First Point Power: Rates and Coverage Area

First Point Power

Electricity Rates, Plans & Statistics

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About First Point Power

First Point Power is a retail power marketer with headquarters in Cranston, Rhode Island and supplying electricity to customers in 9 states in the US including in major cities such as Boston, Worcester, Springfield, Bridgeport, and New Haven. First Point Power's consumers are billed an average electricity only residential rate of 12.81 cents per kilowatt hour. This is 13.47% higher than the national average electricity only rate of 11.29 cents, ranking the provider at 98th best for average electricity only price out of 150 providers in the United States. The supplier sold 2,056,359 megawatt hours through retail sales in 2022. The electricity sourced by the company is made up primarily of megawatt hours they acquired on wholesale channels. Of the total electricity sourced whole purchased made up 100.00%. The total revenue of the provider in 2022 was $206,982,800, which was earned entirely through electricity sales to retail customers.

Customers of the provider pay an average monthly residential electricity only bill of $90.13. This is 21.89% higher than the national average bill of $73.94. The company currently does not produce their own electricity. Instead, they must purchase that electricity at wholesale rates from other suppliers and then resell it to end customers.

First Point Power Rate & Electric Bills

First Point Power residential electric rates are highest in March and the highest average bill is in January.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.145/kWh$0.092/kWh$112.14/mo.$56.44/mo.
98th12.81¢First Point Power's Average residential price per kWh
125th$90.13Average monthly electricity bill for First Point Power's residential customers

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First Point Power Overview

  • Company Type:Retail Power Marketer
  • Headquarters:2000 Chapel View Boulevard Suite 450
    Cranston, Rhode Island 02920
    United States of America
  • CEO:Peter Schieffelin

First Point Power Contact

First Point Power Service

    Energy provider of the year for Rhode Island, Major Provider Category
    Lowest Energy Loss
    Rhode Island, Major Provider Category
    Claim Award
    Energy provider of the year for Maine, Major Provider Category
    Lowest Average Residential Monthly Bill
    Maine, Major Provider Category
    Claim Award
    Energy provider of the year for Maine, Major Provider Category
    Top 3 Lowest Residential Electricity Rate
    Maine, Major Provider Category
    Claim Award

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    First Point Power Coverage Map

    Coverage Map Placeholder

    First Point Power State Coverage

    StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
    Connecticut2,17814,900,385.0120
    Delaware49173,863.11480.17%
    Maine1,51619,620,858.65170.39%
    Maryland414,874.07850.02%
    Massachusetts50,815131,593,207.511594.2%
    New Hampshire4,36926,086,821.82103.22%
    New Jersey46311,672.46900.02%
    Pennsylvania133505,484.551060.07%
    Rhode Island2,43916,031,159.43121.91%
    9 states with service

    First Point Power County Coverage

    CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
    Androscoggin County113,0231729.50$153.47/mo
    Aroostook County67,2552029.88$154.18/mo
    Barnstable County232,4573437.24$188.06/mo
    Belknap County63,3951926.43$156.55/mo
    Berkshire County127,8593535.98$185.48/mo
    Bristol County580,0683835.43$185.62/mo
    Carroll County49,9611826.34$156.12/mo
    Cheshire County77,3501827.19$159.35/mo
    Coos County31,3601726.28$155.93/mo
    Cumberland County307,4511729.50$153.47/mo
    48 counties with coverage

    Cities First Point Power Has Coverage

    * City coverage generated based on government data. Always verify you can get service from the provider.

    First Point Power Reviews

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    First Point Power FAQ:

    How many states does First Point Power offer service in?

    First Point Power supplies electricity in 9 states in the US.

    What cities does First Point Power supply electricity in?

    First Point Power has customers in 548 cities.

    Who is the CEO of First Point Power?

    The current CEO of First Point Power is Peter Schieffelin.

    What is the average energy bill for First Point Power customers each month?

    First Point Power currently has an average monthly energy electric bill of $90.13, compared to the US of $73.94 for energy service.

    What is the average ENERGY electricity rate for First Point Power customers?

    Consumers of First Point Power, on average, have an electricity ENERGY rate 12.81 cents per kilowatt hour (¢/kWh).

    What is the phone number for First Point Power?

    The First Point Power phone number is (888) 875-1711.

    How many counties does First Point Power provider electricity in?

    There are 48 counties that receive at least some electricity coverage by First Point Power.

    Matt Hope
    Last Reviewed By: Matt Hope
    Published: 2022-08-01