Phil Tonge, president of residential business at Direct Energy, said: “Direct Energy’s been eagerly waiting on an opportunity to compete at the residential level in Pennsylvania.
“Thanks to the legislative and regulatory commitment to competition, residents in Eastern Pennsylvania now have choice when it comes to their electricity supply. Our company is committed to Pennsylvania’s vision for a competitive electricity market, and bringing additional options to meet the diverse needs of our customers.”
The three different plans offered by Direct Energy include: a 12-month product that includes a fixed-price of $0.0899 per kWh for the first three months followed by a fixed-price of $0.0949 per kWh for the remaining nine months; a 12-month renewable product where every year of the plan Direct Energy will purchase renewable energy credits (RECs) to match the customer’s monthly electricity consumption and the product offers a fixed-price of $0.1009 per kWh for the first three months followed by a fixed-price of $0.1149 per kWh for the remaining nine months; and a 36-month fixed plan that offers customers a fixed price of $0.0999 per kWh guaranteed for three years of electricity supply.
Direct Energy is a North American energy and energy-related services provider with approximately five million residential and commercial customers.