Smart Prepaid Electric

About Smart Prepaid Electric

Smart Prepaid Electric is a retail power marketer. The largest city served by the company is Houston, but the company also operates in 1367 cities in Texas. The supplier has 118 customers, all of which are residential property types. Smart Prepaid Electric averages 16.50 cents per kilowatt hour charged to their consumers for residential electricity, which is 8.24% higher than Texas' average price of 15.24 cents and 2.73% above the nationwide average of 16.06 cents. In 2023 they sold 1,209 megawatt hours to end users (known as retail sales). During the same timeframe, Smart Prepaid Electric acquired 1,209 megawatt hours through the wholesale market. Their total revenue for 2023 from electricity activities was $193,900, with 100.00% coming from retail sales to end users.

Customers of the provider pay an average monthly residential electric bill of $138.45. This is 20.61% below the Texas average of $167.15. 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 companies.