Austin Energy

About Austin Energy

Austin Energy is headquartered in Austin, Texas and supplies electricity in 2 counties in the state. There are a total of 533,427 customers who are receiving service from the provider. These accounts are made up of 0.02% industrial properties, 10.11% commercial locations and 89.86% residential properties. Austin Energy bills their consumers a residential electricity price of 11.85 cents per kilowatt hour on average, which is 15.42% below the average state rate of 14.01 cents. Of the 16,149,412 megawatt hours Austin Energy sold and dispossessed, 88.46% were from sales to end users and 8.27% were from wholesale sales to other suppliers. Of the megawatt hours they sourced, 7,833,633 of them were generated by plants owned by the company and 9,294,197 megawatt hours were acquired by way of wholesale channels. In 2022 they had total electricity related revenue of $1,590,995,400, with 90.65% coming from retail sales and 3.85% from wholesale customers.

The nationwide average monthly residential power bill is $132.69, while the Austin Energy average is 19.80% below at $106.42 per month. The provider generates 123rd megawatt hours from non-renewable fuel types a year, ranking them 123rd out of 3517 companies in the United States. Austin Energy is the 82nd largest supplier out of 3517 providers in the nation based on total megawatt hours sold. The company is the 97th highest generator of megawatt hours from burning coal in the nation out of 3517 electricity providers .