Penstar Power

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About Penstar Power

Penstar Power provides electricity for 196 counties in Texas. The entity is a retail power marketer. A total of 3,124 customers (3.04% commercial accounts and 96.96% residential accounts) are supplied electricity by the company. On average, Penstar Power bills their consumers a residential electricity rate of 12.02 cents per kilowatt hour. This is, thankfully for their customers, 2.64% less than the state's average price of 12.35 cents, which ranks the provider 143rd best for average electricity rate out of 216 providers in Texas. They sold 37,971 megawatt hours by way of retail sales in 2020. The electricity sourced by the supplier primarily came from megawatt hours that they acquired by way of wholesale channels. They purchased 37,971 megawatt hours on the wholesale market. Their total revenue for 2020 was $4,627,500 and came from sales to retail electricity customers alone.

Patrons of the provider pay an average residential power bill of $115.54. This is 19.07% less than the state average of $138.61. 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.

Penstar Power Rate & Electric Bills

Penstar Power residential electric rates are highest in January and the highest average bill is in February.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.134/kWh$0.120/kWh$134.77/mo.$115.54/mo.
1469th12.02¢Penstar Power's Average residential price per kWh
1666th$115.54Average monthly electricity bill for Penstar Power's residential customers

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Penstar Power Overview

  • Company Type:Retail Power Marketer
  • Parent Company:3000 Energy Corp
  • Headquarters:3000 Altamesa Boulevard
    Fort Worth, Texas 76133
    United States of America
  • CEO:Peni Barfield

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Penstar Power Coverage Map

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Penstar Power State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
Texas3,1244,627,500198100%

Penstar Power County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Anderson County57,9225310.60$126.53/mo
Andrews County18,6105410.63$126.13/mo
Angelina County86,3955410.59$126.31/mo
Aransas County23,8305210.50$126.23/mo
Archer County8,5605610.59$126.02/mo
Atascosa County48,9815310.44$125.86/mo
Austin County30,1675010.34$123.91/mo
Bastrop County97,2165510.67$127.04/mo
Baylor County3,4655610.56$126.42/mo
Bee County31,0475310.50$126.20/mo

Cities Penstar Power Has Coverage

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

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Penstar Power FAQ:

What is the average bundled bill for Penstar Power customers each month?

Penstar Power currently has an average monthly bundled electric bill of $115.54, compared to the Texas average of $138.61 and the United States average of $138.61 for bundled service.

What company is Penstar Power owned by?

Penstar Power is owned by 3000 Energy Corp.

What is the average bundled electricity rate for Penstar Power customers?

Penstar Power's current average bundled electricity rate is 12.02 cents per kilowatt hour (¢/kWh), compared to the average state bundled rate of 12.35 cents and the average national rate of 13.67 cents.

What is the phone number for Penstar Power?

You can reach Penstar Power by phone via (800) 687-5700.

What cities does Penstar Power supply electricity to?

Penstar Power provides electricity in 1032 cities.

How many counties does Penstar Power have customers in to?

There are 196 counties that receive at least some electricity coverage by Penstar Power.

Who is the CEO of Penstar Power?

Peni Barfield is the current CEO of Penstar Power.

Last Reviewed By: Matt Hope
Published: 2022-08-01