Hooversville Boro Electric

About Hooversville Boro Electric

Hooversville Boro Electric is a municipally owned entity providing electricity in Hooversville, Pennsylvania. Electricity companies must regularly report their customer counts to government agencies. Recently the supplier reported a total of 355 customers receiving electricity from the company. Exactly 28 of these customers are commercial properties and 327 are residential properties. The average residential electricity price for customers of Hooversville Boro Electric is roughly 15.31 cents per kilowatt hour. This is 5.59% lower than the national average rate of 16.22 cents. In 2019 Hooversville Boro Electric sold 100.00% of their megawatt hours via normal retail sales to end users. The electricity sourced by the company primarily came from megawatt hours that they purchased by way of wholesale channels. They purchased 4,045 wholesale megawatt hours. In 2019, the company had $502,700 in total revenue solely through retail electricity sales.

The Pennsylvania average monthly residential electric bill is $140.64, while the Hooversville Boro Electric average is 9.47% less at $127.06 per month. This is the 34th lowest average monthly bill amount for a supplier in Pennsylvania. The provider currently does not produce any of the electricity that they sell. Instead, they must purchase that electricity at wholesale rates and then resell it to end users.