A co-op, or cooperative, is a member-owned business. Co-ops exist solely to serve their members, not shareholders or investors. They are generally run based on values such as self-reliance, democracy, equality, honesty and social responsibility. Most co-ops are governed by seven basic principles:
Enrollment will be processed within three business days. Any changes to your service will be reflected on your bill within the next 1-2 billing cycles.
How long is my rate valid?
Rate terms are either variable or fixed, depending on product and rate selection.
For electricity products, the Co-op offers variable and fixed rates. Fixed rates are guaranteed for 12-15 months from the date you join. The “rate good through” date is listed on the enrollment form and on your account once you join. After 12 months, your rate may go up or down depending on broader market conditions. You will receive notice of any changes two months prior to expiration and you will have the option to stay on a fixed rate or switch to a variable rate plan.
Variable rates for electricity and renewable natural gas may change monthly depending on the broader market. You’ll see the current rate when you enroll, but it is possible that you will see a different rate on your first bill. You can always check your current rate by logging into your account.
Rates for home heating oil can vary daily – you can always see the daily rate by logging into your account or calling the Co-op.
Will you honor net metering or buy back power for those with solar panels?
If you consistently generate more energy than you need each month, you may want to remain with PECO’s or PPL’s default service.
We do not currently provide forward crediting for surplus electricity generation. While we have offered this in the past, we are not currently accepting new participants.
What's the catch? Are there any fees?
No! There are no cancellation, early termination or other fees for membership in The Energy Co-op.