Hutchinson Utilities

About Hutchinson Utilities

Hutchinson Utilities is headquartered in Hutchinson, Minnesota and it provides electricity in the citizens located there. With 7,839 total consumers, the company supplies electricity to 6,818 residential customers, 1,018 commercial locations and 3 industrial accounts. The residential electricity rate for consumers of Hutchinson Utilities is, on average, 11.33 cents per kilowatt hour, which is 30.15% below the nationwide average price of 16.22 cents. This ranks the provider 481st lowest for average electricity price out of 2885 providers in the US. Of the 319,103 megawatt hours the company sold and dispossessed, 81.62% were from retail sales and 14.61% were by way of wholesale channels. Electricity plants owned by the company generated 17.80% of the megawatt hours sourced by the supplier and an additional 82.20% was acquired on the wholesale electricity market. Their revenue in 2023 from electricity activities was $24,924,000, with 91.46% coming from retail sales to end users and 7.94% from sales to the wholesale market.

The state average monthly residential electricity bill is $107.56, while the Hutchinson Utilities average is 19.25% less at $79.96 per month. This is the 18th lowest average monthly bill amount for a supplier in the state. The company does not have ownership in any electricity generation facilities and all of the power that they sell to their customers must be purchased wholesale from other companies. With 55,736 megawatt hours generated from non-renewable fuel sources, Hutchinson Utilities is the 12th largest generator of megawatt hours from non-renewable sources out of 163 companies in Minnesota Generation plants owned by or associated with Hutchinson Utilities generate 55,736 megawatt hours, which is the 405th highest of all suppliers in the nation.