Median Energy

About Median Energy

Median Energy is a retail power marketer with headquarters in Mahwah, New Jersey and serving customers in 4 states in the nation including in major cities such as Philadelphia, Newark, Pittsburgh, Jersey City, and Paterson. There are 268 commercial customers and 5,850 residential customers who are receiving electricity from the supplier. Median Energy has an average electricity only residential rate of 15.42 cents per kilowatt hour, which is, unfortunately for their consumers, 84.82% above the average US electricity only service price of 8.34 cents. Of the 33,109 megawatt hours Median Energy sold and dispossessed, 100.00% were from retail sales. During the same timeframe, Median Energy procured 33,109 megawatt hours via the wholesale electricity market. Median Energy made $5,018,800 in 2021 from electricity sales to end users alone.

The national average monthly residential electricity only bill is $60.47, while the Median Energy average is 10.37% higher at $66.74 per month. Median Energy ranks 99th 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.