First Point Power

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About First Point Power

First Point Power is a retail power marketer with headquarters in Cranston, Rhode Island and supplying electricity to customers in 9 states in the US including in major cities such as Boston, Worcester, Springfield, Bridgeport, and Stamford. The most recent data reported by the company showed a customer base of 43,463 accounts, 217 of which are industrial accounts, 13,849 are commercial accounts and 29,397 are residential accounts. First Point Power's average electricity only residential rate per kilowatt hour is 10.83 cents per kilowatt hour, which is 29.76% more than the nationwide average electricity only rate of 8.34 cents. In 2021 First Point Power sold 100.00% of their disposition via normal retail sales to end users. The electricity sourced by First Point Power is made up of primarily wholesale purchased megawatt hours, with 1,547,662 megawatt hours procured by the company. They made $140,766,600 in 2021, which came entirely from electricity sales to end users.

Customers of the provider pay an average monthly residential electricity only bill of $76.33. This is 26.22% higher than the national average bill of $60.47. The company currently does not produce their own electricity. Instead, they must purchase that electricity at wholesale rates from other suppliers and then resell it to end customers.

First Point Power Rate & Electric Bills

First Point Power residential electric rates are highest in January and the highest average bill is in April.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.109/kWh$0.094/kWh$88.10/mo.$69.62/mo.
145th10.83¢First Point Power's Average residential price per kWh
151st$76.33Average monthly electricity bill for First Point Power's residential customers

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First Point Power Overview

  • Company Type:Retail Power Marketer
  • Headquarters:2000 Chapel View Boulevard Suite 450
    Cranston, Rhode Island 02920
    United States of America
  • CEO:Peter Schieffelin

First Point Power Contact

First Point Power Service

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    Energy provider of the year for Rhode Island, Major Provider Category
    Lowest Energy Loss
    Rhode Island, Major Provider Category
    Claim Award
    Energy provider of the year for Maine, Major Provider Category
    Lowest Average Residential Monthly Bill
    Maine, Major Provider Category
    Claim Award
    Energy provider of the year for Maine, Major Provider Category
    Top 3 Lowest Residential Electricity Rate
    Maine, Major Provider Category
    Claim Award

    First Point Power Coverage Map

    Coverage Map Placeholder

    First Point Power State Coverage

    StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
    Connecticut2,09711,466,20026
    Delaware55132,500480.25%
    Maine1,43614,723,000170.54%
    Maryland620,400850.04%
    Massachusetts32,73478,347,9001689.55%
    New Hampshire4,63423,945,400106.32%
    New Jersey63313,300920.05%
    Pennsylvania217715,2001110.22%
    Rhode Island2,22111,100,400123.04%
    9 states with service

    First Point Power County Coverage

    CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
    Androscoggin County110,3781621.22$122.55/mo
    Aroostook County67,2721922.02$122.37/mo
    Barnstable County227,9423526.88$155.22/mo
    Belknap County63,3951823.61$152.23/mo
    Berkshire County129,0893526.74$153.98/mo
    Bristol County576,0703826.71$156.60/mo
    Carroll County49,9611823.51$151.79/mo
    Cheshire County76,4731823.66$150.21/mo
    Coos County31,3601723.36$151.60/mo
    Cumberland County300,7761621.22$122.55/mo
    48 counties with coverage

    Cities First Point Power Has Coverage

    * City coverage generated based on government data. Always verify you can get service from the provider.

    First Point Power Reviews

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    First Point Power FAQ:

    How many states does First Point Power offer service in?

    First Point Power supplies electricity in 9 states in the US.

    What cities does First Point Power supply electricity in?

    First Point Power has customers in 548 cities.

    Who is the CEO of First Point Power?

    The current CEO of First Point Power is Peter Schieffelin.

    What is the average energy bill for First Point Power customers each month?

    First Point Power currently has an average monthly energy electric bill of $76.33, compared to the US of $60.47 for energy service.

    What is the average ENERGY electricity rate for First Point Power customers?

    Consumers of First Point Power, on average, have an electricity ENERGY rate 10.83 cents per kilowatt hour (¢/kWh).

    What is the phone number for First Point Power?

    The First Point Power phone number is (888) 875-1711.

    How many counties does First Point Power provider electricity in?

    There are 48 counties that receive at least some electricity coverage by First Point Power.

    Alex Zdanov
    Last Reviewed By: Alex Zdanov
    Published: 2022-08-01