Southern Federal Power

About Southern Federal Power

Southern Federal Power is a retail power marketer. A retail power marketer is a company that does business in deregulated electricity markets where customers can choose from a multitude electricity providers. The company last disclosed a total of 10,710 customers, all of which are residential accounts. Southern Federal Power averages 7.09 cents per kilowatt hour billed to their patrons for residential electricity, which is 49.41% lower than the state's average rate of 14.01 cents. This makes the company 6th lowest for average electricity rate out of 204 suppliers in the state. The company sold 184,417 megawatt hours in 2022 through retail accounts. Of the megawatt hours they sourced, 184,417 megawatt hours were obtained on wholesale channels. Through sales to retail customers , Southern Federal Power earned $13,070,000 in 2022.

Customers of the provider pay an average monthly residential electric bill of $101.7. This is 42.89% below the Texas average of $158.61. 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.