V247 Power Corporation: Rates and Coverage Area

V247 Power Corporation

Electricity Rates, Plans & Statistics

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About V247 Power Corporation

V247 Power Corporation is a retail power marketer. A retail power marketer is a company that offers their services in deregulated electricity markets where customers can purchase electricity from multiple different providers. The average residential electricity rate for V247 Power Corporation is roughly 11.14 cents per kilowatt hour. This is 23.07% below the state's average rate of 14.48 cents. There were a total of 135,980 megawatt hours sold to retail accounts in 2022 by the provider. The electricity they sourced consisted of megawatt hours that they acquired on the wholesale market. They purchased 135,980 wholesale megawatt hours. They earned $14,287,300 in 2022, which they earned entirely through sales to retail customers.

The average monthly residential power bill for a consumer of V247 Power Corporation is $37.67. The provider currently does not generate their own electricity. Instead, they must purchase that electricity at wholesale prices and then resell it at a higher rate to end users.

V247 Power Corporation Rate & Electric Bills

V247 Power Corporation residential electric rates are highest in April and the highest average bill is in July.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.116/kWh$0.090/kWh$183.29/mo.$25.33/mo.
522nd11.14¢V247 Power Corporation's Average residential price per kWh
16th$37.67Average monthly electricity bill for V247 Power Corporation's residential customers

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V247 Power Corporation Overview

  • Company Type:Retail Power Marketer
  • Headquarters:9999 Bellaire Boulevard Suite #1133
    Houston, Texas 77036
    United States of America
  • CEO:Robert Pham

V247 Power Corporation Contact

V247 Power Corporation Service

  • States Served:
    • Texas

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V247 Power Corporation State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
Texas25,95914,239,578.1152100%

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V247 Power Corporation FAQ:

Who is the CEO of V247 Power Corporation?

Robert Pham is the CEO of V247 Power Corporation.

What is the phone number for V247 Power Corporation?

V247 Power Corporation's customer service phone number is (855) 888-9888

What is the average bundled electricity rate for V247 Power Corporation customers?

Consumers of V247 Power Corporation, on average, have an electricity bundled rate 11.14 cents per kilowatt hour (¢/kWh).

What is the average bundled bill for V247 Power Corporation customers each month?

Customers of V247 Power Corporation pay, on average, a monthly bundled bill of $37.67.

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Last Reviewed By: Ginalyn Gelera
Published: 2022-03-13