Peninsula Light Company

About Peninsula Light Company

Peninsula Light Company is an electricity cooperative supplying electricity in Gig Harbor in Pierce County, Washington. Currently, 36,371 consumers are provided electricity by the supplier. These customers are a mix of 36,107 residential customers and 264 commercial properties. On average, Peninsula Light Company's residential electricity rate is 10.97 cents per kilowatt hour, which is 8.81% less than Washington's average price of 12.03 cents. This makes the company 33rd out of 61 suppliers in the state for best average electricity price. Of the 641,557 megawatt hours the supplier sold and dispossessed, 624,171 were from retail sales. Of the megawatt hours they sourced, 641,557 megawatt hours were obtained via wholesale channels. In 2023 the provider had total electricity related revenue of $65,263,000, with 93.46% coming from retail sales.

The United States average monthly residential power bill is $142.37, while the Peninsula Light Company average is 9.39% below at $128.99 per month. This is the 1422nd lowest average monthly bill amount for a provider in the United States. The electricity grid managed by the supplier has an average of 0.88 outages per customer a year, with outages lasting roughly 106 minutes. The nationwide average for other companies is 1.44 outages per customer and 123.49 minutes per outage. The supplier does not have ownership in any electricity production plants and all of the electricity that they sell to their customers must be purchased from other companies.