Approved Energy II, LLC
Retail Power Marketer electric utility · New Jersey · #1,552 of 3,199 U.S. utilities by customers · EIA utility #63122
Approved Energy II, LLC is a retail power marketer electric utility serving 5,008 customers in New Jersey, New York, Ohio, Pennsylvania. In 2025 it sold 409 gigawatt-hours of electricity for $47.51M in revenue, an average realized rate of 11.63¢ per kWh across all customer classes and 17.97¢ per kWh for residential customers. EIA records its activities as: retail marketing, bundled.
Customers, sales and rates by customer class (2025)
| Class | Customers | Sales (GWh) | Revenue | Avg realized rate | Share of sales |
|---|---|---|---|---|---|
| Residential | 5 | 0.1 | $13.30K | 17.97¢ | |
| Commercial | 5,003 | 409 | $47.50M | 11.63¢ | |
| Total | 5,008 | 409 | $47.51M | 11.63¢ |
Average realized rate = revenue divided by sales as reported on EIA Form 861. It blends fixed charges, demand charges and riders into one per-kWh figure; it is not the utility's tariff rate. Estimated residential bill assumes the average residential customer's actual 2025 usage (1,233 kWh/month).
Operations by state
| State | Customers | Sales (GWh) | Residential rate |
|---|---|---|---|
| New Jersey | 2,626 | 258 | 13.53¢ |
| New York | 2,096 | 107 | 19.30¢ |
| Pennsylvania | 285 | 43.2 | — |
| Ohio | 1 | 0.6 | — |
Five-year trend
| Year | Customers | Sales (GWh) | Revenue | Residential rate |
|---|---|---|---|---|
| 2021 | 1,349 | 131 | $11.05M | 8.83¢ |
| 2022 | 2,065 | 211 | $22.92M | 10.87¢ |
| 2023 | 5,060 | 592 | $64.88M | 14.28¢ |
| 2024 | 7,375 | 804 | $87.81M | 14.70¢ |
| 2025 | 5,008 | 409 | $47.51M | 17.97¢ |
Energy supply (2025)
Net generation: — GWh
Wholesale power purchased: 409 GWh
Winter peak demand: 130 MW
Other large utilities in New Jersey
- Public Service Elec & Gas Co - 2,256,376 customers, residential 25.03¢
- Jersey Central Power & Lt Co - 1,050,339 customers, residential 18.39¢
- Atlantic City Electric Co - 523,704 customers, residential 25.84¢
- IDT Energy, Inc. - 109,971 customers, residential 14.61¢
- Rockland Electric Co - 72,457 customers, residential 23.24¢
- City of Vineland - (NJ) - 25,975 customers, residential 18.55¢
- Sussex Rural Electric Coop Inc - 12,201 customers, residential —
- Palmco Power NJ, LLC - 11,903 customers, residential 24.58¢
All New Jersey utilities and rates
Source: U.S. Energy Information Administration, Form EIA-861 2025 (filed by the utility; figures as published). Utility #63122 in the EIA frame.