Star Energy Partners

About Star Energy Partners

Star Energy Partners is a retail power marketer providing electricity in 6 states in the United States. This service territory also incorporates 4436 cities within these states. The company specializes in one customer type. The entirety of their customer base (39,877 accounts) is made up by residential customers. On average, Star Energy Partners' residential electricity only rate is 10.67 cents per kilowatt hour. This is 27.90% more than the national average electricity only rate of 8.34 cents, resulting in the supplier ranking 140th out of 154 providers in the nation for lowest average electricity only price. They had sales of 354,882 megawatt hours in 2021 by way of retail sales. The electricity they sourced was made up of megawatt hours acquired on the wholesale electricity market. They purchased 354,882 wholesale megawatt hours. The total revenue for the company in 2021 from electricity sales was $37,874,400, with all revenue coming from retail sales to end users.

Patrons of the company pay an average monthly residential electricity only bill of $79.15. This is 30.89% above the national average bill of $60.47. Electricity production is not handled in house at the company, as they purchase electricity at wholesale rates from other suppliers and then resell to their end users.