Penstar Power: Rates and Coverage Area

Penstar Power

Electricity Rates, Plans & Statistics

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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 2,091 customers (5.36% commercial accounts and 94.64% residential accounts) are supplied electricity by the company. On average, Penstar Power bills their consumers a residential electricity rate of 16.67 cents per kilowatt hour. This is, regrettably for their customers, 19.69% more than the state's average price of 13.93 cents, which ranks the provider 195th best for average electricity rate out of 204 providers in Texas. They sold 30,465 megawatt hours by way of retail sales in 2022. The electricity sourced by the supplier primarily came from megawatt hours that they acquired by way of wholesale channels. They purchased 30,465 megawatt hours on the wholesale market. Their total revenue for 2022 was $4,667,500 and came from sales to retail electricity customers alone.

Patrons of the provider pay an average monthly residential power bill of $168.32. This is 3.72% more than the state average bill of $163.29. 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 December.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.167/kWh$0.120/kWh$168.32/mo.$115.54/mo.
2611th16.67¢Penstar Power's Average residential price per kWh
2606th$168.32Average 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

Penstar Power County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Anderson County58,1334313.16$151.54/mo
Andrews County18,1844213.15$150.94/mo
Angelina County87,1014413.16$151.05/mo
Aransas County24,1494213.14$151.62/mo
Archer County8,6164613.19$151.15/mo
Atascosa County48,6844313.04$152.09/mo
Austin County30,1324113.03$150.59/mo
Bastrop County106,1884513.19$151.69/mo
Baylor County3,4914413.16$152.40/mo
Bee County31,1914313.10$151.65/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 $168.32, compared to the Texas average of $163.29 and the United States average of $163.29 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 16.67 cents per kilowatt hour (¢/kWh), compared to the average state bundled rate of 13.93 cents and the average national rate of 15.53 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 1041 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.

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