Beloit, Kansas Electric Utility

About Beloit, Kansas Electric Utility

Beloit, Kansas Electric Utility is a municipally owned organization serving Beloit, Kansas. There are a total of 2,052 customers receiving service from the supplier. These customers are made up of 29 industrial accounts, 411 commercialproperties and 1,612 residential properties. Beloit, Kansas Electric Utility has an average residential electricity rate of 12.67 cents per kilowatt hour. Thankfully for their customers, this price is less than both the Kansas and the nationwide average rates of 13.39 and 15.73 cents per kilowatt hour, respectively. The company sold 42,777 megawatt hours in 2019 through traditional retail sales. Electricity generation plants owned by the company produced 0.25% of the megawatt hours sourced by the provider and an additional 99.75% was purchased on the wholesale market. In 2019, they made a total of $5,164,000 from business activities relating to the sale and transfer of electricity. They had 90.03% of their revenue coming from retail sales to end users.

The state average monthly residential electricity bill is $117.75, while the Beloit, Kansas Electric Utility average is 21.20% less at $89.04 per month. This is the 37th lowest average monthly bill amount for a supplier in the state. Electricity production facilities owned or managed by the provider use non-renewable fuels to generate 100.00% of their total electricity production, or 210 megawatt hours. They rank 495th in the country out of 3517 companies. Electricity production is not handled in house at the company, as they purchase electricity at wholesale rates and then resell to their consumers. Beloit, Kansas Electric Utility ranks as the 725th highest electricity producer in the nation out of 3517 suppliers.