Discount Energy Group

About Discount Energy Group

With headquarters in Lakeville, Minnesota, Discount Energy Group supplies electricity to 4 states in the country. The residential electricity only rate for consumers of Discount Energy Group is, on average, 9.52 cents per kilowatt hour, which is, luckily, 24.67% less than the average US electricity only service price of 12.63 cents. In 2023 Discount Energy Group sold 100.00% of their total megawatt hours disposed via normal retail sales to end users. Wholesale power purchases made up 100.00% of all electricity sourced by the company . Exactly 80,860 megawatt hours were acquired via the wholesale electricity market. They made $7,795,500 in total revenue in 2023 through retail electricity sales alone.

The nationwide average monthly residential electricity only bill is $85.05, while the Discount Energy Group average is 16.83% higher at $99.36 per month. Discount Energy Group ranks 109th in the US for average monthly bill total. Electricity generation is not part of the Discount Energy Group business model, as they purchase electricity at wholesale rates from other companies and then resell to their end users.