Columbiana, Ohio Electric Utility

About Columbiana, Ohio Electric Utility

Columbiana, Ohio Electric Utility is a municipally owned organization supplying electricity in Columbiana, Ohio. At the time of the most recent government reports, the supplier disclosed a total of 3,907 electricity customers. This total is made up of 10 industrial accounts, 565 commercial customers and 3,332 residential accounts. Columbiana, Ohio Electric Utility's consumers are charged an average residential electricity rate of 13.73 cents per kilowatt hour. Fortunately for their consumers, this price is below both the Ohio and the nationwide average prices of 15.92 and 15.64 cents per kilowatt hour, respectively. Columbiana, Ohio Electric Utility had total sales and disposition of 80,795 megawatt hours in 2019, of which 88.90% were via sales to end users. During the same timeframe, Columbiana, Ohio Electric Utility acquired 80,795 megawatt hours through the wholesale market. In 2019, Columbiana, Ohio Electric Utility earned $8,044,000 in total revenue solely through retail electricity sales.

Customers of the supplier pay an average monthly residential electricity bill of $88.36. This is 33.41% lower than the US average bill of $132.69. The company currently does not produce their own electricity. Instead, they must purchase that electricity at wholesale prices from other providers and then resell it at a higher rate to end consumers.