Greenfield Electrical

About Greenfield Electrical

Greenfield Electrical is a municipally owned organization providing electricity in Greenfield, Indiana and other areas of Hancock County. The most recent data reported by the company showed a customer base of 11,919 customer accounts. Exactly 10,824 are residential accounts, 1,085 are commercial accounts and 10 are industrial customers. The residential electricity price for consumers of Greenfield Electrical is, on average, 13.13 cents per kilowatt hour, which is 13.62% below the average state price of 15.20 cents and 19.03% lower than the national average of 16.22. Around 350,501 megawatt hours were sold by the company to retail accounts in 2023. The electricity sourced by the supplier primarily came from megawatt hours that they purchased on the wholesale electricity market. They purchased 366,594 on the wholesale market. Their total revenue in 2023 from electricity activities was $38,183,000, with $37,996,000 coming from retail sales to end users.

The average monthly residential power bill for a consumer of Greenfield Electrical is $118.89. Customers of the supplier are faced with 0.76 electrical outages on average per year, with outages lasting an average of 28.32 minutes. The national averages for these data points are 1.44 outages at 123.49 minutes each. Electricity production is not handled in house at the company, as they purchase power at wholesale rates from other providers to then be resold to their customers.