Atlantic City Electric

About Atlantic City Electric

Atlantic City Electric provides electricity to 8 counties and is considered an investor owned organization. A total of 335 industrial customers, 52,010 commercial accounts and 463,507 residential customer accounts are supplied electricity by the provider. Atlantic City Electric's consumers are billed an average residential electricity rate of 19.80 cents per kilowatt hour. Unfortunately, this is 17.86% more than New Jersey's average rate of 16.80 cents. Approximately 5,082,916 megawatt hours were sold by the supplier to retail accounts in 2021 and 1,230,865 megawatt hours were sold to other providers via whole channels. Wholesale power purchases made up 100.00% of the total electricity sourced by the company and 6,722,298 megawatt hours were procured via the wholesale electricity market. Their total revenue in 2021 from electricity related activities was $1,423,607,000, with 6.08% coming from sales to the wholesale market.

Customers of the supplier have an average residential power bill of $130.86. This is 0.01% below the US average bill of $130.88. 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.