StateWise Energy

About StateWise Energy

StateWise Energy is a retail power marketer. A retail power marketer is a provider that does business in deregulated electricity markets where consumers are able to purchase electricity from a multitude different providers. StateWise Energy averages 8.96 cents per kilowatt hour for electricity only charged to their patrons for residential electricity. This is 28.59% less than the national average electricity only price of 12.55 cents, ranking the supplier at 28th out of 142 companies in the nation for lowest average electricity only rate. They sold 75,760 megawatt hours by way of retail sales in 2023. The purchase of wholesale electricity made up 100.00% of the electricity sourced by the company. The total revenue of the supplier in 2023 was $6,728,700, which was earned entirely through electricity sales to retail customers.

The United States average monthly residential electricity only bill is $84.31, while the StateWise Energy average is 13.32% lower at $73.08 per month. This is the 54th lowest average monthly bill amount for a provider in the United States. The company is not associated with any electricity plants and all of the electricity that they sell to their consumers must be purchased from other providers.