Shipley Energy

About Shipley Energy

Shipley Energy is a retail power marketer supplying electricity in 3 different states within the nation. This service territory also includes 915 cities within these states. There are 62 industrial customers, 842 commercial customers and 13,832 residential customers who are receiving electricity from the supplier. Patrons of Shipley Energy are billed an average electricity only residential rate of 10.92 cents per kilowatt hour, which ranks the provider 86th out of 150 in the country for average electricity only price. In 2022 they sold 95.16% of their total megawatt hours disposed by way of normal retail sales to end users. The electricity sourced by Shipley Energy is made up of primarily wholesale purchased megawatt hours, with 314,586 megawatt hours acquired by the company. Their total revenue in 2022 from electricity activities was $24,356,100, with 100.00% coming from retail sales to end users.

The nationwide average monthly residential electricity only bill is $70.75, while the Shipley Energy average is 45.89% more at $103.22 per month. Shipley Energy ranks 180th in the United States for average monthly bill amount. The supplier 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 consumers.