Abest Power & Gas

About Abest Power & Gas

Abest Power & Gas serves 3 states throughout the United States including New York, Massachusetts, and Connecticut. They are considered a retail power marketer. The most recent data reported by the company showed a total customer count of 3,311 accounts. Exactly 3,287 are residential customers and 24 are commercial accounts. Abest Power & Gas' consumers spend, on average, 17.32 cents per kilowatt hour for their electricity only service, which is 39.38% above the average nationwide electricity only service rate of 12.43 cents. The company had sales of 16,365 megawatt hours in 2023 through retail sales. Of the megawatt hours they sourced, 16,365 megawatt hours were obtained by way of the wholesale electricity market. Their total revenue in 2023 was $2,613,000 and came from sales to retail electricity customers alone.

The United States average monthly residential electricity only bill is $81.58, while the Abest Power & Gas average is 9.54% lower at $73.79 per month. This is the 61st lowest average monthly bill amount for a provider in the US. The provider currently does not produce their own electricity. Instead, they must purchase that electricity at wholesale prices and then resell it at a higher rate to end users.