Solvay Electric is headquartered in Solvay, New York and supplies electricity in 16 cities in the state. There are 5,163 customer accounts receiving electricity from the company. These customer accounts are made up of 90.80% residential accounts, 8.89% commercial customers and 0.31% industrial customers. Solvay Electric's customers are billed an average residential electricity price of 5.87 cents per kilowatt hour, which is 68.88% below the average New York price of 18.85 cents and 56.37% below the nationwide average of 13.45. They sold 543,085 megawatt hours via retail sales in 2020. The electricity sourced by the company primarily came from megawatt hours that they acquired by way of the wholesale market. They purchased 550,786 on the wholesale market. Their revenue in 2020 from electricity related activities was $25,831,100, with 99.23% coming from retail sales to end users.
About Solvay Electric
The nationwide average monthly residential electric bill is $120.24, while the Solvay Electric average is 47.39% below at $63.26 per month. This is the 117th lowest average monthly bill amount for a supplier in the US. The company has seen a decrease in CO2 emissions of 4,726,071.4 kilograms (1.93%) over the last 12 months. Electricity production is not part of the Solvay Electric business plan, as they purchase electricity at wholesale rates from other companies and then resell to their consumers.
Regrettably, Solvay Electric does not offer net metering options to their customers. The purchase of solar panels and alternative electricity sources is often too expensive for citizens. Net metering would allow purchasers of these electricity sources to sell extra megawatt hours back to the grid, making the installation of these alternative sources economically viable .
Solvay Electric currently suffers from the loss of around 1.40% of the electricity that they generate via heat dissipation and other causes. This percentage of energy lost results in them being given a rank of 1306th worst out of 3511 suppliers reporting energy loss in the nation.
Solvay Electric Rate & Electric Bills
Solvay Electric residential electric rates are highest in January and the highest average bill is in May.
Historical Electric Rates:
Solvay Electric Overview
- Company Type:Municipal
- Headquarters:1100 Woods Road
Solvay, New York 13209
United States of America
Solvay Electric Contact
Solvay Electric Service
- States Served:
- New York
- Counties Served:
- Onondaga County
- Major Cities Served:
- Fairmount CDP
- North Syracuse
- Mattydale CDP
- Westvale CDP
- Galeville CDP
- Table Of Contents:
Quick Facts About Solvay Electric
Emitting 239,855,224.41 kilograms of CO2 and other equivalent gases, Solvay Electric comes in as the 763rd worst polluting provider in the country out of the 3511 we follow.
Solvay Electric's energy loss due to business operations.
Total Energy Loss
1306 National Rank
Solvay Electric Coverage Map
Solvay Electric State Coverage
|State||Customers||Sales ($)||State Rank Based On Revenue||% of Provider's Residential Sales in State|
Solvay Electric County Coverage
|County||Population||Providers||Avg. County Rate (¢)||Avg. Electric Bill|
Cities Solvay Electric Has Coverage
- Baldwinsville, NY
- Camillus, NY
- East Syracuse, NY
- Elbridge, NY
- Fabius, NY
- Fayetteville, NY
- Jordan, NY
- Liverpool, NY
- Manlius, NY
- Marcellus, NY
- Minoa, NY
- North Syracuse, NY
- Skaneateles, NY
- Solvay, NY
- Syracuse, NY
- Tully, NY
* City coverage generated based on government data. Always verify you can get service from the provider.
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Solvay Electric FAQ:
What is the phone number for Solvay Electric?
Solvay Electric's customer service phone number is (315) 468-1670
What cities does Solvay Electric sell electricity in?
Solvay Electric supplies to 16 cities.
What is the average electricity rate for Solvay Electric customers?
Consumers of Solvay Electric, on average, have an electricity rate 5.87 cents per kilowatt hour (¢/kWh).
What is the average bill for Solvay Electric customers each month?
Solvay Electric currently has an average monthly electric bill of $63.26, compared to the New York average of $114.48 and the national of $114.48.