Hart, Michigan Electric Utility

About Hart, Michigan Electric Utility

Hart, Michigan Electric Utility supplies electricity in Hart, Michigan and other areas of Oceana County. There are 1,382 customers of the company. Roughly 0.43% of them are industrial customers, 24.60% are commercial customer accounts and 74.96% are residential properties. On average, Hart, Michigan Electric Utility's residential electricity price is 8.60 cents per kilowatt hour, which is, fortunately, 39.07% less than the average national price of 14.11 cents. The provider sold 46,692 megawatt hours via retail sales in 2019. The megawatt hours sourced by the supplier primarily came from megawatt hours that they procured by way of wholesale channels. They purchased 46,692 megawatt hours on the wholesale market. Their total revenue in 2019 was $4,982,000 and came through sales to retail electricity customers alone.

Customers of the provider pay an average monthly residential electric bill of $41.8. This is 66.81% lower than the national average of $125.95. The company currently does not produce their own electricity. Instead, they must purchase that electricity at wholesale rates from other suppliers and then resell it to end customers.