Heritage Power: Rates and Coverage Area

Heritage Power

Electricity Rates, Plans & Statistics

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About Heritage Power

Heritage Power has their head offices in McAllen, Texas and supplies electricity in 254 counties in the state. The supplier has 3,675 residential customers and 844 commercial accounts that they supply. Heritage Power's patrons are charged an average residential electricity price of 13.65 cents per kilowatt hour, which is 11.74% below the average Texas price of 15.47 cents. They engaged in both the end user sales and the wholesale electricity market in 2023, with sales to end users totaling 92,934 megawatt hours and wholesale sales totaling 2,704,873 megawatt hours. Of the megawatt hours they sourced, 2,804,661 megawatt hours were purchased via the wholesale electricity market. The total revenue for Heritage Power in 2023 from electricity sales was $116,586,500, with $105,049,000 coming from wholesale electricity sales and $11,537,500 from retail sales to end users.

The average monthly residential electric bill for a customer of Heritage Power is $174.49 per month. The provider 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 users.

Energy Loss

Heritage Power currently has a loss of approximately 0.24% of the electricity that they produce. This percentage of loss gives them a ranking of 68th best out of 3530 providers who report energy loss in the US.

Heritage Power Rate & Electric Bills

Heritage Power residential electric rates are highest in October and the highest average bill is in August.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.143/kWh$0.053/kWh$253.26/mo.$6.37/mo.
1378th13.65¢Heritage Power's Average residential price per kWh
2396th$174.49Average monthly electricity bill for Heritage Power's residential customers

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Heritage Power Overview

  • Company Type:Retail Power Marketer
  • Parent Company:GenOn Energy Inc
  • Headquarters:3900 North 10th Street Suite 910
    McAllen, Texas 78501
    United States of America
  • CEO:Michael Tackett

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Heritage Power Service

    Energy Loss

    Heritage Power's energy loss due to business operations.

    -0.24%

    Total Energy Loss

    6,854MWh

    68 National Rank

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    Heritage Power State Coverage

    StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
    Texas4,51812,012,123.2156100%

    Heritage Power County Coverage

    CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
    Anderson County58,1335015.44$169.36/mo
    Andrews County18,1844815.50$169.80/mo
    Angelina County87,1015115.48$169.64/mo
    Aransas County24,1494915.49$169.79/mo
    Archer County8,6165215.52$170.09/mo
    Armstrong County1,980417.40$113.05/mo
    Atascosa County48,6845015.00$170.53/mo
    Austin County30,1325215.45$170.06/mo
    Bailey County6,968225.30$506.71/mo
    Bandera County20,839112.70$150.82/mo

    Cities Heritage Power Has Coverage

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

    Heritage Power Reviews

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    Heritage Power FAQ:

    What is the phone number for Heritage Power?

    Heritage Power's customer service phone number is (888) 551-0373

    How much is the average bundled bill for Heritage Power customers each month?

    Customers of Heritage Power pay, on average, a monthly bundled bill of $174.49.

    Does Heritage Power have a parent company?

    Heritage Power is a subsidiary of GenOn Energy Inc.

    What is the average bundled electricity rate for Heritage Power customers?

    Customers of Heritage Power, on average, have an electricity bundled rate 13.65 cents per kilowatt hour (¢/kWh).

    Who is the CEO of Heritage Power?

    Heritage Power's current CEO is Michael Tackett.

    How many counties does Heritage Power offer service in?

    There are 254 counties that receive at least some electricity coverage by Heritage Power.

    What cities does Heritage Power supply electricity in?

    Heritage Power has customers in 1367 cities in the US including Texas.

    Matt Hope
    Last Reviewed By: Matt Hope
    Published: 2024-11-12