Genoa, Ohio Electric Utility

About Genoa, Ohio Electric Utility

Genoa, Ohio Electric Utility is a municipally owned organization serving Genoa in Ottawa County, Ohio. At the time of the most recent government reports, the supplier had a total of 1,338 electricity customers being supplied electricity by the company. This total is made up of 0.60% industrial accounts, 5.61% commercial accounts and 93.80% residential accounts. Genoa, Ohio Electric Utility's average residential electricity price per kilowatt hour is 18.70 cents per kilowatt hour, resulting in the supplier ranking 115th out of 119 providers in Ohio and 2646th out of 2885 in the US for average electricity rate. A total of 13,997 megawatt hours were sold to retail customers in 2019 by the provider. During the same timeframe, the company purchased 15,411 megawatt hours via wholesale electricity channels. Their revenue for 2019 from electricity related activities was $2,204,000, the sum of which came from retail sales to end users.

The United States average monthly residential electric bill is $143.38, while the Genoa, Ohio Electric Utility average is 24.72% lower at $107.93 per month. This is the 718th lowest average monthly bill amount for a supplier in the United States. Genoa, Ohio Electric Utility is the 114th largest supplier out of 168 providers in the state based on total megawatt hours sold. Electricity production is not handled in house at the company, as they purchase power at wholesale rates from other companies and then resell to their customers. Genoa, Ohio Electric Utility generates 130 megawatt hours from their production facilities, which ranks them as the 63rd highest generator of electricity of all 168 electricity suppliers in Ohio.