Freeport Electric
Electricity Rates, Plans & Statistics
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About Freeport Electric
Freeport Electric is headquartered in Freeport, New York and they serve the citizens living in the city. Electricity suppliers must regularly report the number of customers they have to government agencies. Recently the company reported 14,600 customers signed up for their services. About 12,285 of these are residential accounts and 15.86% are commercial accounts. Freeport Electric's average residential electricity rate per kilowatt hour is 14.63 cents per kilowatt hour, which is 9.82% below the US average rate of 16.22 cents. This ranks the supplier 1764th out of 2885 companies in the US for lowest average electricity rate. Of the 275,129 megawatt hours the provider sold and dispossessed, 88.53% were from sales to end users and 8.21% were from wholesale sales to other electricity suppliers. Electricity generation and wholesale power purchases made up 7.43% and 92.57%, respectively, of all electricity sourced. Electricity plants the company owns produced 20,438 megawatt hours and an additional 254,691 were acquired on the wholesale market. In 2023, they made a total of $36,260,000 from business activities relating to the sale and transfer of electricity. They had 1.58% of their revenue come from wholesale electricity sales and 91.65% from retail sales to end users.
The average monthly residential power bill for a consumer of Freeport Electric is $125.43. Patrons of the company pay 12.52% less compared to the rest of the US. Freeport Electric produces 24,572 megawatt hours from their production plants, ranking them as the 52nd largest generator of electricity of all 103 electricity providers in the state. The company currently does not generate their own electricity. Instead, they must purchase that electricity at wholesale prices and then resell it at a higher rate to end customers. Electricity generation facilities owned by the company use non-renewable fuel sources to generate 100.00% of their total electricity production, or 24,572 megawatt hours. They rank 352nd out of 3530 companies in the United States.
Energy loss is part of the process when dealing with electricity transmission. Freeport Electric currently averages a loss of approximately 3.26% of the electricity they produce. The state of New York has an energy loss average of 1.52% and the US average is 2.43%, resulting in Freeport Electric receiving a rank of 18th best out of 103 companies reporting energy loss in New York.
Freeport Electric Rate & Electric Bills
Freeport Electric residential electric rates are highest in November and the highest average bill is in July.
Historical Electricity Rates:
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Freeport Electric Overview
- Company Type:Municipal
- Headquarters:46 North Ocean Avenue
Freeport, New York 11520
United States of America - Director/Superintendent:Al Livingston, Jr.
Freeport Electric Contact
- Website:www.freeportelectric.com
- Customer Service Phone:(516) 377-2262
- Contact Page:www.freeportelectric.com
Freeport Electric Service
- Rates & Plans:www.freeportelectric.com
- Outage Map:oms.freeportny.gov
- Outage Phone:(516) 378-0146
- States Served:
- New York
- Counties Served:
- Nassau County
- Major Cities Served:
Quick Facts About Freeport Electric
Freeport Electric is the 16th largest supplier out of 103 providers in New York based on number of customers.
Freeport Electric consumers experience outages that were on average 7.34 minutes per incident, with approximately 0.09 outages a year.
Freeport Electric ranks 281st in the nation out of 3530 suppliers for total electricity generation from natural gas.
Energy Loss
Freeport Electric's energy loss due to business operations.
Total Energy Loss
8,980MWh
607 National Rank
Grid Reliability
Length & Frequency of Freeport Electric's Power Outages
7.34 min.
vs. national average of 123.49 min.
0.09 outages/yr
vs. national average of 1.44
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Freeport Electric Coverage Map
Freeport Electric State Coverage
| State | Customers | Sales ($) | State Rank Based On Revenue | % of Provider's Residential Sales in State |
|---|---|---|---|---|
| New York | 14,479 | 36,189,572.5 | 13 | 100% |
Freeport Electric County Coverage
| County | Population | Providers | Avg. County Rate (¢) | Avg. Electric Bill |
|---|---|---|---|---|
| Nassau County | 1,383,726 | 61 | 30.13 | $610.05/mo |
Freeport Electric Reviews
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Freeport Electric FAQ:
What is the phone number for Freeport Electric?
You can reach Freeport Electric by phone via (516) 377-2262.
What is the average bundled electricity rate for Freeport Electric customers?
Freeport Electric's current average bundled electricity rate is 14.63 cents per kilowatt hour (¢/kWh), compared to the average state bundled rate of 22.66 cents and the average United States rate of 16.22 cents.
How much is the average bundled bill for Freeport Electric customers each month?
Customers of Freeport Electric pay, on average, a monthly bundled bill of $125.43.
What percentage of Freeport Electric's electricity is produced using nonrenewable fuels?
Freeport Electric generates 100.00% of their electricity using nonrenewable fuels.
Who is the CEO of Freeport Electric?
Freeport Electric's current CEO is Al Livingston, Jr..
What percentage of Freeport Electric's electricity is produced from renewable fuel sources?
Electric facilities owned by or associated with Freeport Electric produce 0% of their electricity using renewable fuel types.
When will Freeport Electric power be restored?
Average outage times for Freeport Electric are around 7.34 minutes per outage.
