South Bay Energy

About South Bay Energy

South Bay Energy is a retail power marketer. A retail power marketer is a provider that offers their services in deregulated electricity markets where customers are able to purchase electricity from many different providers. South Bay Energy's patrons pay an average electricity only residential rate of 17.15 cents per kilowatt hour, which is 37.95% higher than the national average electricity only rate of 12.43. Around 102,048 megawatt hours were sold by the provider to retail customers in 2023. The electricity sourced by South Bay Energy is made up of primarily wholesale purchased megawatt hours, with 109,910 acquired by the company. They earned $18,104,000 in 2023. All of that revenue came from retail sales alone.

Customers of the supplier pay an average monthly residential electricity only bill of $90.05. This is 10.39% more than the nationwide average bill of $81.58. The company currently does not produce their own electricity. Instead, they must purchase that electricity at wholesale prices from other providers and then resell it at a higher rate to end consumers.