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Dominion Retail, Stream Energy, Verde Energy Launch PECO Residential Offers

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November 8, 2010

Dominion Retail, Stream Energy, and Verde Energy USA Inc. have announced pricing for residential electric supply at PECO.

Dominion Retail, as Dominion Energy Solutions, is offering Rate R customers a variable rate through June 2011 (currently at 8.928¢/kWh) that is a guaranteed 10% discount off of PECO's Rate R price to compare, and then a rate of 8.99¢/kWh from July through December 2011.  The offer does not include an early termination fee.

Stream Energy is offering two variable products with no termination fees, a standard rate and a 100% renewable product.  Currently, the standard variable rate is 7.43¢/kWh, and the 100% renewable rate is 7.63¢/kWh.

Verde Energy is offering a variable rate currently priced at 8.99¢/kWh.  New customers are also eligible for a $50 cash back bonus rebate.  The variable product does not include a termination fee

Stream PPL Offers
Stream also posted its first offers in the PPL area: two 12-month fixed plans (one standard, one renewable), and two variable plans (one standard, one renewable).  The fixed plans include an early termination fee of $150.

Current pricing is as follows:
12-Month Fixed:                            8.9¢/kWh
12-Month Fixed 100% Renewable:  9.1¢/kWh
Variable:                                       9.09¢/kWh
Variable 100% Renewable:             9.29¢/kWh

   
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