New Wave Energy Corporation: Rates and Coverage Area

New Wave Energy Corporation

Electricity Rates, Plans & Statistics

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About New Wave Energy Corporation

New Wave Energy Corporation serves electricity to 3 states in the United States including cities like New York, Philadelphia, Columbus, Cleveland, and Cincinnati. The organization is a retail power marketer. New Wave Energy Corporation averages 9.06 cents per kilowatt hour for electricity only billed to their customers for residential electricity, which is 27.77% less than the US average electricity only price of 12.55 cents. Of the 461,240 megawatt hours the company sold and dispossessed, 96.62% were via sales to end users. The electricity sourced by the company is made up primarily of megawatt hours they procured by way of the wholesale electricity market. This category comprises 100.00% of the total electricity sourced. Their total revenue in 2023 was $41,404,000 and was earned from sales to retail electricity customers alone.

The average monthly residential electricity bill for an electricity only customer of New Wave Energy Corporation is $113.97 per month. Customers of the company pay 35.18% more compared to other citizens of the US. Electricity production is not handled in house at the company, as they purchase power at wholesale rates from other companies and then resell to their end users.

Energy Loss

All electricity companies who generate electricity have some amount of energy loss from heat dissipation or alternative causes. New Wave Energy Corporation is no different, as they average a yearly loss of around 3.38% of the total electricity they produce. This percentage of electricity lost earns them a rank of 638th best out of 3530 suppliers reporting energy loss in the country.

New Wave Energy Corporation Rate & Electric Bills

New Wave Energy Corporation residential electric rates are highest in December and the highest average bill is in August.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.108/kWh$0.049/kWh$179.15/mo.$46.44/mo.
30th9.06¢New Wave Energy Corporation's Average residential price per kWh
150th$113.97Average monthly electricity bill for New Wave Energy Corporation's residential customers

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New Wave Energy Corporation Overview

  • Company Type:Retail Power Marketer
  • Headquarters:410 Main Street
    Buffalo, New York 14202
    United States of America
  • CEO:John M. Ludtka

New Wave Energy Corporation Contact

New Wave Energy Corporation Service

    Energy provider of the year for Pennsylvania, Mid-Sized Provider Category
    Top 3 Lowest Residential Electricity Rate
    Pennsylvania, Mid-Sized Provider Category
    Claim Award
    Energy provider of the year for Pennsylvania, Major Provider Category
    Top 3 Lowest Residential Electricity Rate
    Pennsylvania, Major Provider Category
    Claim Award

    Energy Loss

    New Wave Energy Corporation's energy loss due to business operations.

    -3.38%

    Total Energy Loss

    15,597MWh

    638 National Rank

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    New Wave Energy Corporation State Coverage

    StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
    New York5,48732,307,323.193252.54%
    Ohio1,7893,137,411.226611.77%
    Pennsylvania3,9516,865,506.787435.69%

    New Wave Energy Corporation County Coverage

    CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
    Adams County106,0277319.91$171.27/mo
    Adams County27,5647020.99$168.17/mo
    Albany County315,8116127.32$197.45/mo
    Allegany County46,6546525.93$186.27/mo
    Allegheny County1,233,2537621.07$172.48/mo
    Allen County101,1157021.17$167.10/mo
    Armstrong County64,7477319.56$166.79/mo
    Ashland County52,6587320.05$156.47/mo
    Ashtabula County97,0146920.01$146.37/mo
    Athens County62,9337121.24$166.68/mo

    Cities New Wave Energy Corporation Has Coverage

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

    New Wave Energy Corporation Reviews

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    New Wave Energy Corporation FAQ:

    How much is the average energy bill for New Wave Energy Corporation customers each month?

    Currently, the average monthly energy electric bill for customers of New Wave Energy Corporation is $113.97. The nationwide average is $84.31 for energy service.

    How many states does New Wave Energy Corporation supply electricity to?

    There are 3 states that receive at least some electricity coverage by New Wave Energy Corporation including New York, Pennsylvania, and Ohio.

    What is the average ENERGY electricity rate for New Wave Energy Corporation customers?

    New Wave Energy Corporation's current average ENERGY electricity rate is 9.06 cents per kilowatt hour (¢/kWh), compared to the average national ENERGY rate of 12.55 cents.

    Who is the CEO of New Wave Energy Corporation?

    John M. Ludtka is the current CEO of New Wave Energy Corporation.

    What is the phone number for New Wave Energy Corporation?

    New Wave Energy Corporation's customer service phone number is (855) 998-9283

    How many counties does New Wave Energy Corporation sell electricity to?

    New Wave Energy Corporation provides electricity to customers in 217 counties.

    What cities does New Wave Energy Corporation have customers in to?

    New Wave Energy Corporation supplies to 3313 cities throughout the country.

    King Manalo
    Last Reviewed By: King Manalo
    Published: 2022-03-13