Renaissance Power and Gas

About Renaissance Power and Gas

Renaissance Power and Gas is a retail power marketer, which is a company that operates in deregulated electricity markets where consumers are able to choose from a multitude electricity providers. There are 7,059 customer accounts who are receiving electricity from the provider. These customer accounts are made up of 767 commercial accounts and 6,292 residential properties. On average, Renaissance Power and Gas' consumers pay an electricity only residential rate of 18.51 cents per kilowatt hour, which is 47.48% more than the national average electricity only rate of 12.55 cents. They had sales of 45,652 megawatt hours in 2023 sold to end users. During the same timeframe, Renaissance Power and Gas procured 45,652 megawatt hours via wholesale electricity channels. The total revenue for Renaissance Power and Gas in 2023 was $8,100,400, which was earned entirely through electricity sales to retail customers.

The nationwide average monthly residential electricity only bill is $84.31, while the Renaissance Power and Gas average is 9.26% higher at $92.12 per month. Renaissance Power and Gas ranks 96th in the country for average monthly bill amount. The supplier currently does not generate any of the electricity that they sell. Instead, they must purchase that electricity at wholesale prices from other suppliers and then resell it to end users.