Provider Power

About Provider Power

Provider Power is a retail power marketer providing electricity in 3 states in the country including Massachusetts, New Hampshire, and Maine. Electricity suppliers must regularly report the total number of customers signed up for their services to government agencies. In the most recent report the provider reported 4,220 commercial customers and 55,094 residential customers receiving electricity from the company, which makes up the whole of their customer base. On average, Provider Power charges their consumers an electricity only residential rate of 21.70 cents per kilowatt hour, resulting in the supplier ranking 204th out of 142 in the US for average electricity only price. In 2023 Provider Power sold 89.83% of their megawatt hours to end users (known as retail sales). Wholesale power purchases made up 100.00% of the total electricity sourced and 398,218 megawatt hours were purchased on the wholesale market. They made a total of $78,328,000 for 2023 through electricity sales to retail consumers.

The average monthly residential power bill for an electricity only consumer of Provider Power is $131.44 per month, while the US average is $85.05. Patrons of the supplier pay 54.56% more compared to other residents of the nation. Electricity production is not part of the Provider Power business plan, as they purchase power at wholesale rates to then be resold to their customers.