Peninsula Light Company: Rates and Coverage Area

Peninsula Light Company

Electricity Rates, Plans & Statistics

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About Peninsula Light Company

With 35,132 consumers, the provider provides electricity to 183 commercial locations and 34,949 residential locations. The residential electricity rate for customers of Peninsula Light Company is, on average, 10.31 cents per kilowatt hour. Luckily, this is 5.85% below Washington's average rate of 10.95 cents, ranking the provider at 32nd out of 59 providers in Washington for best average electricity rate. In 2022 they had retail sales of 627,261 megawatt hours. The electricity sourced consisted of megawatt hours that they purchased by way of wholesale channels. They purchased 649,828 on the wholesale market. The total revenue for the company for 2022 from electricity sales was $65,998,200, with $62,422,700 from retail sales to end users.

The United States average monthly residential power bill is $132.69, while the Peninsula Light Company average is 1.67% below at $130.47 per month. This is the 1751st lowest average monthly bill amount for a provider in the United States. The company currently does not generate any of the electricity that they sell. Instead, they must purchase that electricity at wholesale prices and then resell it at a higher rate to end users.

Peninsula Light Company Net Metering

Offering net metering to consumers is a win-win situation for Peninsula Light Company and any people who receive their electricity from the company. Net metering allows residents to sell kilowatt hours back to the grid, making the purchase of solar and other electricity sources a cheaper project.

Energy Loss

Energy loss is a part of life when dealing with electricity transmission. Peninsula Light Company currently averages a loss of approximately 3.47% of the total electricity they produce. The state of Washington has an energy loss average of 2.98% and the US average is 2.87%, giving Peninsula Light Company a rank of 488th best out of 3517 providers who report energy loss in the United States.

Peninsula Light Company Rate & Electric Bills

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

Historical Electricity Rates:

Price Per kWhAverage Bill$0.104/kWh$0.098/kWh$130.47/mo.$120.84/mo.
427th10.31¢Peninsula Light Company's Average residential price per kWh
1751st$130.47Average monthly electricity bill for Peninsula Light Company's residential customers

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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.

-3.47%

Total Energy Loss

22,567MWh

488 National Rank

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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
Washington35,13262,422,70020100%

Peninsula Light Company County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Kitsap County277,673313.38$120.26/mo
Pierce County927,380910.55$116.79/mo

Peninsula Light Company Reviews

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Peninsula Light Company FAQ:

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

Peninsula Light Company currently has an average monthly bundled electric bill of $130.47, compared to the Washington average of $109.29 and the US of $109.29 for bundled service.

What is the phone number for Peninsula Light Company?

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

How many counties does Peninsula Light Company offer service to?

There are 2 counties that receive at least some electricity coverage by Peninsula Light Company including Washington.

Who is the CEO of Peninsula Light Company?

The CEO of Peninsula Light Company is Jafar Taghavi.

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

The average bundled rate of electricity for consumers of Peninsula Light Company is 10.31 cents per kilowatt hour (¢/kWh).

King Manalo
Last Reviewed By: King Manalo
Published: 2023-12-06