays the same except for any add-ons you select. Actual rates depend on your usage, rate plan, and the utility's future filings, and are not guaranteed. This is general information, not financial advice.
Full data and sources
Per-utility prices are computed from EIA Form 861 (bundled residential revenue divided by sales), which reconciles to the EIA's published figures. These are public-domain U.S. government data.
| Year | PECO (c/kWh) |
|---|---|
| 2015 | 13.6 |
| 2016 | 14.02 |
| 2017 | 14.0 |
| 2018 | 12.83 |
| 2019 | 12.76 |
| 2020 | 12.63 |
| 2021 | 12.6 |
| 2022 | 14.38 |
| 2023 | 16.18 |
| 2024 | 16.16 |
| 2025 | 18.01 |
Sources: EIA Form 861, Sales to Ultimate Customers (2015 to 2024) · PECO, Electric Price to Compare · PECO, net metering · DSIRE, Pennsylvania net metering
FAQ
How much have PECO electricity rates gone up?
PECO's average full-service residential price rose from about 13.6 cents per kWh in 2015 to about 18 cents in 2025, an increase of roughly 32 percent, per EIA Form 861 data, with most of the climb after 2021.
Does PECO have net metering?
Yes, and it is full retail. Pennsylvania requires PECO to credit residential solar exports at the full retail rate, one kWh for one credit, rolling over month to month. Any net surplus at the annual true-up is cashed out at the lower supply rate. Residential systems are capped at 50 kW.
Why is PECO's supply rate separate from delivery?
Pennsylvania is deregulated, so PECO always provides delivery while generation is either PECO's default Price to Compare or a competitive supplier. The Price to Compare resets twice a year, and the all-in default rate is supply plus distribution plus the customer charge.
Is solar worth it with PECO?
Rising rates plus Pennsylvania's full retail net metering make PECO one of the more favorable utilities for solar in this group, because exported power earns the full retail rate. The payoff still depends on your usage, roof, and system size, so get a site-specific quote.