City of Redding Utilities

About City of Redding Utilities

City of Redding Utilities is a municipally owned organization operating in Redding, California. Currently, 44,544 consumers receive their electricity from the provider. These customers are a mix of 38,196 residential customers, 6,006 commercial customer accounts and 342 industrial customer accounts. On average, City of Redding Utilities' patrons spend 16.60 cents per kilowatt hour for their residential electricity. While this is lower than the state average price of 28.72 cents per kilowatt hour, it is higher than the United States average of 15.64 cents. In 2022 City of Redding Utilities sold 66.71% of their megawatt hours to end users (known as retail sales). The electricity generated in the company's power plants made up 40.45% of the electricity sourced by the company and the purchase of wholesale electricity made up an additional 59.55%. The company had $144,045,500 in 2022. Exactly $16,580,000 of that revenue came from electricity sales on the wholesale market and $124,857,000 came from sales to residential electricity customers.

The average residential electricity bill for a customer of City of Redding Utilities is $138.28 per month, while the state average is $137.13. Customers of the company pay a 0.87% markup compared to other residents of California. Electricity production plants managed by the provider use non-renewable fuel sources to generate 93.68% of their total electricity generation, or 384,164 megawatt hours. They rank 25th in the state out of 63 providers. Electricity production from renewable fuels by the supplier totals 25,916 megawatt hours, which ranks the company 257th out of the 3517 we track in the nation. The supplier's generating facilities have output of 384,164 megawatt hours from natural gas as the fuel source.