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 10 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 44,293 accounts, 168 of which are industrial accounts, 14,031 are commercial accounts and 30,094 are residential accounts. First Point Power's average electricity only residential rate per kilowatt hour is 10.74 cents per kilowatt hour, which is 26.90% more than the nationwide average electricity only rate of 8.46 cents. In 2020 First Point Power sold 95.57% 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 1,401,239 megawatt hours procured by the company. They made $123,458,800 in 2020, which came entirely from electricity sales to end users.

Customers of the provider pay an average monthly residential electricity only bill of $74.74. This is 20.75% higher than the national average bill of $61.89. 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.

Energy Loss

Electricity providers routinely submit data for energy lost through heat dissipation and other causes to government agencies who track infrastructure efficiencies. First Point Power recently reported a loss of 4.43% of their electricity production. First Point Power's energy loss amounts place them at of best out of 3509 in the United.

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.
150th10.74¢First Point Power's Average residential price per kWh
155th$74.74Average 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

    Energy Loss

    First Point Power's energy loss due to business operations.

    -4.43%

    Total Energy Loss

    62,111MWh

    763 National Rank

    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
    Connecticut1,9529,495,40028
    Delaware87157,500460.26%
    Maine1,13410,478,800180.67%
    Maryland2392,900830.05%
    Massachusetts32,91167,104,8001887.99%
    New Hampshire5,20623,304,200136.86%
    New Jersey176948,100830.12%
    Ohio1100108
    Pennsylvania5541,876,8001000.47%
    Rhode Island2,24910,000,200103.58%

    First Point Power County Coverage

    CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
    Androscoggin County111,1391619.73$114.62/mo
    Aroostook County67,1051920.71$115.31/mo
    Barnstable County228,9963525.31$148.29/mo
    Belknap County63,7051821.75$141.80/mo
    Berkshire County129,0263525.21$147.43/mo
    Bristol County579,2003825.24$149.59/mo
    Carroll County50,1071821.67$141.35/mo
    Cheshire County76,4581821.23$136.40/mo
    Coos County31,2681721.46$140.73/mo
    Cumberland County303,0691619.73$114.62/mo

    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 10 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 $74.74, compared to the US of $61.89 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 10.74 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.

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