McGrath Light & Power

About McGrath Light & Power

McGrath Light & Power is headquartered in McGrath, Alaska and they serve electricity in the citizens that call McGrath home. A total of 348 customers (122 commercial customers and 226 residential properties) are supplied electricity by the company. On average, McGrath Light & Power's residential electricity price is 98.32 cents per kilowatt hour, which is 299.15% more than Alaska's average price of 24.63 cents and 506.22% above the nationwide average of 16.22 cents. They had sales of 1,935 megawatt hours in 2019 sold to end users. The electricity sourced was made up of megawatt hours that they purchased on the wholesale market. They purchased 2,135 wholesale megawatt hours. In 2019 the company had total electricity related revenue of $1,360,700, with 95.35% coming from retail sales.

The nationwide average monthly residential electricity bill is $143.38, while the McGrath Light & Power average is 49.57% higher at $214.45 per month. McGrath Light & Power is the 2780th ranked provider in the United States for average monthly bill total. McGrath Light & Power is the 2914th largest provider out of 3530 electricity companies in the US based on total megawatt hours sold. McGrath Light & Power generates 2,022 megawatt hours from their electricity plants, ranking them as the 612th highest generator of electricity out of 3530 electricity suppliers in the nation. Electricity production is not handled in house at the company, as they purchase electricity at wholesale rates and then resell to their consumers.