MP2 Energy

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About MP2 Energy

With their main offices in The Woodlands, Texas, MP2 Energy offers electricity services 15 states in the United States and is classified as a retail power marketer. At the moment, 31,419 consumers are supplied electricity by the provider. These customers are a mix of 711 industrial accounts, 6,548 commercial customers and 24,160 residential customers. MP2 Energy averages 10.50 cents per kilowatt hour billed to their customers for residential electricity . This is below nationwide average rate of 14.84 cents per kilowatt hour. In 2021 MP2 Energy sold 17,139,226 megawatt hours to end users (known as retail sales). Of the megawatt hours they sourced, 18,537,851 megawatt hours were purchased via the wholesale market. Their total revenue in 2021 from electricity related activities was $1,037,550,000, with 100.00% coming from retail sales to end users.

The national average monthly residential power bill is $131.84, while the MP2 Energy average is 9.53% less at $119.28 per month. This is the 1652nd lowest average monthly bill amount for a provider in the US. Electricity generation is not part of the MP2 Energy business model, as they purchase electricity at wholesale rates to then be resold to their consumers.

Energy Loss

MP2 Energy reported a yearly loss of about 7.54% of the electricity that they produce. Loss of energy due to heat dissipation during electricity transmission and other causes is part of operating in the electricity generation business and electricity providers must report these losses. This percentage of loss gives them a rank of 1322nd best out of 3509 suppliers reporting energy loss in the nation.

MP2 Energy Rate & Electric Bills

MP2 Energy residential electric rates are highest in January and the highest average bill is in November.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.138/kWh$0.093/kWh$119.28/mo.$53.57/mo.
599th10.50¢MP2 Energy's Average residential price per kWh
1652nd$119.28Average monthly electricity bill for MP2 Energy's residential customers

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MP2 Energy Overview

  • Company Type:Retail Power Marketer
  • Parent Company:Shell Energy North America
  • Headquarters:21 Waterway Avenue Suite 450
    The Woodlands, Texas 77380
    United States of America
  • CEO:David M. Black

MP2 Energy Contact

MP2 Energy Service

    Go Solar for as low as $79/mo

    Energy provider of the year for Texas, Major Provider Category
    Top 3 Lowest Average Residential Monthly Bill
    Texas, Major Provider Category
    Claim Award

    Energy Loss

    MP2 Energy's energy loss due to business operations.

    -7.54%

    Total Energy Loss

    1,398,625MWh

    1322 National Rank

    MP2 Energy Coverage Map

    Coverage Map Placeholder

    MP2 Energy State Coverage

    StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
    Connecticut7023,175,40035
    Delaware58312,30044
    District of Columbia931,402,40032
    Illinois3,19588,549,60021
    Maine25453,90036
    Maryland52117,908,20024
    Massachusetts1333,500,80055
    New Hampshire27262,70034
    New Jersey1,81345,230,40019
    New York1,2876,299,10062
    15 states with service

    MP2 Energy County Coverage

    CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
    Anderson County58,1335310.57$108.87/mo
    Andrews County18,1845410.62$108.96/mo
    Angelina County86,5845410.57$108.61/mo
    Aransas County24,1495210.59$109.04/mo
    Archer County8,6165810.58$108.59/mo
    Atascosa County48,6845310.55$109.52/mo
    Austin County30,1325010.55$107.93/mo
    Bastrop County94,8875510.67$109.91/mo
    Baylor County3,4915710.56$109.22/mo
    Bee County31,1915310.60$109.44/mo
    196 counties with coverage

    Cities MP2 Energy Has Coverage

    * City coverage generated based on government data. Always verify you can get service from the provider.

    MP2 Energy Reviews

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    MP2 Energy FAQ:

    How many counties does MP2 Energy supply electricity to?

    There are 196 counties that receive at least some electricity coverage by MP2 Energy including Texas, New York, Pennsylvania, Illinois, and Ohio.

    What is the average bundled bill for MP2 Energy customers each month?

    Customers of MP2 Energy pay, on average, a monthly bundled bill of $119.28.

    What is the phone number for MP2 Energy?

    The MP2 Energy phone number is (832) 510-1030.

    Who is the CEO of MP2 Energy?

    The CEO of MP2 Energy is David M. Black.

    What is the average BUNDLED electricity rate for MP2 Energy customers?

    MP2 Energy's current average BUNDLED electricity rate is 10.50 cents per kilowatt hour (¢/kWh), compared to the average nationwide BUNDLED rate of 14.84 cents.

    Does MP2 Energy have a parent company?

    MP2 Energy is owned by Shell Energy North America.

    How many states does MP2 Energy offer service in?

    MP2 Energy provides electricity in 15 states.

    What cities does MP2 Energy offer service to?

    MP2 Energy has customers in 1032 cities in the US.

    Nick Reese
    Last Reviewed By: Nick Reese
    Published: 2022-08-01