Fairport Electric

Name

Fairport Electric

Legal name

Fairport Municipal Commission

Website

https://fairportny.com

Company type

Private

Founded year

1900

Operating status

Operating

Headcount range

1–10 employees

Short description

Fairport Electric is a not-for-profit, community-owned municipal electric utility operated by the Village of Fairport's Municipal Commission, distributing electricity from NYPA hydropower to residential, commercial, and industrial customers across a 26-square-mile franchise in Fairport and Perinton, New York.

Ownership category

akta.pro rank

Product category

Municipal Electric Utility

NAICS

Electric Power Distribution (221122), Electric Power Generation, Transmission and Distribution (2211)

SIC

Electric Services (4911)

akta.pro industry

PRIMARYEUADABAI

Electric Distribution System Owners (Wires-Only Companies)

Energy, Utilities & Environment/Electric Transmission & Distribution (T&D)/Distribution System Operators (DSOs) & Electric Distribution Utilities

SECONDARYEUAEAFAA

High-Voltage Electrical Systems (Switchgear, Transformers, Protection & Control)

Energy, Utilities & Environment/Energy Infrastructure & Services (EPC, O&M, Field Services)/Mechanical, Electrical & Plumbing (MEP) for Energy Facilities

SECONDARYIMAFAHAC

Distribution Network Construction (Feeders, Laterals, Service Drops)

Industrials, Manufacturing & Construction/Construction & Civil Engineering/Power & Utility Infrastructure Construction (T&D, Substations)

Keywords

• Municipal electric utility
• Electricity distribution services
• Hydropower power supply
• Energy efficiency rebates
• Public EV charging

Headquarters

HQ city

Fairport

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Operations, Supply Chain, Personnel, Infrastructure, Technology or R&D

Revenue model

1. Electricity Distribution: Fairport Electric operates as a not-for-profit municipal electric utility reselling hydropower purchased from NYPA at preference prices to customers. Revenue is generated through base rates ($0.04083/kWh for first 1000 kWh residential) plus a Purchased Power Adjustment Clause (PPAC) for incremental power costs. The utility is owned by residents and customers of the Village of Fairport and most of Perinton, with operations overseen by a five-person appointed Commission.
2. Energy Conservation Rebates: The utility sponsors residential appliance rebates, heat pump rebates, and commercial rebates through the Independent Energy Efficiency Program (IEEP) to encourage energy efficiency among customers.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Fairport Electric is a not-for-profit municipal electric utility that distributes electricity to residential, commercial, and industrial customers within a 26-square-mile franchise area covering the Village of Fairport and most of the Town of Perinton in New York. It resells preference-priced hydropower allocated by the New York Power Authority (NYPA) at Niagara Falls, supplemented by incremental power purchased through the New York Municipal Power Agency (NYMPA). The utility supports its core service with energy efficiency rebates through the Independent Energy Efficiency Program (IEEP) and a public EV charging network operated in partnership with synergEV.

Product overview

Fairport Electric, operated by the Fairport Municipal Commission, is a not-for-profit, community-owned municipal electric utility serving the Village of Fairport and most of the Town of Perinton (a 26-square-mile franchise area) in Monroe County, New York. The utility's core offering is residential and commercial/industrial electric distribution service, sourcing the majority of its power from low-cost hydropower allocations via the New York Power Authority (NYPA) at the Robert Moses Generating Facility at Niagara Falls, with supplemental power purchased through the New York Municipal Power Agency (NYMPA). The utility offers a tiered rate structure with a base rate plus a Purchased Power Adjustment Clause (PPAC), and maintains rates approximately one-third below regional investor-owned utilities. Supporting the core electric service, Fairport Electric operates a Public EV Charging Network of 24 ports across 6 parking lot locations (powered by synergEV, part of the EVolve NY Accelerator Community), an Independent Energy Efficiency Program (IEEP) providing appliance and heat pump rebates, an Electric Reliability Program combining tree trimming and underground cable injection maintenance, an online bill payment portal, and an Everbridge-based outage and maintenance notification system. The utility has received national recognition from the American Public Power Association for achieving 16-minute average outage time (2025), significantly better than the 149-minute U.S. utilities average.

Differentiator

Problem solved

Functional benefit

Products and services

• Fairport Electric Residential Service

Quantifiable outcome

• Average outage time of 16 minutes in 2025 (excluding major events), compared to 149-minute average for all U.S. utilities
• +1 more outcomes

Named customers3 records

Segments2 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration5 records

Feature3 records

Partnerships

Four partnerships are on record, tiered minor and core.

• Birchcrest Tree and LandscapeminorImplementation/ SI/ Consulting Partner · 1 January 2025Awarded the 2025 tree trimming contract to maintain clearance around power lines using directional pruning techniques. Certified contractors perform tree trimming every five years on a geographic schedule.
• New York Power Authority (NYPA)coreStrategic or Co-development PartnerNYPA generates power at the Robert Moses Generating Facility at Niagara Falls. As a condition of generating power using Niagara River waters, NYPA must sell a portion of its generation to municipal and investor-owned utilities at a low, preference price. Fairport Electric has a contract for 77.6 megawatts per month of hydropower, which expires in 2040.
• New York Municipal Power Agency (NYMPA)coreStrategic or Co-development PartnerNYMPA is a joint action agency of 34 municipal members with electric systems similar to Fairport. Fairport Electric purchases incremental power (when hydropower allocation is exceeded) through NYMPA contracts. NYMPA also files generic tariff revisions on behalf of member utilities.
• Independent Energy Efficiency Program (IEEP)coreStrategic or Co-development PartnerIEEP sponsors residential appliance rebate programs, heat pump rebates, commercial rebates, and battery powered yard equipment rebates for Fairport Electric customers. The program is administered through IEEP, P.O. Box 2489, Syracuse, NY 13220.

Scale indicators6 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• Village of Endicott Municipal Electric Department: Upstate NY village-owned electric distribution utility in Broome County. Operates a similar small-scale, not-for-profit municipal distribution business with NYMPA-style joint procurement arrangements.
• Village of Rockville Centre Electric Department: Long Island, NY municipal electric utility. Comparable not-for-profit municipal distribution operation serving residential and commercial customers within an exclusive franchise territory.
• Village of Hamilton Electric Light Department: Madison County, NY village-owned electric utility serving a small college-town franchise. Similar franchise-area, single-geography distribution model with comparable municipal governance and small operational footprint.
• Village of Groton Municipal Electric Department: Small municipal electric utility in Tompkins County, NY. Directly comparable to Fairport in scale, customer concentration, and reliance on wholesale power arrangements through joint municipal agencies.
• Village of Freeport Electric Department: Long Island, NY municipal electric utility serving residential and commercial customers with comparable franchise-area distribution model. Closest functional analog to Fairport in terms of size, customer mix, and not-for-profit municipal ownership.
• Village of Penn Yan Municipal Electric Department: Yates County, NY village-owned municipal electric utility. Comparable small-scale distribution business with similar reliance on hydropower allocations and joint-action-agency procurement.

Others

• New York Power Authority (NYPA): State-owned wholesale power supplier that provides Fairport's 77.6 MW/month hydropower allocation from the Robert Moses Generating Facility at Niagara Falls. Core upstream supplier and contractual counterparty.
• New York Municipal Power Agency (NYMPA): Joint action agency of 34 NY municipal electric utilities (including Fairport) that collectively purchase incremental power, file generic tariff revisions, and share regulatory advocacy. Strategic ecosystem participant rather than a direct competitor.

Broad incumbents

• Rochester Gas and Electric (RG&E): Investor-owned utility (Avangrid subsidiary) serving the broader Rochester, NY region including areas adjacent to Fairport's franchise. Named in Fairport's own materials as a regional competitor against which Fairport's rates are ~1/3 lower.
• New York State Electric and Gas (NYSEG): Investor-owned utility (Avangrid subsidiary) operating across upstate NY. Referenced alongside RG&E as the regional IOU benchmark against which Fairport Electric competes on price.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/Village.Fairport.NY
• LinkedInlinkedin.com/company/fairport-electric

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Fairport Electric