EnergyMark

About EnergyMark

With headquarters in Williamsville, New York, EnergyMark provides electricity to 54 counties throughout the state. A total of 7,214 customers (158 industrial customers, 3,354 commercial accounts and 3,702 residential accounts) receive their electricity from the company. EnergyMark bills their customers an electricity only residential rate of 6.58 cents per kilowatt hour on average. This is, fortunately for their patrons, 40.46% below the state's average electricity only rate of 11.04 cents, resulting in the provider ranking best for average electricity only rate out of 69 suppliers in the state. Around 684,070 megawatt hours were sold by the provider to retail accounts in 2022. The electricity sourced by the provider primarily came from megawatt hours that they acquired by way of wholesale channels. They purchased 684,070 on the wholesale market. They earned a total of $40,513,900 for 2022 through electricity sales to retail consumers.

Consumers of the company have an average residential electricity only bill of $35.45. This is 45.82% less than the state average of $67.87. The supplier currently does not produce any of the electricity that they sell. Instead, they must purchase that electricity at wholesale prices and then resell it at a higher rate to end users.