On recent government reports, the provider disclosed a total of 6,723 electricity customers. This total is made up of 5,821 residential customer accounts, 900 commercial customers and 2 industrial customer. The average residential electricity rate for Bedford Electric is about 12.64 cents per kilowatt hour, which is 6.05% below the nationwide average price of 13.45 cents. This ranks the provider 1938th out of 3510 providers in the country for best average electricity price. The company had sales of 170,520 megawatt hours in 2020 sold to end users. The electricity sourced by the company is made up of multiple sources including megawatt hours they generate and other megawatt hours procured on the wholesale market. Of the electricity sourced these two categories make up 5.31% and 94.69%, respectively. In 2020, the supplier had $19,065,600 in total revenue solely through retail electricity sales.
About Bedford Electric
The average monthly residential electricity bill for a consumer of Bedford Electric is $144.16 per month. Consumers of the provider have a 9.80% markup compared to the rest of the state. Based on customer count, Bedford Electric is the 29th largest supplier out of 32 suppliers in the state. The provider is the 160th largest generator of hydroelectric power out of 3510 providers in the country. Electricity production from renewable fuel types by the company totals 10,912 megawatt hours, ranking the provider 15th out of the 32 we track in Virginia.
All providers who generate electricity have some amount of energy loss from heat depletion or alternative factors. Bedford Electric is no different, as they have a yearly loss of about 17.09% of the total electricity they transmit. Bedford Electric's energy loss amounts leave them with a ranking of 20th best out of the 32 providers that operate in the state and report energy loss and 1408th best out of 3510 in the nation.
Bedford Electric Rate & Electric Bills
Bedford Electric residential electric rates are highest in January and the highest average bill is in July.
Historical Electric Rates:
Bedford Electric Overview
- Company Type:Municipal
- Headquarters:215 East Main Street
Bedford, Virginia 24523
United States of America
Bedford Electric Contact
Quick Facts About Bedford Electric
With production of 11,026 megawatt hours, Bedford Electric is ranked 502nd for total production of all suppliers in the United States.
Bedford Electric generates 114 megawatt hours from non-renewable fuels, which is 531st in the United States out of 3510 companies.
Bedford Electric's energy loss due to business operations.
Total Energy Loss
1408 National Rank
Bedford Electric Energy Makeup
Bedford Electric Coverage Map
Bedford Electric State Coverage
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Power Plants Owned by Bedford Electric
Bedford Electric Fuel Makeup
Bedford Electric Reviews
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Bedford Electric FAQ:
How many power plants are owned by or associated with Bedford Electric?
There are 2 power plants associated with or owned by Bedford Electric.
What is the average electricity rate for Bedford Electric customers?
The average price of electricity for customers of Bedford Electric is 12.64 cents per kilowatt hour (¢/kWh).
What is the average bill for Bedford Electric customers each month?
Consumers of Bedford Electric pay, on average, a monthly bill of $144.16.
What percentage of Bedford Electric’s electricity is produced using renewable fuel types?
Bedford Electric generates 98.97% of their electricity from renewable fuel sources.
What percentage of Bedford Electric’s electricity is produced from nonrenewable fuels?
Bedford Electric produces 1.03% of their electricity using nonrenewable fuel types.
What is the phone number for Bedford Electric?
The Bedford Electric phone number is (540) 587-6001.