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 is a retail power marketer. A retail power marketer is a provider that does business in deregulated electricity markets where customers can purchase electricity from multiple different providers. The most recent data reported by the company showed a total customer base of 14,899 customer accounts. Exactly 6,721 of these are commercial properties and 8,178 are residential accounts. New Wave Energy Corporation averages 10.96 cents per kilowatt hour for electricity only charged to their consumers for residential electricity, which is, fortunately for their consumers, 2.66% below the average US electricity only service rate of 11.26 cents. The company sold 750,476 megawatt hours in 2022 through traditional retail sales. The electricity sourced by the company is made up of primarily wholesale purchased megawatt hours, with 750,476 procured by the company. In 2022 they had total electricity related revenue of $74,299,400, with 100.00% coming from retail sales.

The average monthly residential electricity bill for an electricity only customer of New Wave Energy Corporation is $137.24 per month. Customers of the company pay 86.14% 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.

New Wave Energy Corporation Rate & Electric Bills

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

Historical Electricity Rates:

Price Per kWhAverage Bill$0.113/kWh$0.053/kWh$174.09/mo.$51.32/mo.
54th10.96¢New Wave Energy Corporation's Average residential price per kWh
210th$137.24Average 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

    • States Served:
      • New York
      • Pennsylvania
      • Ohio
    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

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    New Wave Energy Corporation State Coverage

    StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
    New York6,58548,508,817.372343.24%
    Ohio1,9946,246,229.475810.33%
    Pennsylvania6,32119,114,797.545946.43%

    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 $137.24. The nationwide average is $73.73 for energy service.

    What is the phone number for New Wave Energy Corporation?

    The New Wave Energy Corporation phone number is (855) 998-9283.

    Who is the CEO of New Wave Energy Corporation?

    The CEO of New Wave Energy Corporation is John M. Ludtka.

    How many states does New Wave Energy Corporation offer service in?

    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?

    Consumers of New Wave Energy Corporation, on average, have an electricity ENERGY rate 10.96 cents per kilowatt hour (¢/kWh).

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