What is PA Power Switch?
Explore Pennsylvania's official electricity marketplace to compare rates, choose suppliers, and save on your energy bills.
PA Power Switch is Pennsylvania's official electricity marketplace, designed to help residents choose their energy providers. Here's what you need to know:
Why use PA Power Switch?
"PA Power Switch provides a transparent and instant solution to compare electricity rates online", - Pennsylvania Public Utility Commission
Quick tip: Have your latest electric bill and zip code ready when you start.
If you'd like to automate the searching and switching aspects of PA Power Switch, Currents can help save up to $500 per year with our automated utility switching service.
You might be thinking - I've heard this before! Let me quickly explain how we're different: Rather than take a commission from suppliers when we make the switch to a lower cost, fixed plan, we instead offer a Shared Savings model where we take 20% of savings. This ensures we're incentivized to find you the most savings, and we believe it's a fair way to do business since we're transparent about fees and finding you the best plans. We're confident this model works because we need to keep our lights on! Let us know what you think!
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Key Features
PA Power Switch packs a punch when it comes to helping Pennsylvanians pick their perfect power provider. Let's dive into the tools that make this platform tick:
How to Compare Rates
Want to see who's offering the best deal? Here's how:
It's that simple. You might find Supplier A charging 8.9 cents per kilowatt-hour, while Supplier B asks for 9.2 cents. Armed with this info, you can make a smart choice that fits your wallet.
List of Approved Suppliers
PA Power Switch keeps a current list of all legit electricity suppliers serving Pennsylvania. These aren't fly-by-night operations - they're all licensed and approved by the Pennsylvania Public Utility Commission. So you can shop with confidence, knowing you're dealing with the real deal.
Standard Offer Program
Here's where things get interesting. The Standard Offer Program could save you some serious cash. How? It's pretty straightforward:
"If you get into the Standard Offer Program by June 1 – when the new rate kicks in – you can get the 0.083 cents rate for 12 months."
And the best part? No cancellation fee. So if something changes, you're not stuck.
Fixed vs. Variable Rates
PA Power Switch breaks down the difference between fixed and variable rate plans. It's crucial info for picking the right plan for your home. Let's compare:
"The biggest benefit of a fixed-rate energy plan is its stability." - Energy Harbor
Fixed rates can be a lifesaver when the market goes crazy. Take 2021, for example. Electricity prices shot up by 5.6%, with another 2.4% hike expected in 2022. If you had a fixed-rate plan, you'd have dodged that bullet.
How to Use PA Power Switch
PA Power Switch helps you find better electricity rates in Pennsylvania. Here's how to use it:
What You Need to Start
Grab these before you begin:
Having these handy makes comparing options much easier.
Types of Pricing
PA Power Switch offers two main pricing options:
1. Fixed-Rate Plans
These lock in your rate per kWh for your whole contract. Example: Clearview Energy's "Clear Guarantee 6 Plus" offers 9.29¢ per kWh for 6 months.
2. Variable-Rate Plans
These can change based on the market. They might start lower but can go up or down unpredictably.
The Pennsylvania Public Utility Commission says: "Fixed-rate energy plans offer stability in a volatile market."
Think about how much risk you're okay with and what fits your budget when choosing.
Reading Contract Terms
Don't skip the fine print. Look for:
Pro Tip: Check out the Electric Generation Supplier Contract Summary. It breaks down the key points in simple terms.
Here's a quick guide to contract terms:
Customer Rights and Benefits
PA Power Switch isn't just about shopping for electricity - it's about flexing your consumer muscles. Here's how you can save cash and stay protected in Pennsylvania's energy market.
Ways to Save Money
PA Power Switch offers several money-saving options:
Compare Fixed and Variable Rates: Fixed rates keep things steady, while variable rates might save you money upfront. In 2021, when electricity prices jumped 5.6%, folks with fixed-rate plans dodged that bullet.
Standard Offer Program: This locks you into a rate 7% below the supplier's current price for a year. If PPL's rate is 8.9 cents per kilowatt-hour, you'd get 8.3 cents.
Cash-Back Incentives: Some suppliers give you cash back if you use less than a certain amount of power each billing cycle. It's a win-win - you save energy and money.
Time-of-Use Rate Plans: Ask your utility about cheaper rates during off-peak hours. Running your washer at night could shrink your bill.
"Going green can actually save you some hard-earned green. Besides leaving a smaller carbon footprint on the World, you will also have a smaller electric bill every month." - Energy Efficiency Expert
Your Rights as a Customer
Pennsylvania law has your back in the energy market. Here's what you need to know:
You have the right to clear, unbiased info about your energy options. Suppliers must give you a "Price to Compare" so you can easily weigh different offers.
Each supplier has to provide an Electric Generation Supplier Contract Summary. This lays out the important stuff like price structure, how long the contract lasts, and any cancellation fees.
Got cold feet? No worries. You have 3 days to cancel a new contract without penalty.
The law protects you from shady practices by suppliers. If something seems off, you can file a complaint with the Pennsylvania Public Utility Commission.
Frank Caliva from RESA says:
"Pennsylvania residents have access to many ethical third-party energy suppliers. It's unfortunate when a few 'bad actors' impact hundreds of companies that go above and beyond what's required to ensure consumer protections are upheld."
Things to Watch For
When choosing an electricity supplier on PA Power Switch (or in general!), you need to read the fine print carefully. Here's what to look out for:
Contract Length and Fees
The length of your contract and potential fees can make a big difference. Let's break it down:
Contracts can run from month-to-month to several years. Make sure you're OK with how long you're signing up for.
Early termination fees?
They're usually between $50 and $250. Some providers might charge you $150 if you bail on a 24-month plan early.
Here's a quick tip: If you spot a better rate while you're in a contract, do some quick math. Divide the early termination fee by what you'd save each month. This tells you if switching is worth it.
"You can still shop around for better electricity rates and plans even if you're in a long-term contract."
Want to keep your options open? Look for plans with low or no cancellation fees.
Price Change Alerts
Keeping tabs on rate changes is key to managing your electricity costs:
Variable rate plans can change prices often, sometimes without warning. Check your contract to see how often and when rates might change.
Fixed rate plans keep prices steady during the contract. But watch out for what happens when it ends. Some plans switch to variable rates automatically.
Suppliers have to tell you about price changes within a certain time. This varies by provider, so check your agreement.
The Pennsylvania Public Utility Commission (PUC) offers weekly email alerts about pricing changes.
Reading the Fine Print
Always check out the Electric Generation Supplier Contract Summary before you sign up. It covers:
One last thing: Don't show your electric bill to anyone until you've decided to switch suppliers. This stops unauthorized switching, which is called "slamming."
Summary
PA Power Switch is Pennsylvania's official electricity marketplace. It's designed to give you more control over your energy bills. Here's how it works:
Compare Easily: Just type in your ZIP code. You'll see a list of licensed suppliers in your area. You can compare rates, contract terms, and green energy options side-by-side.
Save Money: As of May 2023, over 1.2 million Pennsylvanians have switched to retail electricity providers. Many are saving on their bills. For example, the current Price to Compare is 10.04¢ per kWh. But some providers offer rates as low as 9.29¢ per kWh for a 6-month contract.
Stay Protected: The Pennsylvania Public Utility Commission (PUC) oversees PA Power Switch. They make sure only licensed suppliers can list their offers. This helps keep you safe when exploring your options.
Choose Your Plan: PA Power Switch has fixed and variable rate plans. Fixed rates stay the same, giving you stability. Variable rates might save you money at first, but they can change with the market.
"When you choose an electricity supplier in Pennsylvania, you can get price certainty, savings compared to the price to compare, and renewable options your utility doesn't offer."
Make Smart Choices: The platform gives you detailed info about each supplier. You'll see pricing, contract terms, and customer reviews. This helps you pick a plan that fits your needs and budget.
Currents is your trusted energy advisor.
Want to save on utility bills? Compare solar quotes or sell solar credits? Let Currents solve these problems with no work on your end.