First Choice Power

About First Choice Power

First Choice Power is a retail power marketer. The largest county served by First Choice Power is Kings County, but the company also supplies electricity in 62 counties in New York. A total of 220 customers (13.64% commercial accounts and 86.36% residential customers) receive their electricity from the provider. First Choice Power's consumers pay an average electricity only residential rate of 17.73 cents per kilowatt hour, which is 21.63% above New York's average electricity only rate of 14.57 cents. This ranks the provider 42nd out of 64 suppliers in the state for best average electricity only rate. A total of 9,332 megawatt hours were sold to retail customers in 2023 by the provider. The electricity sourced by First Choice Power is made up primarily of megawatt hours they acquired by way of wholesale channels. Of the total electricity sourced by the company, whole purchased made up 100.00%. They had $1,463,800 in total revenue in 2023 from electricity-related activities, all of which came from retail sales to end-users.

The average monthly residential power bill for an electricity only consumer of First Choice Power is $579.3 per month. Patrons of the company are stuck with a 590.44% markup compared to the rest of the state. The supplier does not have ownership in any power plants and all of the electricity that they sell to their customers must be purchased from other companies.