Holdrege, Nebraska Electric Utility

About Holdrege, Nebraska Electric Utility

Holdrege, Nebraska Electric Utility provides electricity for Holdrege, Nebraska and is a municipally owned entity. A total of 2,964 residential customers, 785 commercial accounts and one industrial account purchase their electricity from the supplier. Holdrege, Nebraska Electric Utility's average residential electricity price per kilowatt hour is 9.39 cents per kilowatt hour, which is 15.42% lower than the average state rate of 11.10 cents. There were a total of 115,149 megawatt hours sold through retail sales in 2019 by the supplier. The electricity sourced by the provider primarily came from megawatt hours that they purchased by way of the wholesale market. They purchased 121,714 wholesale megawatt hours. The revenue for Holdrege, Nebraska Electric Utility for 2019 from electricity sales was $8,968,300, with $8,881,400 coming from retail sales to end users.

The nationwide average monthly residential power bill is $132.69, while the Holdrege, Nebraska Electric Utility average is 35.41% below at $85.71 per month. This is the 409th lowest average monthly bill amount for a provider in the nation. The provider currently does not produce any of the electricity that they sell. Instead, they must purchase that electricity at wholesale prices from other companies and then resell it at a higher rate to end customers.