About Spark Energy

Spark Energy is a retail power marketer. A retail power marketer is a provider that operates in deregulated electricity markets where customers can purchase electricity from a multitude different providers. There are 39,430 customers of the company. Approximately 97.00% of them are residential customers and 3.00% of them are commercial properties. On average, Spark Energy's residential electricity rate is 2.48 cents per kilowatt hour . This is lower than US average rate of 13.26 cents per kilowatt hour. In 2020 they sold 4,126,170 megawatt hours by way of retail sales to end users. The electricity sourced by Spark Energy is made up primarily of megawatt hours they procured via wholesale channels. This category makes up 100.00% of the total electricity sourced. In 2020, the total revenue for the company was $476,183,900, which was earned exclusively through electricity sales to retail customers.

The average residential electricity bill for a consumer of Spark Energy is $17.67, while the nationwide average is $117.93. Patrons of the company pay 85.01% less compared to the rest of the US. The company currently does not generate their own electricity. Instead, they must purchase that electricity at wholesale prices and then resell it to end users.

Energy Loss

Providers routinely submit data for energy lost through electricity transmission to government agencies who track infrastructure efficiencies. Spark Energy recently reported a loss of 6.17% of their electricity production total. The US energy loss average is 2.76%, resulting in Spark Energy receiving a rank of 1178th best out of 3510 companies who report energy loss in the country.

Spark Energy Rate & Electric Bills

Spark Energy residential electric rates are highest in January and the highest average bill is in September.

Historical Electric Rates:

Price Per kWHAverage Bill$0.120/kWh$0.104/kWh$153.00/mo.$103.03/mo.
11th2.48¢Spark Energy's Average residential price per kWh
15th$17.67Average monthly electric bill for Spark Energy's residential customers

Spark Energy Overview

Spark Energy Contact

Spark Energy Service

Energy provider of the year for Delaware, Major Provider Category
Lowest Average Residential Monthly Bill
Delaware, Major Provider Category
Claim Award
Energy provider of the year for Delaware, Major Provider Category
Top 3 Lowest Residential Electricity Rate
Delaware, Major Provider Category
Claim Award

Energy Loss

Spark Energy's energy loss due to business operations.

-6.17%

Total Energy Loss

271,522MWh

1178 National Rank

Spark Energy State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
Connecticut21,17942,084,000126.5%
Delaware121130,000460.05%
District of Columbia9991,093,000310.35%
Illinois43,68043,417,0002614.71%
Maine38,80044,012,000310.66%
Maryland6,6349,681,000333.17%
Massachusetts28,82856,365,800219.4%
New Hampshire27,86033,299,00087.74%
New Jersey24,35337,821,100249.95%
New York40,64860,173,0001711.76%

Spark Energy Reviews

Write a Review of Spark Energy

Spark Energy FAQ:

Does Spark Energy have a parent company?

Spark Energy is owned by National Gas & Electric.

Who is the CEO of Spark Energy?

The CEO of Spark Energy is W. Keith Maxwell III.

Does Spark Energy have any subsidiary companies?

Spark Energy owns CenStar Energy, Major Energy Electric Services, Oasis Power, Provider Power, and Perigee Energy.

What is the average BUNDLED electricity rate for Spark Energy customers?

Spark Energys current average BUNDLED electricity rate is 2.48 cents per kilowatt hour (¢/kWh), compared to the average US BUNDLED rate of 13.26 cents.

What is the average bundled bill for Spark Energy customers each month?

Consumers of Spark Energy pay, on average, a monthly bundled bill of $17.67.

What is the phone number for Spark Energy?

You can reach Spark Energy by phone via (877) 547-7275.

How many states does Spark Energy supply electricity to?

Spark Energy sells electricity in 13 states in the US including, Texas, New York, Pennsylvania, Illinois, and Ohio.

Last Reviewed By: Ginalyn Gelera
Published: 2021-03-16Last Updated: 2022-01-06