Atlantic Energy

About Atlantic Energy

With their main offices in Deerfield Beach, Florida, Atlantic Energy offers services 10 states throughout the US and is considered a retail power marketer. Currently, 38,888 customers are provided electricity by the company. These customers are a mix of 95.27% commercial properties and 4.73% residential customer accounts. Atlantic Energy's customers are billed an average electricity only residential price of 16.41 cents per kilowatt hour, which is 61.74% higher than the nationwide average electricity only rate of 10.14 cents. There were a total of 316,326 megawatt hours sold through retail sales in 2022 by the supplier. Wholesale power purchases made up 100.00% of the total electricity sourced by the company . Exactly 316,326 megawatt hours were acquired on wholesale channels. The supplier had a total of $56,737,600 in 2022 through electricity sales to retail consumers.

The average monthly residential electric bill for an electricity only customer of Atlantic Energy is $84.88 per month, while the nationwide average is $70.75. 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.