Hastings Utilities

About Hastings Utilities

Hastings Utilities is a municipally owned organization. The largest city serviced by Hastings Utilities is Hastings, but the company also supplies electricity in 3 cities in Adams County, Nebraska. Hastings Utilities' average residential electricity rate per kilowatt hour is 10.76 cents per kilowatt hour , which is lower than both the state and the national average prices of 11.10 and 15.64 cents per kilowatt hour, respectively. They sold 434,573 megawatt hours in 2022 by way of retail accounts. The electricity generated in the company's power plants made up 87.72% of the electricity sourced by the company and the purchase of wholesale electricity made up an additional 12.28%. In 2022, the company had revenue of $35,869,000 from retail electricity sales to end users and a total of $11,229,900 via sales on the wholesale electricity market.

The average monthly residential electricity bill for a customer of Hastings Utilities is $88.19 per month, while the Nebraska average is $113.13. Patrons of the supplier pay 18.79% less compared to other residents of Nebraska. Generation plants owned by or associated with Hastings Utilities generate 471,401.73 megawatt hours, which is the 286th highest in the country out of 3517 companies. The supplier is the 6th highest in Nebraska out of 150 providers for megawatt hours generated using natural gas. Electricity production facilities owned or managed by the provider use non-renewable fuel types to generate 99.16% of their total electricity generation, or 467,447.73 megawatt hours. This amount ranks them at 4th out of 150 suppliers in the state.