Business Electricity Choice in Met-Ed
With businesses in neighboring territories, including PPL and PECO, enjoying huge savings and price stability in the competitive electricity choice market, a larger percentage of businesses in Met-Ed are switching over to a competitive supplier. Electricity choice provides Met-Ed businesses the ability to lower their high energy bills.
Met-Ed’s volatile default rate is motivating more businesses to seek a safer alternative. The average business in Met-Ed can save between 8-25% annually, depending on the companies size and power consumption pattern, by locking in a fixed competitive electricity rate. Unlike the Met-Ed default rate, a business who decides to lock in a fixed rate with a competitive supplier will not have to worry about their price per kWh fluctuating throughout the year.
When a business switches over to a competitive power supplier, Met-Ed continues to be responsible for delivering the electricity to them and acts as a supplier of last resort. This means if the supplier the business signs with fails to supply the electricity, Met-Ed will automatically step in and supply the power to the facility at the current default rate. Businesses will never have to worry about the lights going off or electricity not being supplied as a result of signing a contract with a competitive supplier. If you decide to opt out of the competitive market you will automatically be transferred back to Met-Ed’s default rate at the end of your contract.
Current Met-Ed competitive business rates are showing savings versus the Met-Ed default price to compare rate.
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