Potomac Edison

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About Potomac Edison

Potomac Edison is an investor owned company operating in 2 states in the nation. The residential electricity rate for consumers of Potomac Edison is, on average, 10.64 cents per kilowatt hour, which is, luckily, 24.59% less than the average US price of 14.11 cents. The company had total sales and disposition of 8,160,641 megawatt hours in 2020, of which 86.02% were via retail sales. The electricity generated in the company's power plants made up 3,720,122 of the megawatt hours sourced by the company. The purchase of wholesale electricity made up an additional 4,440,519 megawatt hours. Their total revenue for 2020 from electricity related activities was $814,909,300, with 3.24% coming from wholesale electricity sales and 84.27% from retail sales to end users.

The nationwide average monthly residential electricity bill is $125.95, while the Potomac Edison average is 1.41% below at $124.18 per month. This is the 1956th lowest average monthly bill amount for a supplier in the US. Electricity generation is not part of the Potomac Edison business model, as they purchase electricity at wholesale rates from other companies and then resell to their end users.

Potomac Edison Net Metering

Potomac Edison gives their customers the ability to participate in net metering. This makes it cheaper for residents in the area to install solar and other alternative electricity options as they have the ability to sell excess kilowatt hours back into the grid.

Energy Loss

Loss of electricity from heat dissipation while transmitting electricity and other causes is a reality of operating in the electricity generation business. Providers must report these losses to government agencies who track electricity grid efficiencies. Potomac Edison recently reported an annual loss of around 1.80% of the electricity that they generate. The countrywide energy loss average is 2.76%, giving Potomac Edison a rank of 172nd best out of 3509 providers reporting energy loss in the country.

Potomac Edison Rate & Electric Bills

Potomac Edison residential electric rates are highest in January and the highest average bill is in January.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.113/kWh$0.099/kWh$205.03/mo.$80.32/mo.
753rd10.64¢Potomac Edison's Average residential price per kWh
1956th$124.18Average monthly electricity bill for Potomac Edison's residential customers

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Potomac Edison Overview

  • Company Type:Investor Owned
  • Parent Company:First Energy
  • Headquarters:Grant County Airport-W99
    Landes Station, West Virginia 26847
    United States of America
  • CEO:Steven E. Strah

Potomac Edison Contact

Potomac Edison Service

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Energy provider of the year for West Virginia, Major Provider Category
Top 3 Lowest Average Residential Monthly Bill
West Virginia, Major Provider Category
Claim Award
Energy provider of the year for West Virginia, Major Provider Category
Lowest Residential Electricity Rate
West Virginia, Major Provider Category
Claim Award
Energy provider of the year for West Virginia, Major Provider Category
Lowest Residential Electricity Rate
West Virginia, Major Provider Category
Claim Award

Energy Loss

Potomac Edison's energy loss due to business operations.

-1.80%

Total Energy Loss

147,185MWh

172 National Rank

Potomac Edison Coverage Map

Coverage Map Placeholder

Potomac Edison State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
Maryland247,538422,777,117562.62%
West Virginia150,312331,515,038637.38%

Potomac Edison County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Allegany County68,1063914.63$136.43/mo
Berkeley County122,076110.18$127.48/mo
Carroll County172,8914915.51$138.40/mo
Frederick County271,7174014.63$136.42/mo
Garrett County28,8063914.63$136.43/mo
Grant County10,976210.41$121.13/mo
Hampshire County23,093110.18$127.48/mo
Hardy County14,299110.18$127.48/mo
Howard County332,3174915.72$138.88/mo
Jefferson County57,701110.18$127.48/mo

Cities Potomac Edison Has Coverage

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

Potomac Edison Reviews

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Potomac Edison FAQ:

How much is the average bundled bill for Potomac Edison customers each month?

Consumers of Potomac Edison pay, on average, a monthly bundled bill of $124.18.

What is the phone number for Potomac Edison?

The Potomac Edison phone number is (800) 686-0011.

How many states does Potomac Edison supply electricity in?

Potomac Edison offers service in 2 states.

What company is Potomac Edison owned by?

First Energy is the owner of Potomac Edison.

How many counties does Potomac Edison supply electricity to?

Potomac Edison provides electricity to customers in 14 counties throughout the US.

What is the average BUNDLED electricity rate for Potomac Edison customers?

Potomac Edison's current average BUNDLED electricity rate is 10.64 cents per kilowatt hour (¢/kWh), compared to the average United States BUNDLED rate of 14.11 cents.

Who is the CEO of Potomac Edison?

Steven E. Strah is the current CEO of Potomac Edison.

What cities does Potomac Edison have customers in in?

Potomac Edison serves 88 cities.

Last Reviewed By: Alex Zdanov
Published: 2022-08-01