Renaissance Power and Gas

About Renaissance Power and Gas

Renaissance Power and Gas is a retail power marketer providing electricity in 4 different states in the country. In addition, this service area encompasses 1989 cities within these states. With 4,884 customers, the company serves 4,379 residential locations and 505 commercial locations. Renaissance Power and Gas' consumers are charged an average electricity only residential rate of 17.73 cents per kilowatt hour, which is 74.75% above the national average electricity only rate of 10.14 cents. Roughly 36,873 megawatt hours were sold by the company to retail end users in 2022. The electricity sourced by the provider primarily came from megawatt hours that they acquired on wholesale channels. They purchased 36,873 on the wholesale market. Their total revenue in 2022 from electricity related activities was $6,488,000, with 100.00% coming from retail sales to end users.

The nationwide average monthly residential electricity only bill is $70.75, while the Renaissance Power and Gas average is 20.31% higher at $85.12 per month. Renaissance Power and Gas ranks 118th 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.