Major Energy Electric Services

About Major Energy Electric Services

Major Energy Electric Services is a retail power marketer supplying electricity in 10 states within the United States. This coverage area also includes 5710 cities within these states. Electricity companies must regularly report the number of customers they have to government agencies. In the most recent report the company reported 45,500 customers signed up for their services. Exactly 3,980 of these customers are commercial accounts and 41,520 are residential properties. Customers of Major Energy Electric Services are charged an average electricity only residential rate of 14.38 cents per kilowatt hour, which is 13.86% more than the nationwide average electricity only price of 12.63 cents. There were a total of 524,022 megawatt hours sold through retail sales in 2023 by the provider. The electricity sourced by the supplier primarily came from megawatt hours that they acquired by way of the wholesale market. They purchased 559,480 wholesale megawatt hours. The total revenue for Major Energy Electric Services for 2023 from electricity sales was $71,918,000, with 100.00% coming from retail sales to end users.

The US average monthly residential electricity only bill is $85.05, while the Major Energy Electric Services average is 38.15% higher at $117.49 per month. Major Energy Electric Services ranks 145th in the United States for average monthly bill amount. The provider is not associated with any electricity facilities and all of the megawatt hours that they sell to their customers must be purchased from other providers.