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 175,077 residential accounts, 19,584 commercial accounts, one transportation account and 2,832 industrial customers. Tacoma Power bills their patrons a residential electricity rate of 10.66 cents per kilowatt hour on average, which is 6.26% less than the state's average rate of 11.37 cents and 32.34% below the nationwide average of 15.76 cents. In 2022 they sold 67.25% of their total megawatt hours disposed to end users (known as retail sales). The electricity generated in the company's power plants made up 2,755,817 of the megawatt hours sourced by the company. The purchase of wholesale electricity made up an additional 4,356,237 megawatt hours. Their revenue for 2022 from electricity related activities was $540,791,000, with 23.49% coming from sales to the wholesale electricity market.

The national average monthly residential electric bill is $135.34, while the Tacoma Power average is 28.42% less at $96.87 per month. This is the 762nd lowest average monthly bill amount for a supplier in the country. The electricity grid owned by the provider experiences 0.73 outages per customer per year, with outages lasting an average of 76.19 minutes. The US average for other providers is 1.45 outages per customer and 171.11 minutes each outage. Tacoma Power produces 2,412,696 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.