Calpine

About Calpine

Calpine provides electricity to 19 states in the nation including California, Texas, New York, Pennsylvania, and Illinois. They are considered a retail power marketer. On average, Calpine charges their consumers a residential electricity rate of 10.25 cents per kilowatt hour, which is 36.81% less than the US average price of 16.22 cents. In 2023 the company sold 49,802,343 megawatt hours to end users (known as retail sales) and 151,196,310 megawatt hours to other suppliers on the wholesale market. The electricity sourced by Calpine is made up primarily of megawatt hours they procured on wholesale channels. This category comprises 100.00% of all electricity sourced by the company. The total revenue for the company in 2023 from electricity sales was $10,753,668,300, with $7,102,860,000 coming from sales to the wholesale market and $3,650,808,300 from retail sales to end users.

The United States average monthly residential electric bill is $143.38, while the Calpine average is 7.57% lower at $132.52 per month. By megawatt hours generated, Calpine is the 13th largest provider out of 3530 in the country. Calpine is ranked as the 13th highest total electricity producer out of 3530 companies in the US. Generation by the supplier from natural gas totals 100,447,154.98 megawatt hours, which is about 94.39% of their total production.