Arnold, Nebraska Electric Utility

About Arnold, Nebraska Electric Utility

Arnold, Nebraska Electric Utility is headquartered in Arnold, Nebraska and it supplies electricity in the citizens there. A total of 497 customers (345 residential customers and 152 commercial customers) are provided electricity by the company. Patrons of Arnold, Nebraska Electric Utility spend, on average, 11.03 cents per kilowatt hour for their electricity, which is 0.59% lower than the state's average price of 11.10 cents and 29.44% lower than the nationwide average of 15.64 cents. In 2019 they had retail sales of 6,051 megawatt hours. The megawatt hours sourced by the supplier primarily came from megawatt hours that they procured by way of wholesale channels. They purchased 7,380 megawatt hours on the wholesale market. Their revenue for 2019 from electricity related activities was $910,000, with 98.90% coming from retail sales to end users.

The nationwide average monthly residential electric bill is $132.69, while the Arnold, Nebraska Electric Utility average is 4.95% below at $126.13 per month. This is the 1631st lowest average monthly bill amount for a supplier in the nation. Electricity generation is not handled in house at the company, as they purchase electricity at wholesale rates and then resell to their consumers.