Hudson Energy

About Hudson Energy

Hudson Energy is a retail power marketer headquartered in Houston, Texas and supplying electricity to customers in 9 states in the United States. Electricity suppliers must regularly report the total number of customers they have to government agencies. On the most recent reports the company disclosed a total of 41,951 customers being supplied electricity by the company. Exactly 5,174 of these are residential accounts and 36,777 are commercial accounts. Hudson Energy's patrons purchase electricity for, on average, 9.91 cents per kilowatt hour, which is 35.63% below the average national rate of 15.39 cents. Of the 7,531,112 megawatt hours Hudson Energy sold and dispossessed, 7,531,112 were via sales to end users. During the same timeframe, Hudson Energy procured 7,531,112 megawatt hours by way of wholesale channels. The total revenue of Hudson Energy in 2021 was $613,080,800, which was earned entirely through electricity sales to retail customers.

The US average monthly residential power bill is $130.88, while the Hudson Energy average is 1.52% less at $128.89 per month. The company currently does not generate any of the electricity that they sell. Instead, they must purchase that electricity at wholesale prices from other companies and then resell it at a higher rate to end consumers.