Penstar Power

About Penstar Power

Penstar Power provides electricity for 254 counties in Texas. The entity is a retail power marketer. On average, Penstar Power's residential electricity price is 16.83 cents per kilowatt hour. Unfortunately for their customers, this price is above both the state and national average rates of 15.24 and 16.06 cents per kilowatt hour, respectively. The company sold 25,689 megawatt hours in 2023 by way of traditional retail accounts. The electricity sourced by the company is made up of primarily wholesale purchased megawatt hours, with 25,689 procured by the company. They had a total of $3,894,100 for 2023 through electricity sales to retail consumers.

Patrons of the provider pay an average monthly residential power bill of $167.57. This is 0.30% more than the state average bill of $167.15. The provider does not have ownership in any electricity generation facilities and all of the megawatt hours that they sell to their consumers must be purchased wholesale from other providers.