Shipley Energy

About Shipley Energy

Shipley Energy is a retail power marketer. A retail power marketer is a company that operates in deregulated electricity markets where consumers can purchase electricity from multiple different providers. Shipley Energy's average electricity only residential rate per kilowatt hour is 10.78 cents per kilowatt hour, which is 14.67% lower than the nationwide average electricity only rate of 12.63 cents. There were a total of 302,755 megawatt hours sold to retail accounts in 2023 by the company. The electricity sourced was made up of megawatt hours that they acquired by way of the wholesale electricity market. They purchased 320,719 megawatt hours on the wholesale market. They had $26,269,700 in total revenue in 2023 from electricity-related activities, all of which came from retail sales to end-users.

The nationwide average monthly residential electricity only bill is $85.05, while the Shipley Energy average is 16.38% more at $98.97 per month. Shipley Energy ranks 108th 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.