Family Energy

About Family Energy

Family Energy provides electricity to 740 cities in New York such as the cities of New York, Buffalo, Rochester, Yonkers, and Syracuse. The organization is a retail power marketer. Family Energy's customers are charged an average electricity only residential rate of 9.66 cents per kilowatt hour. Thankfully for their customers, this rate is below both the New York and the nationwide average electricity only rates of 11.51 and 11.29 cents per kilowatt hour, respectively. The supplier sold 726,568 megawatt hours via retail sales in 2022. The electricity sourced by Family Energy is made up primarily of megawatt hours they purchased via the wholesale electricity market. Of the total electricity sourced by the company, whole purchased made up 100.00%. The revenue for the company for 2022 from electricity sales was $67,642,000, with all revenue coming from retail sales to end users.

The nationwide average monthly residential electricity only bill is $73.94, while the Family Energy average is 41.42% lower at $43.32 per month. The company does not have ownership in any power plants and all of the power that they sell to their customers must be purchased from other providers.