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Price To Compare

Price to Compare

Written by Caitlin Ritchie

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Edited by Jamie Cesanek

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Last Updated:

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What does price to compare mean?

In some deregulated states, consumers can receive electricity from either their utility company or an independent energy provider. If a customer does not sign up for an energy plan through one of the available providers, they will be automatically enrolled in a plan with the local utility under a default rate.

The default rate set by a utility company is called the price to compare (PTC). Utilities share this rate publicly, often labeled as the Standard Offer Service (SOS). The PTC lets customers in deregulated areas determine whether they could get a lower energy rate if they sign up for a plan with another supplier.

In deregulated areas, energy providers may offer lower rates than the utility’s PTC to attract more customers. While lower rates don’t automatically mean lower bills, you could end up saving on monthly energy costs by choosing an alternate provider with a cheaper price.

There are 32 states, plus Washington, D.C., offering some form of deregulation for electricity, natural gas, or both. In some states, including Texas, customers are not able to purchase energy from their utility and must sign up for a plan through a retail energy provider (REP). Other states, such as Pennsylvania, Illinois, and Massachusetts, allow residents to shop for electricity service from their local utility or a provider.

If you live in an area where you can purchase electricity through your utility, you should know how to check the current PTC for your service area. Following is a list of deregulated states that offer electric service through the utility.

Where can I check my price to compare?

Your utility will normally provide the PTC on your monthly energy bill. The PTC may be listed in its own section of the bill (for example, in a section labeled “important information”), or it may appear as a line item in the section showing the details of your monthly charges.

Check your price to compare for savings

Following is a list of current PTC rates from utilities in states with a deregulated electricity market. All rates are shown in cents per kilowatt-hour (kWh) and are accurate at the time of writing.

Massachusetts

UtilityPrice to ComparePTC Valid ThroughChoose Energy PriceSavings
National Grid 16.0631-Jan-2514.0912.3% savings
Eversource-NSTAR15.7731-Jan-2513.8911.9% savings
UNITIL19.331-Jan-2514.5924.4% savings
Eversource-WMECO14.0231-Jan-2512.895.9% savings

Pennsylvania

UtilityPrice to ComparePTC Valid ThroughChoose Energy PriceSavings
Duquesne 10.53Effective June 1, 20248.7916.5% savings
Metropolitan Edison 10.41Effective June 1, 20249.1911.7% savings
PECO 9.2831-Aug-246.7926.8% savings
PENELEC9.75Effective June 1, 20248.5911.9% savings
PennPower10.39Effective June 1, 20249.0912.5% savings
PPL Electric Utilities 10.0430-Nov-249.792.5% savings
WestPennPower8.78Effective June 1, 20247.6912.4% savings

Ohio

UtilityPrice to ComparePTC Valid ThroughChoose Energy PriceSavings
AES/DPL - Standard8.5831-May-256.6922% savings
Duke – Standard 8.0131-Aug-246.1922.7% savings
Columbus Southern Power (AEP)7.730-Sep-245.9922.2% savings
Cleveland Illuminating 9.9531-Aug-246.2836.9% savings
Ohio Edison 9.4631-Aug-245.0946% savings
Toledo Edison9.6531-Aug-245.0947% savings

Illinois

UtilityPrice to ComparePTC Valid ThroughChoose Energy PriceSavings
Ameren 8.1430-Sep-248.4Savings currently unavailable
ComEd6.930-Sep-247.75Savings currently unavailable

New Jersey

UtilityPrice to ComparePTC Valid ThroughChoose Energy PriceSavings
ORNJ8.81Effective August 202411.98Savings currently unavailable
Jersey Central Power & Light10.85Effective June 1, 202411.79Savings currently unavailable
Atlantic City Electric14.43Effective June 1, 202414.49Savings currently unavailable
Public Service Electric & Gas9.01Effective June 1, 202416.49Savings currently unavailable

*The rates on this page are based on the utility’s Price to Compare and the lowest rates on ChooseEnergy.com. These rates may vary by location and do not factor in distribution fees, taxes or other state regulated fees.

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