Wilmington Electric Company

About Wilmington Electric Company

Wilmington Electric Company is a municipally owned organization headquartered in New Wilmington, Pennsylvania and serving customers in Lawrence County, Pennsylvania. The company has 782 customers. There are 591 residential customers and 191 commercial customer accounts. Wilmington Electric Company's consumers purchase electricity for, on average, 16.26 cents per kilowatt hour, which is 5.32% lower than the average state rate of 17.18 cents. In 2019 Wilmington Electric Company sold 88.43% of their megawatt hours by way of normal retail sales to end users. The megawatt hours sourced by the company primarily came from megawatt hours that they acquired on the wholesale market. They purchased 20,681 megawatt hours on the wholesale market. They made $2,716,000 in total revenue from electricity-related activities in 2019 through sales to retail end-users alone.

The average residential electricity bill for a customer of Wilmington Electric Company is $112.38 per month. Consumers of the provider pay a 19.71% 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.