Unitil

About Unitil

Unitil is an investor owned entity headquartered in Hampton, New Hampshire and serving customers in 2 states in the United States. A total of 20 industrial accounts, 6,938 commercial customer accounts and 47,625 residential customers purchase their electricity from the company. The average residential electricity rate for Unitil is around 25.13 cents per kilowatt hour, resulting in the company ranking 2849th out of 2885 in the nation for average electricity rate. A total of 643,965 megawatt hours were sold to retail customers in 2023 by the supplier. The electricity sourced by Unitil is made up primarily of megawatt hours they purchased on the wholesale electricity market. This category makes up 100.00% of all electricity sourced by the company. Their total revenue for 2023 from electricity related activities was $307,103,800, with 67.88% coming from retail sales to end users and 1.30% from sales to the wholesale electricity market.

The average residential power bill for a consumer of Unitil is $149.95 per month, while the nationwide average is $139.28. The electricity grid owned by the supplier experiences an average of 1.05 outages per customer each year, with outages lasting roughly 90.65 minutes. The nationwide average for other companies is 1.44 outages per consumer and 123.49 minutes per outage. The company currently does not generate any of the electricity that they sell. Instead, they must purchase that electricity at wholesale rates and then resell it to end customers.