City of Stuart Utilities

About City of Stuart Utilities

There are 823 residential customer accounts and 190 commercial customers who are served by the provider. Patrons of City of Stuart Utilities spend, on average, 15.92 cents per kilowatt hour for their electricity, which is 1.84% lower than the nationwide average rate of 16.22 cents. This makes the company 2163rd out of 2885 providers in the nation for best average electricity rate. There were a total of 14,116 megawatt hours sold to retail accounts in 2019 by the supplier. Of the megawatt hours they sourced, 17 of them were produced by plants owned by City of Stuart Utilities and 15,567 megawatt hours were purchased on the wholesale electricity market. Their revenue for 2019 from electricity related activities was $2,019,200, with 95.12% coming from retail sales to end users.

Patrons of the company pay an average residential electric bill of $118.18. This is 7.63% above the state average bill of $107.24. City of Stuart Utilities produces 1 megawatt hours from their generation facilities, which ranks them as the 888th largest producer of electricity in the US out of 3530 suppliers. The supplier currently does not generate their own electricity. Instead, they must purchase that electricity at wholesale prices from other suppliers and then resell it at a higher rate to end consumers. City of Stuart Utilities is the 99th largest electricity company out of 177 suppliers in the state based on total megawatt hours sold.