Wilmington Electric Company

About Wilmington Electric Company

Wilmington Electric Company provides electricity in New Wilmington, Pennsylvania and rural areas of Lawrence County. Electricity providers must regularly report their customer counts to government agencies. On the most recent reports the company listed 744 customers signed on for their services. Roughly 580 of these are residential properties and 22.04% are commercial properties. On average, Wilmington Electric Company's customers spend 16.04 cents per kilowatt hour for their residential electricity, which is 7.58% less than the average Pennsylvania rate of 17.35 cents, a welcome situation for their consumers. The company had sales of 18,288 megawatt hours in 2019 sold to end users. The electricity sourced by Wilmington Electric Company is made up primarily of megawatt hours they purchased on wholesale channels. Of the total electricity sourced by the company, whole purchased made up 100.00%. The supplier had $2,716,000 in total revenue for 2019 from electricity-related activities, all of which came from retail sales to end-users.

The average residential electricity bill for a customer of Wilmington Electric Company is $100.05 per month. Consumers of the provider pay a 23.65% markdown compared to other residents of Pennsylvania. The provider currently does not generate any of the electricity that they sell. Instead, they must purchase that electricity at wholesale rates from other providers and then resell it to end consumers.