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 $117.93. Patrons of the company pay 85.01% less compared to the rest of the US. The company currently does not generate their own electricity. Instead, they must purchase that electricity at wholesale prices and then resell it to end users.
Providers routinely submit data for energy lost through electricity transmission to government agencies who track infrastructure efficiencies. Spark Energy recently reported a loss of 6.17% of their electricity production total. The US energy loss average is 2.76%, resulting in Spark Energy receiving a rank of 1178th best out of 3510 companies who report energy loss in the country.
Spark Energy Rate & Electric Bills
Spark Energy residential electric rates are highest in January and the highest average bill is in September.
Historical Electric Rates:
Spark Energy Overview
- Company Type:Retail Power Marketer
- Parent Company:National Gas & Electric
- Subsidiary CompaniesCenStar EnergyMajor Energy Electric ServicesOasis PowerProvider PowerPerigee Energy
- Headquarters:12140 Wickchester Lane, Suite 100
Houston, Texas 77079
United States of America
- CEO:W. Keith Maxwell III
Spark Energy Contact
Spark Energy's energy loss due to business operations.
Total Energy Loss
1178 National Rank
Spark Energy State Coverage
|State||Customers||Sales ($)||State Rank Based On Revenue||% of Provider's Residential Sales in State|
|District of Columbia||999||1,093,000||31||0.35%|
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.