Green Mountain Energy

About Green Mountain Energy

With their main offices in Houston, Texas, Green Mountain Energy provides electricity to 7 states in the nation and is considered a retail power marketer. With 359,273 total customers, the company provides electricity to 44,541 commercial accounts and 314,732 residential customers. The average residential electricity rate for Green Mountain Energy is around 13.42 cents per kilowatt hour, which is, thankfully, 4.93% lower than the average national price of 14.11 cents. The company had sales of 6,774,749 megawatt hours in 2020 sold to end users. The purchase of wholesale electricity made up 106.72% of the electricity sourced by the company. They earned $801,253,900 in 2020 from sales to retail customers alone.

The US average monthly residential electricity bill is $125.95, while the Green Mountain Energy average is 0.23% below at $125.67 per month. This is the 2005th lowest average monthly bill amount for a supplier in the country. The supplier currently does not produce any of the electricity that they sell. Instead, they must purchase that electricity at wholesale rates from other providers and then resell it to end consumers.