Southern Federal Power

About Southern Federal Power

Southern Federal Power 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 18,326 customers, all of which are residential property types. Southern Federal Power averages 7.74 cents per kilowatt hour charged to their consumers for residential electricity, which is 49.82% lower than Texas' average price of 15.43 cents and 52.07% below the nationwide average of 16.15 cents. In 2023 they sold 322,997 megawatt hours to end users (known as retail sales). During the same timeframe, Southern Federal Power acquired 322,997 megawatt hours through the wholesale market. Their total revenue for 2023 from electricity activities was $23,964,800, with 100.00% coming from retail sales to end users.

Customers of the provider pay an average monthly residential electric bill of $119.33. This is 37.54% below the Texas average of $172.77. 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.