Nordic Energy Services

About Nordic Energy Services

Nordic Energy Services is a retail power marketer headquartered in Oakbrook Terrace, Illinois and supplying power to customers in 8 states in the country. At the moment, 20,919 customers are provided electricity by the company. These customers are a mix of 92.06% residential properties and 7.94% commercial locations. On average, Nordic Energy Services' residential electricity only rate is 15.70 cents per kilowatt hour. Regrettably for their patrons, this price is higher than the national average electricity only price 10.14 cents per kilowatt hour. The supplier had total sales and disposition of 265,350 megawatt hours in 2022, of which 265,350 megawatt hours were via retail sales. Wholesale power purchases made up 100.00% of all electricity sourced by the company . Exactly 265,350 megawatt hours were purchased by way of wholesale channels. In 2022 they had total electricity related revenue of $37,746,300, with 100.00% coming from retail sales.

The average monthly residential power bill for an electricity only customer of Nordic Energy Services is $96.16 per month, while the national average is $70.75. Customers of the company pay a 35.92% higher bill compared to the rest of the country. Electricity generation is not handled in house at the company, as they purchase power at wholesale rates from other providers to then be resold to their consumers.