Met-Ed (Metropolitan Edison) is a subsidiary of First Energy and serves residential and commercial customers in 14 counties, including Lehigh Valley. The company utilizes First Energy’s 269,000-mile network of distribution lines to deliver electricity to the region.
The company also provides natural gas services in certain areas, and is part the FirstEnergy system which includes JCP&L, Penelec, and Toledo Edison.
Because of the power market’s deregulation in Pennsylvania customers are able to choose a retail electricity provider and plan that best suits their requirements. These PA electric suppliers are licensed, bonded, and regulated by the Public Utilities Commission.
By comparing prices and comparing the best prices customers can save a significant amount of money on their electric bills. Some suppliers also offer green energy options to reduce carbon dioxide emissions.
Compare the Electricity Rates
There are two major components of an electricity bill: delivery charges and the supply charges. The supply charges are what you pay for the electricity that is supplied to your home or business.
The PUC’s PA Power Switch website allows you to compare energy rates in your area and pick one that offers the best rates. The rates are determined using an algorithm that takes into various factors like the cost of energy and the electricity demand in your region.
A customer could be eligible to get a lower cost from their utility when they are eligible for the Standard Offer Program. This program allows customers to call the utility to complain about excessive bills to receive a 7 percent discount on the current “price-to-compare” rate.
The customer must stay active in the Standard Offer Program for a minimum of one year to qualify for the discount. If the customer wishes to terminate the contract, they can do so without cost.
If you are an peco electric rates client and wish to benefit from their energy choice program then you need to obtain a free estimate using an online tool that compares rates in your area. You can then compare the rates with the default rate Met-Ed charges for its supply services.
You will find that the majority of electric companies offer rates that are much lower than Met Ed. Selecting an alternative energy provider is a good first step in reducing the monthly cost of Met-Ed by as much as 30 percent.
If you are an existing Met-Ed customer looking to lower your electric bills by switching to a different PA electric provider You can begin by comparing your electricity rates with Greenlight Energy’s easy-to-use pricing platform. This tool is completely free and easy to use. Enter your current electricity rate or kilowatt-hours. We will give you a free estimate on how much you could save by switching to a different energy provider.