Amigo Energy

About Amigo Energy

With headquarters in Houston, Texas , Amigo Energy offers electricity services 254 counties in Texas. Amigo Energy 's average residential electricity price per kilowatt hour is 15.51 cents per kilowatt hour. This is 4.39% less than the national average rate of 16.22 cents, resulting in the supplier ranking 2051st out of 2885 providers in the United States for best average electricity rate. Of the 2,191,325 megawatt hours the provider sold and dispossessed, 2,191,325 were via sales to end users. The electricity sourced by the company is made up of primarily wholesale purchased megawatt hours, with 2,191,325 megawatt hours procured by the company. The company made $311,783,400 in 2023. The entirety of the revenue came from sales to retail customers alone.

The US average monthly residential electric bill is $143.38, while the Amigo Energy average is 28.17% higher at $183.77 per month. Amigo Energy ranks 2528th in the US for average monthly bill total. 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.