Metropolitan Edison‘s (Met-Ed) electricity rate cap is set to expire on 12/31/10 (for Pennsylvania customers.) Rates are expected to rise 10%. Consumers will be offered the choice to stay with Met-Ed or switch to another electricity supplier which could save them money.
Allentown based PPL raised their rates by one-third after their rate cap expired 12/30/09.
PECO Energy aka Exelon’s rate cap is also set to expire 12/31/10. You can expect to see a 7% increase in your electric bill if you stay with PECO after the rate cap ends.
This link should give you information on the rates for all state-licensed electric suppliers: www.papowerswitch.com
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