Just looking at the numbers, I can get the same or better resists on Rad Armor (and Toxic Resist). Rad Armor also looks to come with more regen, -to-hit, asorb, a +rec power, taunt, +RCH and a T9 I'm more likely to use.
Electric has the self heal, more base +RCH (Rad Armor surpasses it with more enemies around), a damage aura (but Rad Armor has it's -to-hit/-defense taunting aura with two PBAOEs...tho I'd likely not grab Ground Zero if slots and power picks are limited).
This isn't to say I don't like Electric Armor, but that T9 could use some tweeks. 1000 second recharge (16 minutes) and at the end it drains you of almost all end and health? Maybe tone it down to +30% Resist All (from the base 52.5%) and lower that recharge, with less sever -End/-Rec/-Health. Right now, I use it and if things aren't dead, I can't even use Power Sink to recover the END, my toggles dropped and I have almost no health.
Taunt would be nice and a bit more Regen on Energize would be nice and maybe some Slow resist on Grounded or Static.
That said, with all the Halloween Badges I've gotten (All of them including the tip missions) I don't feel like rerolling the character now unless some NEW set pops up, that maybe entices me