Amigo Energy

About Amigo Energy

Amigo Energy is a retail power marketer. The largest city served by the company is Houston, but the company also supplies electricity to 1032 cities in the state. There are 99,509 customers of the provider. Around 5.11% of them are commercial accounts and 94.89% of them are residential accounts. The residential electricity rate for consumers of Amigo Energy is, on average, 13.20 cents per kilowatt hour. This is, regrettably, 6.35% more than the state's average rate of 12.41 cents. They had sales of 1,518,014 megawatt hours in 2020 by way of retail sales. The electricity sourced by the company is made up primarily of megawatt hours they acquired on the wholesale market. Of the electricity sourced by the company, whole purchased made up 100.00%. The supplier had $189,706,900 in total revenue for 2020 from electricity-related activities, all of which came from retail sales to end-users.

The US average monthly residential electric bill is $125.95, while the Amigo Energy average is 18.08% higher at $148.72 per month. Amigo Energy ranks 2547th 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.