Metropolitan Edison Company

About Metropolitan Edison Company

Metropolitan Edison Company provides electricity to 15 counties in the state including counties like Montgomery County, Bucks County, Lancaster County, Chester County, and York County. The company is an investor owned organization. There are 434,228 customer accounts receiving electricity from the supplier. These customer accounts are made up of 0.04% industrial customers, 9.15% commercial properties and 90.81% residential customers. Customers of Metropolitan Edison Company spend, on average, 13.05 cents per kilowatt hour for their electricity, which is, fortunately, 4.51% below the average national rate of 13.67 cents. In 2020 the company sold 5,026,699 megawatt hours to end users (known as retail sales) and 28,818 megawatt hours to other companies via the wholesale market. Wholesale power purchases made up 100.00% of all electricity sourced and 5,401,638 megawatt hours were acquired via wholesale channels. In 2020 they had total electricity related revenue of $808,260,300, with 72.87% coming from retail sales and 0.08% from wholesale sales.

The state average monthly residential electric bill is $109.45, while the Metropolitan Edison Company average is 12.65% more at $124.76 per month. Metropolitan Edison Company is the 58th ranked provider in the state for average monthly bill amount. The provider currently does not produce their own electricity. Instead, they must purchase that electricity at wholesale prices from other companies and then resell it to end users.