Douglas Electric

About Douglas Electric

Douglas Electric is an electricity cooperative. The largest county serviced by Douglas Electric is Douglas County, but the company also operates in in 2 counties in the state. On recent government reports, the provider listed a total of 10,480 electricity customers. This total is made up of 92.58% residential customer accounts, 7.31% commercial customer accounts and 0.11% industrial accounts. Douglas Electric bills their consumers a residential electricity rate of 11.41 cents per kilowatt hour on average, which is 9.69% below the average state price of 12.63 cents and 27.06% less than the nationwide average of 15.64. About 147,123 megawatt hours were sold by the provider to retail end users in 2019. The electricity sourced by the provider primarily came from megawatt hours that they procured by way of the wholesale electricity market. They purchased 158,217 wholesale megawatt hours. In 2019, the supplier made a total of $16,028,000 from business activities relating to the sale and transfer of electricity. They had 98.85% of their revenue coming from retail sales to end users.

Customers of the provider have an average residential electric bill of $128.05. This is 8.26% above the state average of $117.09. Electricity generation is not handled in house at the company, as they purchase power at wholesale rates and then resell to their consumers.