City of Ashland Electric

About City of Ashland Electric

City of Ashland Electric provides electricity to Ashland CDP, New Hampshire and is a municipally owned organization. At the time of the most recent government reports, the company disclosed a total of 1,769 electricity customers. This total is made up of 1,514 residential customer accounts, 250 commercial customer accounts and 5 industrial accounts. City of Ashland Electric has an average residential electricity rate of 14.39 cents per kilowatt hour. Fortunately for their customers, this rate is less than both the state and the United States average rates of 24.61 and 15.76 cents per kilowatt hour, respectively. They sold 18,267 megawatt hours by way of retail sales in 2019. Of the megawatt hours they sourced, 22,425 megawatt hours were acquired via wholesale channels. In 2019 they had total electricity related revenue of $2,885,000, with 98.16% from retail sales.

The state average monthly residential electric bill is $146.9, while the City of Ashland Electric average is 44.69% lower at $85.52 per month. This is the 3rd lowest average monthly bill amount for a provider in the state. The provider currently does not produce their own electricity. Instead, they must purchase that electricity at wholesale prices from other companies and then resell it to end users.