Shell Energy North America

About Shell Energy North America

Shell Energy North America supplies electricity to 19 states throughout the nation. Electricity companies must regularly report the total number of customers they have to government agencies. On the most recent reports the provider disclosed 76,113 customers receiving their services. Around 1.79% of these customers are industrial properties, 39.82% are commercial accounts and 58.39% are residential accounts. The average residential electricity price for customers of Shell Energy North America is around 15.95 cents per kilowatt hour. This is 1.66% lower than the national average price of 16.22 cents. They sold 237,799,970 megawatt hours through wholesale channels to other electricity suppliers in 2023. Wholesale power purchases made up 100.02% of all electricity sourced by the company . Exactly 271,928,455 megawatt hours were purchased via the wholesale market. In 2023 they had total electricity related revenue of $13,743,097,000, with 17.30% coming from retail sales and 82.70% from wholesale electricity sales.

Customers of the company pay an average monthly residential power bill of $163.76. This is 14.22% higher than the national average of $143.38. The company currently does not produce their own electricity. Instead, they must purchase that electricity at wholesale rates and then resell it at a higher rate to end users.