Holdrege, Nebraska Electric Utility: Rates and Coverage Area

Holdrege, Nebraska Electric Utility

Electricity Rates, Plans & Statistics

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About Holdrege, Nebraska Electric Utility

Holdrege, Nebraska Electric Utility provides electricity for Holdrege, Nebraska and is a municipally owned entity. A total of 2,587 residential customers, 654 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 9.97 cents per kilowatt hour, which is 11.71% lower than the average state rate of 11.29 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 $135.39, while the Holdrege, Nebraska Electric Utility average is 39.20% below at $82.32 per month. This is the 348th 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.

Holdrege, Nebraska Electric Utility Net Metering

Offering net metering to customers is a win-win situation for Holdrege, Nebraska Electric Utility and any citizens who receive their electricity from the company. This is a positive for any customer considering purchasing private solar panels, as net metering allows them to sell their extra electricity back to their provider.

Holdrege, Nebraska Electric Utility Rate & Electric Bills

Holdrege, Nebraska Electric Utility residential electric rates are highest in June and the highest average bill is in July.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.112/kWh$0.080/kWh$120.45/mo.$63.14/mo.
275th9.97¢Holdrege, Nebraska Electric Utility's Average residential price per kWh
348th$82.32Average monthly electricity bill for Holdrege, Nebraska Electric Utility's residential customers

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Holdrege, Nebraska Electric Utility Overview

  • Company Type:Municipal
  • Headquarters:502 East Avenue
    Holdrege, Nebraska 68949
    United States of America
  • Director/Superintendent:Mayor Doug Young

Holdrege, Nebraska Electric Utility Contact

Holdrege, Nebraska Electric Utility Service

  • States Served:
    • Nebraska
  • Counties Served:
    • Phelps County
  • Major Cities Served:

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Holdrege, Nebraska Electric Utility Coverage Map

Coverage Map Placeholder

Holdrege, Nebraska Electric Utility State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
Nebraska3,2428,406,357.9248100%

Holdrege, Nebraska Electric Utility County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Phelps County8,97249.60$119.75/mo

Holdrege, Nebraska Electric Utility Reviews

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Holdrege, Nebraska Electric Utility FAQ:

What is the phone number for Holdrege, Nebraska Electric Utility?

You can reach Holdrege, Nebraska Electric Utility by phone via (308) 995-8681.

What is the average bundled electricity rate for Holdrege, Nebraska Electric Utility customers?

Holdrege, Nebraska Electric Utility's current average bundled electricity rate is 9.97 cents per kilowatt hour (¢/kWh), compared to the average state bundled rate of 11.29 cents and the average US rate of 15.73 cents.

Who is the CEO of Holdrege, Nebraska Electric Utility?

Mayor Doug Young is the CEO of Holdrege, Nebraska Electric Utility.

What is the average bundled bill for Holdrege, Nebraska Electric Utility customers each month?

Customers of Holdrege, Nebraska Electric Utility pay, on average, a monthly bundled bill of $82.32.

Fernando García
Last Reviewed By: Fernando García
Published: 2024-01-05