Granite State Electric: Rates and Coverage Area

Granite State Electric

Electricity Rates, Plans & Statistics

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About Granite State Electric

Granite State Electric is an investor owned organization. The largest city served by the supplier is Manchester, but the company also provides electricity to 41 cities in the state of New Hampshire. Electricity companies must regularly report their customer counts to government agencies. Recently the provider listed 33,395 residential customers, 4,942 commercial customer accounts and 99 industrial customers signed up to receive electricity from the company. This is the entirety of their customers. Granite State Electric averages 35.41 cents per kilowatt hour billed to their patrons for residential electricity. Unfortunately for their customers, this rate is higher than both the New Hampshire and the nationwide average prices of 31.53 and 15.61 cents per kilowatt hour, respectively. In 2022 they sold 970 megawatt hours through wholesale channels to other companies. The electricity sourced consisted of megawatt hours acquired on wholesale channels. They purchased 484,071 wholesale megawatt hours. In 2022, they made a total of $141,974,000 from business activities relating to the sale and transfer of electricity. They had revenue of $112,995,700 coming from retail sales to end users and $231,100 from wholesale electricity sales.

The national average monthly residential electric bill is $133.26, while the Granite State Electric average is 63.88% more at $218.39 per month. Granite State Electric ranks 2892nd in the country for average monthly bill amount. The provider is not associated with any electricity facilities and all of the power that they sell to their consumers must be purchased from other suppliers.

Granite State Electric Net Metering

Granite State Electric is one of 6 companies in New Hampshire who offer net metering to their customers. This is a positive for any customer considering purchasing personal solar panels, as net metering allows them to sell their extra megawatt hours back into the grid.

Energy Loss

Granite State Electric has energy loss of 6.55% of their production during transmission. The state average for energy loss is 6.28% and the US average is 2.87%. This results in Granite State Electric getting a ranking of 3rd best out of 21 electricity providers in the state and 1189th best out of 3510 suppliers in the United States.

Granite State Electric Rate & Electric Bills

Granite State Electric residential electric rates are highest in January and the highest average bill is in April.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.394/kWh$0.142/kWh$292.20/mo.$88.02/mo.
2911th35.41¢Granite State Electric's Average residential price per kWh
2892nd$218.39Average monthly electricity bill for Granite State Electric's residential customers

Granite State Electric Overview

  • Company Type:Investor Owned
  • Parent Company:Liberty Utilities
  • Headquarters:15 Buttrick Road
    Londonderry, New Hampshire 03053
    United States of America
  • CEO:David Pasieka

Granite State Electric Contact

Granite State Electric Service

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Energy provider of the year for New Hampshire, Major Provider Category
Top 3 Lowest Energy Loss
New Hampshire, Major Provider Category
Claim Award
Energy provider of the year for New Hampshire, Major Provider Category
Lowest Energy Loss
New Hampshire, Major Provider Category
Claim Award

Energy Loss

Granite State Electric's energy loss due to business operations.


Total Energy Loss


1189 National Rank

Granite State Electric Coverage Map

Coverage Map Placeholder

Granite State Electric State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
New Hampshire37,541132,324,4474100%

Granite State Electric County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Cheshire County77,3501827.75$166.62/mo
Grafton County91,1262127.78$166.94/mo
Hillsborough County426,5941727.75$166.58/mo
Rockingham County319,4241927.83$167.19/mo
Sullivan County43,1051827.81$167.09/mo

Cities Granite State Electric Has Coverage

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

Granite State Electric Reviews

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Granite State Electric FAQ:

What company is Granite State Electric owned by?

Granite State Electric is a subsidiary of Liberty Utilities.

How many counties does Granite State Electric supply electricity to?

There are 5 counties that receive at least some electricity coverage by Granite State Electric including New Hampshire.

What is the phone number for Granite State Electric?

The Granite State Electric phone number is (905) 465-4500.

What is the average bundled electricity rate for Granite State Electric customers?

The average bundled rate of electricity for customers of Granite State Electric is 35.41 cents per kilowatt hour (¢/kWh).

What is the average bundled bill for Granite State Electric customers each month?

Customers of Granite State Electric pay, on average, a monthly bundled bill of $218.39.

Who is the CEO of Granite State Electric?

Granite State Electric's current CEO is David Pasieka.

What cities does Granite State Electric supply electricity to?

Granite State Electric serves electricity to 41 cities throughout the nation.

Matt Hope
Last Reviewed By: Matt Hope
Published: 2023-08-23