Median Energy

About Median Energy

Median Energy is a retail power marketer with headquarters in Mahwah, New Jersey and serving customers in 6 states in the nation including in major cities such as New York, Philadelphia, Columbus, Washington, and Cleveland. Median Energy averages 17.94 cents per kilowatt hour for electricity only billed to their consumers for residential electricity, which is 42.01% more than the nationwide average electricity only rate of 12.63 cents. They had total sales and disposition of 60,202 megawatt hours in 2023, of which 60,202 megawatt hours were from retail sales. Wholesale power purchases made up 100.00% of all electricity sourced by the company . Exactly 60,202 megawatt hours were acquired on the wholesale market. Their total revenue for 2023 from electricity related activities was $10,724,400, the entirety of which came from retail sales to end users.

The national average monthly residential electricity only bill is $85.05, while the Median Energy average is 22.40% higher at $104.09 per month. Median Energy ranks 120th in the United States for average monthly bill total. Electricity production is not part of the Median Energy business plan, as they purchase electricity at wholesale rates to then be resold to their end users.