Mont Alto Electric Utility

About Mont Alto Electric Utility

Mont Alto Electric Utility is headquartered in Mont Alto, Pennsylvania and it supplies electricity in the citizens that call Mont Alto home. There are 723 customers of the company. About 96.54% of them are residential accounts, 2.07% of them are commercial accounts and 1.38% are industrial accounts. Mont Alto Electric Utility's average residential electricity price per kilowatt hour is 10.08 cents per kilowatt hour. This is 41.91% lower than Pennsylvania's average rate of 17.35 cents, ranking the company at 2nd best for average electricity rate out of 67 companies in Pennsylvania. Around 10,179 megawatt hours were sold by the supplier to retail accounts in 2019. During the same timeframe, Mont Alto Electric Utility purchased 11,055 megawatt hours by way of the wholesale market. In 2019, the total revenue of Mont Alto Electric Utility was $1,009,300, which was earned exclusively through electricity sales to retail customers.

Patrons of the supplier pay an average monthly residential electric bill of $105.99. This is 19.17% below the Pennsylvania average bill of $131.43. The company currently does not produce any of the electricity that they sell. Instead, they must purchase that electricity at wholesale rates from other companies and then resell it at a higher rate to end users.