American Power & Gas

About American Power & Gas

With their main offices in Seminole, Florida, American Power & Gas offers services 7 states throughout the United States and is considered a retail power marketer. Currently, 97,159 customers are provided electricity by the company. These customers are a mix of 54.27% commercial properties and 45.73% residential customer accounts. American Power & Gas' customers are billed an average electricity only residential price of 17.66 cents per kilowatt hour, resulting in the supplier ranking 173rd out of 142 in the US for average electricity only price. In 2023 American Power & Gas sold 1,408,416 megawatt hours via retail sales to end users. Wholesale power purchases made up 100.00% of the total electricity sourced by the company and 1,408,416 megawatt hours were procured by way of wholesale channels. The total revenue for American Power & Gas in 2023 was $252,443,700, which was earned entirely through electricity sales to retail customers.

The average monthly residential electric bill for an electricity only customer of American Power & Gas is $164.49 per month, while the nationwide average is $84.49. The company currently does not generate their own electricity. Instead, they must purchase that electricity at wholesale prices from other companies and then resell it at a higher rate to end consumers.