Pennsylvania was one of the original 13 colonies, and is home to many historically significant sites. In addition, it is a major energy producing state with first-in-class resources that are ripe for development. Energy stakeholders are advancing a range of visions for turning these resources into economic opportunity for the state. These visions vary, with some espousing 100 percent renewable electricity as a policy imperative, others supporting legacy coal and nuclear plants, and still others pushing for a natural gas-centric strategy that leverages the state’s massive resources into petrochemical production, advanced manufacturing, and deeper gas penetration in electric power service across the state.
Pennsylvania’s deregulated energy market gives residential customers the ability to choose their own retail electricity supplier, and to take advantage of competitively priced plans that can offer a variety of rates. However, it is important to understand what factors will affect your overall electrical costs before you sign a contract with an energy provider. This will help you estimate your energy bills and make the best decision for your specific needs.
The price per kilowatt-hour (kWh) for your electricity can vary greatly from house to house, even between two homes with similar usage habits. This is because there are many different factors that go into estimating your electric charges. In order to get the most accurate results, it is best to use a comparison tool that can calculate your exact energy rates and charges based on your individual situation.
There are over 100 licensed energy suppliers in Pennsylvania. Each offers different plans with varying prices, terms and quality. These plans can be purchased directly from the energy supplier or through an online broker or agent. The broker or agent can compare prices and products from multiple providers and find the right plan for your energy needs.
Duquesne Light is a utility in Pennsylvania and serves most of the southwestern region. As a utility, it is responsible for managing the power lines and making sure that electricity arrives at your home or business when you need it. It is important to note that regardless of who you choose to supply your energy, Duquesne Light will continue to manage the power line maintenance and respond to any outages. They will also charge a default rate that is called the Price to Compare if you do not choose your own supplier.
Pennsylvania has vast hydrocarbon resources and is one of the top energy producing states in the country. Its enormous natural gas resource base is rich in natural gas liquids such as propane and ethane that can be extracted and used to create petrochemicals that are used in a number of different industries. Some studies have suggested that the state could become a major producer and exporter of petrochemicals if the necessary infrastructure is built. As a result, many of the state’s energy stakeholders have prioritized developing this new opportunity as a way to boost the economy. They see it as a strategic complement to the state’s historic strengths in coal and nuclear power.