AES Corporation

About AES Corporation

With headquarters in Arlington, Virginia, AES Corporation offers electricity services 7 states in the country and is classified as an investor owned entity. Presently, 701,619 consumers receive their electricity from the supplier. These customers are a mix of 626,810 residential locations, 69,096 commercial customer accounts, one transportation customer and 5,712 industrial customer accounts. AES Corporation bills their consumers a residential electricity price of 13.92 cents per kilowatt hour on average. This is 11.65% lower than the nationwide average rate of 15.76 cents, resulting in the supplier ranking 1631st best for average electricity rate out of 2892 companies in the United States. AES Corporation had total sales and disposition of 21,210,790.64 megawatt hours in 2022, of which 81.92% were via retail sales and 16.56% were from wholesale sales. The electricity generated in the company's power plants made up 14,399,679.6 of the megawatt hours sourced by the company and the purchase of wholesale electricity made up an additional 6,811,111.04 megawatt hours. The company had $2,748,350,625 in 2022. Exactly $315,397,554 of that revenue came from electricity sales on the wholesale market and $2,061,337,071 came from retail electricity sales.

The US average monthly residential electricity bill is $135.34, while the AES Corporation average is 10.58% less at $121.02 per month. Of the 3526 electricity companies in the US that we track, AES Corporation is the 6th highest producer of megawatt hours from solar energy. AES Corporation ranks as the 37th highest electricity producer out of 3526 suppliers in the nation. AES Corporation is the 76th largest electricity company out of 3526 providers in the United States based on megawatt hours sold.