Columbia Utilities

About Columbia Utilities

Columbia Utilities is a retail power marketer. A retail power marketer is a company that offers their services in deregulated electricity markets where customers can purchase electricity from a multitude different providers. At the moment, there are 18,366 customers of the company. Roughly 82.92% of them are residential properties and 17.08% of them are commercial customers. On average, Columbia Utilities' residential electricity only rate is 7.98 cents per kilowatt hour, ranking the company at 6th out of 69 companies in New York and 14th out of 150 in the nation for average electricity only rate. In 2022 the company sold 226,111 megawatt hours via retail sales to end users. Wholesale power purchases made up 100.00% of the total electricity sourced . Exactly 226,111 megawatt hours were acquired on wholesale channels. In 2022, the total revenue for Columbia Utilities was $17,837,500, which was earned exclusively through electricity sales to retail customers.

The New York average monthly residential electricity only bill is $67.06, while the Columbia Utilities average is 23.13% lower at $49.95 per month. This is the 7th lowest average monthly bill amount for a supplier in New York. The provider currently does not generate their own electricity. Instead, they must purchase that electricity at wholesale prices and then resell it at a higher rate to end customers.