Green Mountain Energy

About Green Mountain Energy

Green Mountain Energy is a retail power marketer, which is a company that does business in deregulated electricity markets where consumers are able to purchase electricity from a multitude different providers. Recently, the company reported a total customer count of 359,273 accounts. Exactly 314,732 are residential properties and 44,541 are commercial customers. Patrons of Green Mountain Energy are billed an average residential electricity price of 13.42 cents per kilowatt hour. This is 1.86% below the US average rate of 13.67 cents, which ranks the supplier 1964th best for average electricity rate out of 2923 companies in the nation. In 2020 they had sales to end customers totaling 6,774,749 megawatt hours. The electricity sourced by the company primarily came from megawatt hours that they purchased on wholesale channels. They purchased 7,230,097 on the wholesale market. The company made $801,253,900 in total revenue in 2020 through retail electricity sales alone.

The US average monthly residential electricity bill is $120.97, while the Green Mountain Energy average is 3.88% more at $125.67 per month. Green Mountain Energy is the 1930th ranked company in the United States for average monthly bill total. 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.