Atlantic City Electric

About Atlantic City Electric

Atlantic City Electric provides electricity to 8 counties and is considered an investor owned organization. Atlantic City Electric's average residential electricity rate per kilowatt hour is 20.92 cents per kilowatt hour. Unfortunately, this is 19.53% more than the state's average price of 17.50 cents, ranking the supplier at 19th out of 21 suppliers in the state for lowest average electricity rate. About 5,373,646 megawatt hours were sold by the supplier to retail accounts in 2022 and 576,924 megawatt hours were sold to other providers via the wholesale market. The electricity sourced by Atlantic City Electric is made up primarily of megawatt hours they purchased on wholesale channels. This category comprises 100.00% of all electricity sourced by the company. Atlantic City Electric had $1,434,115,300 in 2022, $36,576,000 of which came from sales to wholesale electricity customers and $992,392,000 of which came from sales to residential energy users.

Customers of the supplier have an average monthly residential electric bill of $137.97. This is 22.84% higher than the New Jersey average of $107.66. The company is not associated with any electricity production plants and all of the electricity that they sell to their consumers must be purchased from other companies.