Palmco Power NJ, LLC
Retail Power Marketer electric utility · New Jersey · #1,035 of 3,199 U.S. utilities by customers · EIA utility #56501
Palmco Power NJ, LLC is a retail power marketer electric utility serving 11,903 customers in New Jersey. In 2025 it sold 62.7 gigawatt-hours of electricity for $13.90M in revenue, an average realized rate of 22.17¢ per kWh across all customer classes and 24.58¢ per kWh for residential customers. EIA records its activities as: retail marketing.
Customers, sales and rates by customer class (2025)
| Class | Customers | Sales (GWh) | Revenue | Avg realized rate | Share of sales |
|---|---|---|---|---|---|
| Residential | 11,809 | 51.2 | $12.58M | 24.58¢ | |
| Commercial | 94 | 11.5 | $1.33M | 11.49¢ | |
| Total | 11,903 | 62.7 | $13.90M | 22.17¢ |
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 (361 kWh/month).
Five-year trend
| Year | Customers | Sales (GWh) | Revenue | Residential rate |
|---|---|---|---|---|
| 2021 | 4,976 | 54.2 | $6.83M | 20.87¢ |
| 2022 | 5,992 | 64.3 | $9.76M | 28.61¢ |
| 2023 | 5,417 | 43.2 | $7.57M | 25.56¢ |
| 2024 | 7,211 | 46.8 | $8.76M | 22.73¢ |
| 2025 | 11,903 | 62.7 | $13.90M | 24.58¢ |
Energy supply (2025)
Net generation: — GWh
Wholesale power purchased: 62.7 GWh
Winter peak demand: — 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 —
- Borough of Butler - (NJ) - 11,849 customers, residential —
All New Jersey utilities and rates
Source: U.S. Energy Information Administration, Form EIA-861 2025 (filed by the utility; figures as published). Utility #56501 in the EIA frame.