Family Energy

About Family Energy

Family Energy provides electricity to 740 cities in New York such as the cities of New York, Buffalo, Yonkers, Rochester, and Syracuse. The organization is a retail power marketer. Electricity providers must regularly report the total number of customers they have to government agencies. Most recently the supplier disclosed 44,859 customers signed on for their services. Exactly 6,676 of these customers are commercial properties and 38,183 are residential properties. Family Energy charges their patrons an electricity only residential rate of 8.34 cents per kilowatt hour on average, which is, thankfully, 1.38% below the average US electricity only service rate of 8.46 cents. Approximately 561,946 megawatt hours were sold by the company to retail customers in 2020. Of the megawatt hours they sourced, 561,946 megawatt hours were purchased via the wholesale electricity market. The company had a total of $46,921,000 in 2020 through electricity sales to retail consumers.

The nationwide average monthly residential electricity only bill is $61.89, while the Family Energy average is 27.13% lower at $45.1 per month. The company does not have ownership in any power plants and all of the power that they sell to their customers must be purchased from other providers.