Located in southeastern Pennsylvania, met ed serves residential and commercial customers throughout the area. With the state’s deregulated energy market, met ed electricity customers are able to choose their own retail electricity provider and remain connected to the utility for delivery of power. Met-Ed buys the wholesale electricity for all of their customers and then reflects that price on your monthly bill as the “Price to Compare” rate (PTC). The PTC is set by auctions held 4 times a year.
Your met ed electric bill includes a lot of information that may be confusing for consumers. Let’s take a closer look at the different sections of your bill and what they mean for you.
Part A: Account & Bill Information
This section of the bill shows your personal account details including your name, address, and your met ed electricity service number. It also includes your current balance and the amount due. Part B: meter summary
This portion of the bill shows the meter information for your met ed electricity account. This will include the kilowatt hours used during the month and any charges from the meter. Part C: Customer Charges
This section of your bill includes the distribution and generation fees charged by met ed to deliver electricity to your home or business. Part D: Messages and current PTC rate
If you haven’t chosen a competitive supplier, your met ed electricity bill will show the default PTC in this section. The PTC is the price that met ed pays for electricity from generator companies to be transmitted over high-voltage transmission power lines to your location and into the local electrical switch yard for distribution.
Met-Ed PTC rates change seasonally and can be high in some months and low in others. This is why it’s important for met ed customers to regularly evaluate their PTC against competitive energy supplier offers.
There are many benefits of choosing a competitive retail electricity supplier to replace met ed. One benefit is budget certainty. By switching, you can lock in a fixed rate that will stay the same for up to 48 months. You’ll be able to see exactly how much you will save and can select a plan that offers green energy options for those looking to lower their carbon footprint. In addition to saving money, you’ll also be supporting local renewable sources of power. Switching is fast, easy, and convenient – and there’s no interruption in service when you enroll with a new supplier. You can even start saving today! Enter your zip code to get started.