If you live in Pennsylvania you now have the power to choose your electric company.
PALMco Power is a private, family owned electric company.
The family that owns PALMco Power has been in the energy business since 1938.
To find electric rates comparable to PALMco Energy Rates just type in your zip code in the compare box to the right then click compare.
When you compare PALMco energy rates there are a couple of thing you need to ask.
- Does PALMco Power have both variable and fixed rate plans?
- What is the TDSP charges for your area?
- Does it cost to switch from your current provider?
- What happens when your contract ends with PALMco Power?
You can call us at 1-903-245-4989 to compare PALMco energy rates to ours.
At this time however we do not offer electric rates through PALMco Power.
You will have to visit their website to see their rates and compare them with the prices in our compare chart.
We offer several different PA electric companies plans for your home or business.
PALMco energy rates can save you money.
Palmco Electric—an electric generation supplier, called me last night. Free markets and all that. I could expect more than 8% savings, I was told. They would offer me 6.4cents per kilowatt hour.
Asked if the rate they are offering is an introductory rate, they were vague until I said to them, “Gee—the rate listed on the PAPowerSwitch website says it’s an introductory rate.”
“Well, yes it is, sir,” was the reply. I asked what rate current customers are paying, and was told, as far as they know they are the same as those listed— but naturally rates might fluctuate up or down in the future.
Interesting conversation. You see, I had just switched away from Palmco power. Last month, they charged me 11.4 cents per kilowatt hour.
It will take one cycle for many customers to realize that Palmco has switched their electric generation fee from the best available at PAPowerswitch to nearly double this value, and then, given the existing structure, it takes two additional billing cycles to get switched to a new provider. This mistake cost me hundreds of dollars. This is a swindle, pure and simple, facilitated by the rules of the PUC.
I had a similar experience with Palmco. When I first switched to them, the sales person told me that I would keep paying the advertised rate, and that I should not expect a big price hike. Despite the sales person’s statements, the price increased by 20% in two months, and then by 47% in four months. This is clearly a bait and switch scheme with sales people making all kinds of wrong promises to gain customers.
I have learned much from this experience and have since switched to a fix term contract.
Stay away from PALMCO. I have had a similar bait and switch experience with PALMCO. My rate went from 8.49c to 9.98 to 11.5 over a five month period. You only find out about the rate increase when you receive your bill. At least PECO had to notify you in advance before they raised your rates.
I just jioned the rest., Reviewed my bill and found out after 2 months I was swithed to a variable rate of over 12 cents a KW…. current fixed rate are just over 8 cents.
Stay away from this Co.
Yes this was a total scam. Thanks for listing your issues. I probed on the call and the guy hung up after I asked about how they raise rates. These guys should attract the New Jersey prosecutor.
This is a fraud, and dont have any legal agency to close that business ???
Palmco Customer STAY AWAY they increase my bill every month went as high as 16 STAY AWAY!!!
STAY AWAY from PALMCO or any any company like that.
Is a scam, they increase the rates, and never let you know.
I am setup on auto pay. The first bill that came through this summer that was much higher, just chalked it up to increased usage. With the second bill, I started to look more closely into the billing and saw that I am paying almost double what PPL is charging. When I originally had switched I looked for a company that was offering a better price to PPL without it being an introductory offer. I understood that a lot of these intro prices wouldn’t last and there would be a price to pay later on. PALMCO at first fit the bill but now is off their rocker if they think i will be staying. Buyer beware…..
A representative of Palmco called me about 3 months ago, and he offered me a rate of 7.9 per kw (to save money). After the first month, they started to increase their rates, and less than 3 months after I switched from Met- Ed I ended paying $ 400.00 for electrical bill!!! Their current rate is 16.3 per kw, while Met-Ed charges 6.9 per kw. Be careful…
Horrible mistake never to be made again. My July (2012) came in quite high so I started to examine my bills. From June to July my price per KWH jumped almost 30% from an already high .135 to .174. I went back over past bills and realized I had be paying an average of 20%+ more over the past 18 months. I immediately sent them notice of cancellation. I just received my final bill and as a going away present they charged me .184 per KWH a price that was 64% higher than PSEG would have been. Stay away
What I do not get is I have two charges with Palco. The distribution rate and the Commodity charge. I am paying .0600 on distribution (good deal) but paying .13656579 for the Commodity charge. Does anyone know what this is? I can’t find an old Peco bill to see what it was under them.
Thx
CROOKS–plain and simple!!!!! You get a Great SONG AND DANCE about how much you are going to save, but then the bill comes.I am paying at least $200.00 MORE a month!!!! STAY AWAY!!!! STAY AWAY!!!!! Going back to PSE&G ALSO IT TAKES A LEAST TWO BILLING CYCLES TO CHANCE BACK!!!!!!! TOTAL SCAM!!!!! BAIT AND SWITCH WHAT EVER YOU WANT TO CALL IT THEY ARE CROOKS
A Palmco silicitator stopped at our residence some time this summer, while I was a t work, and talked my wife into switching over to them. They have kept increasing their rate per KWH since about September without notifing us. Their rate is .05 more than any other supplyer in our area. Hopefully, we got the last bill from them this month. I plan on calling them and requesting a refund.
Similar experience – 2 months at $0.047 per kWh, next 2 months at $0.072 per kWh, final month (I switched away from them) at $0.1427 per kWh. When I signed up, there was no term so I did not have charge for transferring. DO NOT TRUST that there rate will be competitive with what you currently have.
Thank you for your comments You all just saved me from making a big mistake
Crooks!!!! switched. Their customer service is incompetent, not trained and unprofessional. A representative on the phone mentioned that the rates fluctuate and varies – I asked whether the rate was computed on an average basis for the billing cycle and she said “yes”. I then asked for a list of daily rates so that I want to make sure that it was computed properly but she said they are in the customer service and they do not have that information. The “supervisor” in turn took the phone over and started the conversation in a combat mode…. The supervisor should not be supervising anyone!!!!! If they cannot or do not provide how the average was computed, how do we know the rate was an actual average? — nonsense. This company should be reviewed by a regulatory agency.
They switched themselves as my 3rd party power supplier by stopping at my house and had my wife sign the form without start date. They said that he is from PSEG and my rate will go down. No mention about variable rate or start date. They then overcharged me for the last 6 months on my utilities–totaling $800.00 for the last 6 months over the prices that I would have been charged by PSE&G if they never switched me. It partially my fault for not checking my bills, and I just kept paying the bills until it became overwhelmingly overcharged–that’s when I really researched the bills. I called them directly and they say you have variable rate which was explained to your wife. Leads me to believe they have employees who mislead people. The customer service reps refuse to provide information on a supervisor over themselves. Now they are not ready o cancel the service before 2 months so will sit on my back for another 2 months and over charging me. If anyone is able to solve the problem please help..
I had the same problem with Palmco. I February my electric bill was outrageous so I examined my bill and found that the Palmco charge was much higher than the electric I used and I called the company. He gave me a song and dance about usage being up because of the hard winter and they were trying to keep costs down for their customers. I told him I wanted to switch companies and he offered me a 10% senior citizen discount. which would have amounted to $25 to stay with them. That bill was 235.68 just for them. I only had to wait one month to change suppliers but that was too long as my last bill from them, just for the power supply was $439. I now have an electric bill almost as high as my mortgage payment. I would suggest that everyone report this to the PUC and the state attorney generals office, who I understand is looking into these practices. I will also report them to the Better Business Bureau and the FTC. If we all do this maybe it will keep someone else from being harmed in this way.
I don’t know how Palmco got me as their customer. We never signed up for it. Last 2 years we were charged .06 ——–cents but last month I was surprised it went up to.32 cents- I guess that’s what they call variable. I switched recently to NAPower but it won”t be ready till maybe a couple of months to switch.
There are 2 charges, one for distribution charge (PSE&G and commodity charge for the electric supplier in this case Palmco). For one thing there is no communication written or verbal about what we are getting into!