Residents Energy

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About Residents Energy

Residents Energy provides electricity for 9 states in the United States such as the cities of New York, Chicago, Philadelphia, Columbus, and Boston. The company is a retail power marketer. The company has 1,581 commercial accounts and 76,364 residential accounts throughout their service area whom they supply electricity to. The average electricity only residential price for customers of Residents Energy is around 11.61 cents per kilowatt hour, which is 37.21% above the national average electricity only rate of 8.46 cents. This makes the supplier 175th out of 158 suppliers in the nation for best average electricity only rate. The company had sales of 631,010 megawatt hours in 2020 sold to end users. Wholesale power purchases made up 100.00% of all electricity sourced and 631,010 megawatt hours were procured on the wholesale electricity market. In 2020, Residents Energy had $72,729,400 in total revenue solely through retail electricity sales.

The average monthly residential power bill for an electricity only consumer of Residents Energy is $76.6 per month. Customers of the company pay 23.76% more compared to the rest of the nation. The supplier does not have ownership in any electricity generation facilities and all of the megawatt hours that they sell to their consumers must be purchased wholesale from other providers.

Residents Energy Rate & Electric Bills

Residents Energy residential electric rates are highest in January and the highest average bill is in April.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.116/kWh$0.102/kWh$76.60/mo.$63.47/mo.
175th11.61¢Residents Energy's Average residential price per kWh
161st$76.6Average monthly electricity bill for Residents Energy's residential customers

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Residents Energy Overview

  • Company Type:Retail Power Marketer
  • Parent Company:Genie Energy
  • Headquarters:315 North Main Street
    Jamestown, New York 14701
    United States of America
  • CEO:Michael Stein

Residents Energy Contact

Residents Energy Service

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Energy provider of the year for Delaware, Mid-Sized Provider Category
Lowest Average Residential Monthly Bill
Delaware, Mid-Sized Provider Category
Claim Award
Energy provider of the year for Delaware, Mid-Sized Provider Category
Lowest Residential Electricity Rate
Delaware, Mid-Sized Provider Category
Claim Award

Residents Energy Coverage Map

Coverage Map Placeholder

Residents Energy State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
Connecticut37135,600460.04%
Delaware1,3761,317,500301.87%
Illinois30,75327,933,3003639.26%
Massachusetts24,24523,621,0002931.91%
New Jersey2,3402,482,100743.44%
New York5,3554,430,900656.12%
Ohio2,1841,883,600792.66%
Pennsylvania11,32111,025,4007114.7%

Residents Energy County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Adams County103,8526215.65$138.01/mo
Adams County65,7374114.07$99.39/mo
Adams County27,4775715.64$137.11/mo
Albany County314,8484920.23$148.88/mo
Alexander County5,2404214.15$101.52/mo
Allegany County46,4565218.70$141.00/mo
Allegheny County1,250,5786617.32$136.36/mo
Allen County102,2065715.63$137.07/mo
Armstrong County65,5586314.87$128.76/mo
Ashland County52,4476114.67$123.52/mo

Cities Residents Energy Has Coverage

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

Residents Energy Reviews

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Residents Energy FAQ:

What is the average ENERGY electricity rate for Residents Energy customers?

Residents Energy's current average ENERGY electricity rate is 11.61 cents per kilowatt hour (¢/kWh), compared to the average United States ENERGY rate of 8.46 cents.

What is the phone number for Residents Energy?

The Residents Energy phone number is (888) 828-7374.

What is the average energy bill for Residents Energy customers each month?

Residents Energy currently has an average monthly energy electric bill of $76.60, compared to the US of $61.89 for energy service.

What company is Residents Energy owned by?

Residents Energy is a subsidiary of Genie Energy.

What cities does Residents Energy offer service in?

Residents Energy has customers in 5322 cities throughout the US including New York, Pennsylvania, Illinois, Ohio, and Michigan.

How many states does Residents Energy sell electricity to?

There are 9 states that receive at least some electricity coverage by Residents Energy.

Who is the CEO of Residents Energy?

Michael Stein is the current CEO of Residents Energy.

How many counties does Residents Energy sell electricity in?

Residents Energy offers service to customers in 367 counties in the United States including New York, Pennsylvania, Illinois, Ohio, and Michigan.

Last Reviewed By: Ginalyn Gelera
Published: 2022-08-01