Philadelphia, New York Electric Utility

About Philadelphia, New York Electric Utility

Philadelphia, New York Electric Utility is headquartered in Philadelphia, New York and it provides electricity in the population there. With 705 total consumers, the provider provides electricity to 658 residential customer accounts, 34 commercial customers and 13 industrial customers. The residential electricity rate for patrons of Philadelphia, New York Electric Utility is, on average, 6.43 cents per kilowatt hour, which is 67.93% less than the average New York rate of 20.04 cents and 58.89% less than the nationwide average of 15.64. They had sales of 10,162 megawatt hours in 2019 sold to end users. The electricity sourced was made up of megawatt hours that they procured via the wholesale market. They purchased 10,162 on the wholesale market. They earned $601,500 in 2019. All of that revenue came from electricity sales to end users alone.

The average monthly residential electricity bill for a customer of Philadelphia, New York Electric Utility is $68.93. Patrons of the supplier enjoy a 37.85% markdown compared to the rest of the state. Electricity generation is not handled in house at the company, as they purchase power at wholesale rates to then be resold to their consumers.