Fairport Electric

About Fairport Electric

Fairport Electric is a municipally owned organization providing electricity in Monroe County, New York. Fairport Electric charges their consumers a residential electricity rate of 5.85 cents per kilowatt hour on average. Fortunately for their customers, this price is below both the New York and United States average prices of 21.11 and 15.77 cents per kilowatt hour, respectively. The company had sales of 414,515 megawatt hours in 2023 sold to end users. The electricity sourced by the company primarily came from megawatt hours that they acquired via the wholesale electricity market. They purchased 427,745 wholesale megawatt hours. In 2023, they made a total of $22,140,700 from business activities relating to the sale and transfer of electricity. They had revenue of $21,938,000 from retail sales to end users.

Consumers of the supplier have an average monthly residential power bill of $76.33. This is 40.77% lower than the state average of $133.4. Customers of the provider deal with 0.3 electrical outages on average per year, with outages lasting around 14.8 minutes on average. The national averages for outages and duration are 1.44 outages at 123.49 minutes each. The company currently does not generate any of the electricity that they sell. Instead, they must purchase that electricity at wholesale prices and then resell it to end users.