Franklin, Nebraska Electric Utility

About Franklin, Nebraska Electric Utility

Franklin, Nebraska Electric Utility is headquartered in Franklin, Nebraska and it supplies electricity in the residents that call Franklin home. A total of 458 residential customer accounts, 151 commercial customers and 7 industrial customers purchase their electricity from the provider. The average residential electricity price for Franklin, Nebraska Electric Utility is about 14.44 cents per kilowatt hour. While this is higher than the state average price of 11.90 cents per kilowatt hour, it is less than the nationwide average of 16.22 cents. In 2019 they sold 87.31% of their megawatt hours via normal retail sales to end users. Of the megawatt hours they sourced, 12,181 megawatt hours were obtained on wholesale channels. The supplier made $1,315,600 in total revenue in 2019 through retail electricity sales alone.

The average residential power bill for a customer of Franklin, Nebraska Electric Utility is $108.06. The supplier currently does not produce any of the electricity that they sell. Instead, they must purchase that electricity at wholesale prices and then resell it at a higher rate to end customers. Electricity production plants associated with the supplier use non-renewable fuel sources to generate 100.00% of their total electricity generation, or 32 megawatt hours. This total ranks them at 599th in the nation out of 3530 suppliers. The provider ranks 406th highest out of 3530 suppliers in the nation for megawatt hours produced from the burning of natural gas.