What is PECO Energy?
PECO is an energy utility company operating in southeastern Pennsylvania. It’s the electricity utility for Philadelphia and the surrounding counties and the gas utility for the Philadelphia suburbs. That means it’s your default energy supplier if you live in these areas. However, both markets have been deregulated, giving consumers the opportunity to buy energy from alternative retail suppliers.
PECO was founded as the Philadelphia Electricity Company in 1881 and remains headquartered in the city.
What services does PECO offer?
PECO generates, transmits and distributes electricity and natural gas to residential and business customers. It’s the largest combination utility in Pennsylvania.
It also offers energy assessments to residential customers, to help them identify ways they can boost their home’s energy efficiency. It gives rebates and discounts on your energy bills if you choose energy-efficient appliances and ditch old ones.