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Via Reports Higher Unit Margins

October 31, 2024

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Copyright 2024 EnergyChoiceMatters.com
Reporting by Paul Ring • ring@energychoicematters.com

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Via Renewables, Inc. reported Adjusted EBITDA of $10.3 million for the quarter ending Sept. 30, 2024, versus $12.7 million a year ago

Via's Retail Gross Margin saw a decrease to $30.0 million for the three months ending Sept. 30, 2024, down from $31.9 million a year ago, due to lower volumes, though higher unit margins were reported in both electricity and gas

Electricity Retail Gross Margin per MWh was $43.65 per MWh for the three months ending Sept. 30, 2024, up from $41.40 per MWh a year ago

Natural Gas Retail Gross Margin per MMBtu was $4.16 per MMBtu for the three months ending Sept. 30, 2024, up from $3.64 per MMBtu a year ago

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