Atlantic Energy

About Atlantic Energy

With their main offices in Deerfield Beach, Florida, Atlantic Energy offers services 10 states throughout the United States and is considered a retail power marketer. Currently, 21,446 customers are provided electricity by the company. These customers are a mix of 10.99% commercial properties and 89.01% residential customer accounts. Atlantic Energy's customers are billed an average electricity only residential price of 22.48 cents per kilowatt hour, resulting in the supplier ranking 210th out of 142 in the US for average electricity only price. In 2023 Atlantic Energy sold 162,248 megawatt hours via retail sales to end users. Wholesale power purchases made up 100.00% of the total electricity sourced by the company and 162,248 megawatt hours were procured by way of wholesale channels. The total revenue for Atlantic Energy in 2023 was $36,816,300, which was earned entirely through electricity sales to retail customers.

The average monthly residential electric bill for an electricity only customer of Atlantic Energy is $118.27 per month, while the nationwide average is $81.58. 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.