Holyoke Gas and Electric

About Holyoke Gas and Electric

Holyoke Gas and Electric is a municipally owned entity operating in Holyoke, Massachusetts and rural areas of Hampden County. Electricity suppliers must regularly report their customer counts to government agencies. Most recently the provider listed a total of 17,921 customers being supplied electricity by the company. Exactly 21 of these customers are industrial properties, 2,904 are commercial accounts and 14,996 are residential accounts. Holyoke Gas and Electric's average residential electricity price per kilowatt hour is 15.92 cents per kilowatt hour, which is 45.01% less than the average Massachusetts rate of 28.95 cents. They had total sales and disposition of 406,138 megawatt hours in 2022, of which 389,345 megawatt hours were via retail sales. Power facilities owned by the company generated 57.96% of the megawatt hours sourced by the company and an additional 50.49% was purchased by way of the wholesale electricity market. In 2022, the provider earned 90.21% of their revenue from retail electricity sales to end users.

The US average monthly residential power bill is $132.69, while the Holyoke Gas and Electric average is 29.39% below at $93.7 per month. By total customers, Holyoke Gas and Electric is the 735th largest provider out of 3517 providers in the country. The company produces 100.00% of their total generation, which is 201,460 megawatt hours, from sustainable fuel types. The supplier is able to produce 201,460 megawatt hours from hydroelectric power sources, which makes them the 76th largest producer of hydroelectric power in the United States out of 3517 companies.