Metropolitan Edison Company

About Metropolitan Edison Company

Metropolitan Edison Company provides electricity to 14 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 460,147 customer accounts receiving electricity from the supplier. These customer accounts are made up of 0.05% industrial customers, 8.96% commercial properties and 91.00% residential customers. Customers of Metropolitan Edison Company spend, on average, 17.24 cents per kilowatt hour for their residential electricity, which is, unfortunately, 6.77% above the average national rate of 16.15 cents. In 2023 the company sold 5,534,231 megawatt hours to end users (known as retail sales) and 70,648 megawatt hours to other companies via the wholesale market. Wholesale power purchases made up 100.00% of all electricity sourced and 5,834,489 megawatt hours were acquired via wholesale channels. In 2023 they had total electricity related revenue of $1,116,630,800, with 82.08% coming from retail sales and 0.19% from wholesale sales.

The state average monthly residential electric bill is $64.2, while the Metropolitan Edison Company average is 62.55% more at $153.25 per month. Metropolitan Edison Company is the 5th ranked provider in the state for average monthly bill amount. The power grid owned by the provider has an average of 1.24 outages per consumer per year, with outages lasting roughly 208.91 minutes. The US average for other companies is 1.44 outages per consumer and 123.49 minutes each outage. The company currently does not generate any of the electricity that they sell. Instead, they must purchase that electricity at wholesale rates from other suppliers and then resell it to end consumers.