Energy Services Providers

About Energy Services Providers

Energy Services Providers supplies electricity to 9 states throughout the nation. Electricity providers must regularly report the total number of customers signed on for their services to government agencies. In the most recent report the company reported 96,557 customers receiving their services. Around 84,408 of these are residential accounts and 12.58% are commercial accounts. Energy Services Providers' consumers are billed an average electricity only residential price of 11.41 cents per kilowatt hour, which is 36.76% higher than the US average electricity only rate of 8.34. The supplier sold 1,084,282 megawatt hours by way of retail sales in 2021. The electricity sourced by the company is made up primarily of megawatt hours they procured by way of the wholesale market. Of the electricity sourced by the company, whole purchased made up 100.00%. They earned $118,056,000 in 2021, which they earned entirely from sales to retail customers.

Customers of the company pay an average monthly residential electricity only bill of $79.43. This is 31.36% above the nationwide average bill of $60.47. The company currently does not produce their own electricity. Instead, they must purchase that electricity at wholesale rates and then resell it at a higher rate to end users.