Your electric bill probably looks like a wall of numbers. Most people glance at the total, cringe, and pay it. But buried in those line items is everything you need to know to lower your bill — including whether you’re overpaying on your electricity supply. Here’s how to decode it. The Two Main Sections of…
If you live in Texas, Illinois, Pennsylvania, New York, Ohio, or more than a dozen other states, you have a choice about where your electricity comes from — and that choice can meaningfully lower your monthly bill. But most people have no idea this option exists. Here’s everything you need to understand about electricity deregulation….
When you shop for electricity in a deregulated state, you’ll face one critical decision before anything else: fixed rate or variable rate? The wrong choice can cost you hundreds of dollars. Here’s the definitive breakdown. What Is a Fixed Rate Electricity Plan? A fixed rate plan locks in your electricity price (in cents per kWh)…
Ohio has a fully deregulated electricity market, and customers of all major utilities — AEP Ohio, Duke Energy Ohio, FirstEnergy (Ohio Edison, CEI, Toledo Edison), and Dayton Power & Light — can shop for competitive electricity rates. Here’s how to find the best deal in 2026. Ohio Electricity Deregulation Overview Ohio deregulated its electricity market…
New York has some of the highest electricity rates in the continental U.S. — and one of the most active competitive supplier markets. Whether you’re in NYC, Long Island, or upstate, you have options to meaningfully lower your bill. Average Electricity Rates in New York 2026 Region Average Residential Rate 2026 NYC (Con Edison) ~22–24¢/kWh…
Pennsylvania has one of the most active competitive electricity markets in the country. Residents served by PECO, PPL, Duquesne Light, and West Penn Power can shop from dozens of licensed Electric Generation Suppliers (EGSs). Price to Compare by Pennsylvania Utility Utility Territory 2026 Avg. Price to Compare PECO Energy Philadelphia & suburbs ~9.5¢/kWh PPL Electric…
Illinois has one of the largest deregulated electricity markets in the Midwest. ComEd (northern Illinois) and Ameren (central/southern) customers can choose an Alternative Retail Electric Supplier (ARES). Illinois Price to Compare (PTC) Rates Utility 2026 Average PTC ComEd (northern IL) ~6.7¢/kWh Ameren Illinois (central/southern) ~5.9¢/kWh Best Electricity Suppliers in Illinois 2026 Constellation Energy — one…
Texas has one of the most competitive electricity markets in the world. With over 100 retail electric providers (REPs) competing for your business, the right plan can save you $300–$600 per year. Current Average Electricity Rates in Texas (2026) Plan Type Average Rate 12-month fixed 11.2–13.5¢/kWh 24-month fixed 11.8–14.2¢/kWh Month-to-month variable 9–20¢/kWh (market-dependent) 100% renewable…
What Is Electricity Deregulation? In a regulated electricity market, one utility company controls everything: generation, transmission, and billing. In a deregulated market, you can choose who generates and sells your electricity. That competition keeps prices honest. Step 1: Find Out If Your State Is Deregulated The major deregulated states are: Texas (fully deregulated), Illinois, Pennsylvania,…