MP2 Energy: Rates and Coverage Area

MP2 Energy

Electricity Rates, Plans & Statistics

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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, 67,189 consumers are supplied electricity by the provider. These customers are a mix of 892 industrial accounts, 25,363 commercial customers and 40,934 residential customers. MP2 Energy averages 14.15 cents per kilowatt hour billed to their customers for residential electricity. This is 9.23% below the US average rate of 15.59 cents, resulting in the provider ranking 1987th out of 2893 suppliers in the US for lowest average electricity price. About 22,358,293 megawatt hours were sold by the provider to retail customers in 2022. Wholesale power purchases made up 100.00% of the total electricity sourced by the company . Exactly 23,678,887 megawatt hours were acquired on wholesale channels. They made $1,579,476,600 in 2022 from electricity sales to end users alone.

The nationwide average monthly residential power bill is $133.21, while the MP2 Energy average is 8.87% higher at $145.03 per month. MP2 Energy ranks 2146th in the US for average monthly bill total. 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 5.58% 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 1015th best out of 3517 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 January.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.141/kWh$0.093/kWh$145.03/mo.$53.57/mo.
1987th14.15¢MP2 Energy's Average residential price per kWh
2146th$145.03Average 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

    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.

    -5.58%

    Total Energy Loss

    1,320,594MWh

    1015 National Rank

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    MP2 Energy Coverage Map

    Coverage Map Placeholder

    MP2 Energy State Coverage

    StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
    Connecticut83814,178,20021
    Delaware1522,174,30029
    District of Columbia38030,044,30010
    Illinois3,653101,920,40019
    Maine1323,147,70030
    Maryland56951,734,50014
    Massachusetts24311,426,00042
    New Hampshire3732,503,10028
    New Jersey2,07652,189,30020
    New York1,76515,445,80049

    MP2 Energy County Coverage

    CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
    Anderson County58,1334313.16$151.54/mo
    Andrews County18,1844213.15$150.94/mo
    Angelina County87,1014413.16$151.05/mo
    Aransas County24,1494213.14$151.62/mo
    Archer County8,6164613.19$151.15/mo
    Atascosa County48,6844313.04$152.09/mo
    Austin County30,1324113.03$150.59/mo
    Bastrop County106,1884513.19$151.69/mo
    Baylor County3,4914413.16$152.40/mo
    Bee County31,1914313.10$151.65/mo

    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 $145.03.

    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 14.15 cents per kilowatt hour (¢/kWh), compared to the average nationwide BUNDLED rate of 15.59 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 1041 cities in the US.

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