Planet Energy

About Planet Energy

Planet Energy serves electricity to 3 states in the country. The organization is a retail power marketer. At the moment, there are 3,605 customers of the supplier and all of them are residential properties. Planet Energy's average electricity only residential price per kilowatt hour is 7.56 cents per kilowatt hour. This is 25.50% lower than the US average electricity only rate of 10.14 cents, which ranks the company 21st out of 150 suppliers in the United States for lowest average electricity only price. In 2022 they sold 38,968 megawatt hours by way of retail sales to end users. The electricity sourced by the provider primarily came from megawatt hours that they procured by way of the wholesale market. They purchased 38,968 on the wholesale market. The revenue for the company for 2022 from electricity sales was $2,944,600, with 100.00% coming from retail sales to end users.

The average residential power bill for an electricity only customer of Planet Energy is $68.07 per month. Customers of the supplier pay 3.79% less compared to other citizens of the United States. Electricity generation is not handled in house at the company, as they purchase electricity at wholesale rates from other companies to then be resold to their end users.