Macquarie Energy

About Macquarie Energy

Macquarie Energy is headquartered in Houston, Texas and supplies electricity in 2 states within the nation. With 6,970 customers, the supplier serves 6,968 residential customers and 2 commercial customers. Macquarie Energy charges their patrons an electricity only residential rate of 14.07 cents per kilowatt hour on average, which is 11.39% above the national average electricity only rate of 12.63 cents. The company sold 122,726 megawatt hours by way of retail sales in 2023. The electricity sourced by Macquarie Energy is made up primarily of megawatt hours they acquired by way of wholesale channels. This category makes up 100.00% of all electricity sourced by the company. In 2023, the provider earned 0.64% of their revenue from retail electricity sales and 99.36% via sales on the wholesale electricity market. Their revenue from all electricity related activities was $1,911,878,800.

The average monthly residential electric bill for an electricity only consumer of Macquarie Energy is $163.15 per month. Consumers of the company pay 91.84% more compared to the rest of the country. The company is not associated with any electricity generation facilities and all of the power that they sell to their customers must be purchased wholesale from other suppliers.