PECO Energy Company

PECO does not publish an EV-specific rate. Instead it offers an optional whole-home Time-of-Use plan that EV owners can use to time their charging. The plan applies generation charges that are highest on-peak from 2pm to 6pm on non-holiday weekdays, lower off-peak in the surrounding hours, and lowest super off-peak from midnight to 6am every day. Charging an EV between midnight and 6am captures the cheapest generation rate. PECO resets the prices every June 1 and December 1, and they cover generation only, so delivery charges come on top. The plan suits drivers who can schedule overnight charging and who buy generation from PECO rather than a competitive supplier.

Residential EV owners choose between two paths that cannot be combined. The Time-of-Use rate rewards overnight charging through lower prices, while Flex & Save pays $60 per summer and winter season, up to $120 a year, for letting PECO shift an enrolled EV or smart charger away from peak hours; customers on Time-of-Use are not eligible for Flex & Save. Either path can sit alongside the $50 Smart Driver Rebate for buying a plug-in vehicle. The larger dollars sit on the commercial side through EVsmart: a Level 2 program pays a flat rebate per port, and a Public Benefit Program covers up to 50 percent of Level 2 and DC fast charging costs for public-purpose sites. The two commercial programs share a $100,000 annual cap per customer (transit authorities installing DC fast chargers of 250 kW or more per port have a separate per-site cap), and the rebate applies the same way whether the site buys generation from PECO or a competitive supplier.

PECO operates in Pennsylvania's deregulated electricity market, so customers can buy generation from a competitive supplier while PECO handles delivery. That matters for EV owners because the Time-of-Use generation rate only applies if PECO is your generation supplier; customers on a third-party supplier contract pay that supplier's pricing instead. PECO's electric footprint covers Philadelphia, Bucks, Chester, Delaware, and Montgomery counties, plus a small part of York County, and the Level 2 commercial program pays a larger per-port rebate for sites inside designated Environmental Justice Areas.