Hubbard Electric: Rates and Coverage Area

Hubbard Electric

Electricity Rates, Plans & Statistics

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About Hubbard Electric

Hubbard Electric is headquartered in Hubbard, Ohio and it provides electricity in the residents that call the city home. The provider last disclosed a total of 3,779 residential, 450 commercial customers and one industrial account, which makes up the sum of their customer base. The average residential electricity price for Hubbard Electric is roughly 16.18 cents per kilowatt hour, which is 4.97% below the average state rate of 17.03 cents, a welcome situation for their customers. In 2019 they sold 88.64% of their total megawatt hours disposed via normal retail sales to end users. The megawatt hours sourced by the company primarily came from megawatt hours that they purchased via wholesale channels. They purchased 55,614 megawatt hours on the wholesale market. The provider made $3,807,000 in 2019 from electricity sales to end users alone.

The Ohio average monthly residential electricity bill is $141.88, while the Hubbard Electric average is 45.73% less at $79.96 per month. This is the 10th lowest average monthly bill amount for a supplier in Ohio. Electricity production is not part of the Hubbard Electric business plan, as they purchase electricity at wholesale rates to then be resold to their end users.

Hubbard Electric Rate & Electric Bills

Hubbard Electric residential electric rates are highest in June and the highest average bill is in July.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.168/kWh$0.074/kWh$102.53/mo.$33.82/mo.
2382nd16.18¢Hubbard Electric's Average residential price per kWh
296th$79.96Average monthly electricity bill for Hubbard Electric's residential customers

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Hubbard Electric Overview

  • Company Type:Municipal
  • Headquarters:820 North Main Street
    Hubbard, Ohio 44425
    United States of America
  • Director/Superintendent:Edward Palestro

Hubbard Electric Contact

Hubbard Electric Service

  • States Served:
    • Ohio
  • Counties Served:
    • Trumbull County
  • Major Cities Served:

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Hubbard Electric Coverage Map

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Hubbard Electric State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
Ohio4,2306,689,622.0871100%

Hubbard Electric County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Trumbull County200,6435420.56$150.37/mo

Hubbard Electric Reviews

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Hubbard Electric FAQ:

Who is the CEO of Hubbard Electric?

Hubbard Electric's CEO is Edward Palestro.

What is the average bundled bill for Hubbard Electric customers each month?

Hubbard Electric currently has an average monthly bundled electric bill of $79.96, compared to the Ohio average of $141.88 and the nationwide of $141.88 for bundled service.

What is the phone number for Hubbard Electric?

The Hubbard Electric phone number is (330) 534-6281.

What is the average bundled electricity rate for Hubbard Electric customers?

Customers of Hubbard Electric, on average, have an electricity bundled rate 16.18 cents per kilowatt hour (¢/kWh).

King Manalo
Last Reviewed By: King Manalo
Published: 2022-08-01