Peninsula Light Company

About Peninsula Light Company

Peninsula Light Company is an electricity cooperative headquartered in Gig Harbor, Washington and supplying power to customers in 10 cities in Pierce County, Washington such as the cities of Tacoma, Federal Way, South Hill CDP, Lakewood, and Parkland CDP. The provider has 201 commercial customers and 34,013 residential customer accounts. Peninsula Light Company's average residential electricity rate per kilowatt hour is 10.40 cents per kilowatt hour, which is 4.49% more than the average state rate of 9.95 cents. They sold 587,002 megawatt hours in 2020 by way of retail accounts. Of the megawatt hours they sourced, 613,040 megawatt hours were acquired on the wholesale market. Their revenue for 2020 from electricity related activities was $62,119,500, with 94.65% coming from retail sales to end users.

The US average monthly residential power bill is $117.93, while the Peninsula Light Company average is 6.70% higher at $125.83 per month. Peninsula Light Company is the 2096th ranked company in the country for average monthly bill total. The supplier is not associated with any power plants and all of the electricity that they sell to their customers must be purchased wholesale from other suppliers.

Peninsula Light Company Net Metering

Customers of Peninsula Light Company have the ability to take advantage of net metering. This is a positive for any customer considering installing personal solar panels, as net metering allows them to sell their extra electricity back into the grid.

Energy Loss

Energy loss is just part of the process when working with electricity transmission. Peninsula Light Company currently averages a loss of about 4.25% of the aggregate electricity they generate. Peninsula Light Company's energy loss levels give them a ranking of 24th best out of the 54 providers that operate in Washington and report energy loss and 719th best out of 3510 in the country.

Peninsula Light Company Rate & Electric Bills

Peninsula Light Company residential electric rates are highest in January and the highest average bill is in May.

Historical Electric Rates:

Price Per kWHAverage Bill$0.104/kWh$0.098/kWh$125.83/mo.$120.84/mo.
711th10.40¢Peninsula Light Company's Average residential price per kWh
2096th$125.83Average monthly electric bill for Peninsula Light Company's residential customers

Peninsula Light Company Overview

  • Company Type:Cooperative
  • Headquarters:13315 Goodnough Drive Northwest
    Gig Harbor, Washington 98332
    United States of America
  • CEO:Jafar Taghavi

Peninsula Light Company Contact

Peninsula Light Company Service

Energy Loss

Peninsula Light Company's energy loss due to business operations.

-4.25%

Total Energy Loss

26,038MWh

719 National Rank

Peninsula Light Company Coverage Map

Coverage Map Placeholder

Peninsula Light Company State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
Washington34,21458,796,50021100%

Peninsula Light Company County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Pierce County904,980710.00$110.00/mo

Cities Peninsula Light Company Has Coverage

  • Eatonville, WA
  • Federal Way, WA
  • Fife, WA
  • Fircrest, WA
  • Gig Harbor, WA
  • Lakewood, WA
  • Ruston, WA
  • Steilacoom, WA
  • Tacoma, WA
  • University Place, WA

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

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Peninsula Light Company FAQ:

What is the phone number for Peninsula Light Company?

You can reach Peninsula Light Company by phone via (253) 857-5950.

Who is the CEO of Peninsula Light Company?

Jafar Taghavi is the current CEO of Peninsula Light Company.

What is the average bundled electricity rate for Peninsula Light Company customers?

Peninsula Light Companys current average bundled electricity rate is 10.40 cents per kilowatt hour (¢/kWh), compared to the average state bundled rate of 9.95 cents and the average US rate of 13.26 cents.

How much is the average bundled bill for Peninsula Light Company customers each month?

Customers of Peninsula Light Company pay, on average, a monthly bundled bill of $125.83.

What cities does Peninsula Light Company offer service to?

Peninsula Light Company supplies to 10 cities.

Last Reviewed By: King Manalo
Published: 2021-03-16Last Updated: 2022-01-05