Smethport, Pennsylvania Electric Utility

About Smethport, Pennsylvania Electric Utility

Smethport, Pennsylvania Electric Utility is headquartered in Smethport, Pennsylvania and it serves the population living in the city. The supplier last disclosed a total of 1,079 customers, 863 of which are residential accounts, 214 are commercial customers and 2 of which are industrial properties. On average, Smethport, Pennsylvania Electric Utility's residential electricity rate is 15.17 cents per kilowatt hour . This is below both the state and the national average prices of 17.18 and 16.22 cents per kilowatt hour, respectively. Of the 14,199 megawatt hours Smethport, Pennsylvania Electric Utility sold and dispossessed, 12,846 were via sales to end users. During the same timeframe, Smethport, Pennsylvania Electric Utility procured 14,199 megawatt hours by way of wholesale channels. The total revenue of Smethport, Pennsylvania Electric Utility in 2019 was $1,545,100, which was earned entirely through electricity sales to retail customers.

The Pennsylvania average monthly residential power bill is $140.64, while the Smethport, Pennsylvania Electric Utility average is 44.56% less at $76.75 per month. This is the 3rd lowest average monthly bill amount for a provider in the state. The company currently does not generate any of the electricity that they sell. Instead, they must purchase that electricity at wholesale prices from other companies and then resell it at a higher rate to end consumers.