Puerto Rico Electric Power Authority

About Puerto Rico Electric Power Authority

Puerto Rico Electric Power Authority provides electricity to 216 cities throughout the state of Puerto Rico. A total of 1,384,085 residential customer accounts, 128,428 commercial customers and 582 industrial customers are supplied electricity by the company. Puerto Rico Electric Power Authority has an average residential electricity rate of 23.59 cents per kilowatt hour, which is 3.85% lower than Puerto Rico's average price of 24.54 cents. This ranks the company 1st out of 3 suppliers in Puerto Rico for best average electricity rate. They sold 16,653,903 megawatt hours in 2023 via traditional retail sales. During the same timeframe, the provider produced 12,077,654 megawatt hours from power generation plants owned by the provider and purchased 6,387,105 megawatt hours through the wholesale electricity market. Their total revenue in 2023 was $3,908,682,200 and was earned only through electricity sales to retail customers.

The Puerto Rico average monthly residential electric bill is $108.51, while the Puerto Rico Electric Power Authority average is 4.46% lower at $102.11 per month. This is the lowest average monthly bill amount for a supplier in the state. The provider's customers deal with an average of 13.33 electrical outages per consumer a year. These outages are an average of 1 minutes, while the nationwide average is 1.44 outages per consumer and 123.49 minutes each outage. The company is not associated with any electricity production facilities and all of the power that they sell to their consumers must be purchased from other providers.