Eligo Energy

About Eligo Energy

Eligo Energy is a retail power marketer providing electricity in 11 different states in the country. In addition, this service area encompasses 6918 cities within these states. With 90,823 customers, the company serves 82,117 residential locations and 8,706 commercial locations. Eligo Energy's consumers are charged an average electricity only residential rate of 12.09 cents per kilowatt hour, which is 19.18% above the national average electricity only rate of 10.14 cents. Roughly 976,272 megawatt hours were sold by the company to retail end users in 2022. The electricity sourced by the provider primarily came from megawatt hours that they acquired on wholesale channels. They purchased 976,272 on the wholesale market. Their total revenue in 2022 from electricity related activities was $117,572,300, with 100.00% coming from retail sales to end users.

The nationwide average monthly residential electricity only bill is $70.75, while the Eligo Energy average is 19.28% higher at $84.39 per month. Eligo Energy ranks 116th in the country for average monthly bill amount. The supplier currently does not generate any of the electricity that they sell. Instead, they must purchase that electricity at wholesale prices from other suppliers and then resell it to end users.