Tacoma Power

About Tacoma Power

Tacoma Power is a municipally owned entity. The largest city served by Tacoma Power is Tacoma, but the company also supplies electricity to 9 cities in Washington. The supplier has 179,898 residential accounts, 19,909 commercial accounts, one transportation account and 2,780 industrial customers. Tacoma Power bills their patrons a residential electricity rate of 11.05 cents per kilowatt hour on average, which is 7.20% less than the state's average rate of 11.91 cents and 31.46% below the nationwide average of 16.13 cents. In 2023 they sold 75.97% of their total megawatt hours disposed to end users (known as retail sales). The electricity generated in the company's power plants made up 2,014,943 of the megawatt hours sourced by the company. The purchase of wholesale electricity made up an additional 3,949,806 megawatt hours. Their revenue for 2023 from electricity related activities was $507,062,000, with 16.80% coming from sales to the wholesale electricity market.

The national average monthly residential electric bill is $141.25, while the Tacoma Power average is 29.82% less at $99.13 per month. This is the 620th lowest average monthly bill amount for a supplier in the country. The electricity grid owned by the provider experiences 0.6 outages per customer per year, with outages lasting an average of 55.16 minutes. The US average for other providers is 1.44 outages per customer and 123.49 minutes each outage. Tacoma Power produces 2,122,443 megawatt hours from their production facilities, which ranks them as the 13th highest producer of electricity of all 56 electricity providers in the state. Tacoma Power is the 7th largest electricity company out of 56 electricity companies in the state based on total megawatt hours sold.