Cambridge Utilities

About Cambridge Utilities

Cambridge Utilities provides electricity for Cambridge, Nebraska and is a municipally owned entity. A total of 502 residential customers, 144 commercial accounts and one industrial account purchase their electricity from the supplier. Cambridge Utilities' average residential electricity price per kilowatt hour is 12.17 cents per kilowatt hour, which is 2.31% higher than the average state rate of 11.90 cents. There were a total of 48,038 megawatt hours sold through retail sales in 2019 by the supplier. The electricity sourced consisted of megawatt hours generated by the company at electricity facilities they own and megawatt hours procured on the wholesale electricity market. They purchased 49,148 wholesale megawatt hours. In 2019, the supplier made a total of $3,601,000 from business activities relating to the sale and transfer of electricity. They had 98.67% of their revenue coming from retail sales to end users.

The nationwide average monthly residential power bill is $143.38, while the Cambridge Utilities average is 19.00% below at $116.14 per month. This is the 942nd lowest average monthly bill amount for a provider in the nation. Cambridge Utilities is the 94th largest supplier out of 148 suppliers in Nebraska based on number of customers. With 12 megawatt hours produced from non-renewable fuel sources, Cambridge Utilities is the 32nd largest producer of megawatt hours from non-renewable fuels in Nebraska out of 148 suppliers. Electricity production is not part of the Cambridge Utilities business model, as they purchase electricity at wholesale rates to then be resold to their customers.