Lexington, Nebraska Electric Utility

There are 3,589 residential customers, 805 commercial customer accounts and 7 industrial customer accounts who are receiving electricity from the supplier. Lexington, Nebraska Electric Utility's average residential electricity rate per kilowatt hour is 9.93 cents per kilowatt hour. This is 26.15% lower than the nationwide average price of 13.45 cents. They had sales of 214,044 megawatt hours in 2020 sold to end users. The electricity sourced by the company is made up of primarily wholesale purchased megawatt hours, with 221,296 procured by the company. In 2020, the supplier made a total of $17,736,000 from business activities relating to the sale and transfer of electricity. They had 98.78% of their revenue coming from retail sales to end users.

About Lexington, Nebraska Electric Utility

The nationwide average monthly residential electric bill is $120.24, while the Lexington, Nebraska Electric Utility average is 3.54% more at $124.5 per month. Lexington, Nebraska Electric Utility ranks 2215th in the United States for average monthly bill amount. The company does not have ownership in any electricity facilities and all of the megawatt hours that they sell to their consumers must be purchased wholesale from other providers.

Lexington, Nebraska Electric Utility Net Metering

Luckily, Lexington, Nebraska Electric Utility offers net metering options to their customers. The purchase of solar panels and alternative electricity sources is often too expensive for citizens. Net metering allows purchasers of these electricity sources to sell extra megawatt hours back to the grid, making the installation of these alternative sources economically viable .

Energy Loss

Lexington, Nebraska Electric Utility currently suffers from the loss of around 3.28% of the electricity that they generate via heat dissipation and other causes. This percentage of energy lost results in them being given a rank of 425th best out of 3510 suppliers reporting energy loss in the nation.

Lexington, Nebraska Electric Utility Rate & Electric Bills

Lexington, Nebraska Electric Utility residential electric rates are highest in January and the highest average bill is in September.

Historical Electric Rates:

Price Per kWHAverage Bill$0.102/kWh$0.097/kWh$129.16/mo.$120.89/mo.
576th9.93¢Lexington, Nebraska Electric Utility's Average residential price per kWh
2215th$124.5Average monthly electric bill for Lexington, Nebraska Electric Utility's residential customers

Lexington, Nebraska Electric Utility Overview

  • Company Type:Municipal
  • Headquarters:406 East 7th Street
    Lexington, Nebraska 68850
    United States of America
  • CEO:Barb Hodges

Lexington, Nebraska Electric Utility Contact

Lexington, Nebraska Electric Utility Service

Energy Loss

Lexington, Nebraska Electric Utility's energy loss due to business operations.

-3.28%Light BulbIcon representing Light Bulb.

Total Energy Loss

7,252MWh

425 National Rank

Lexington, Nebraska Electric Utility Coverage Map

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Lexington, Nebraska Electric Utility State Coverage

StateArrow UpArrow pointing upwards.CustomersArrow UpArrow pointing upwards.Sales ($)Arrow UpArrow pointing upwards.State Rank Based On RevenueArrow UpArrow pointing upwards.% of Provider's Residential Sales in StateArrow UpArrow pointing upwards.
Nebraska4,40117,520,10026100%

Lexington, Nebraska Electric Utility Reviews

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Lexington, Nebraska Electric Utility FAQ:

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

Lexington, Nebraska Electric Utility's customer service phone number is (308) 324-2343

Who is the CEO of Lexington, Nebraska Electric Utility?

The CEO of Lexington, Nebraska Electric Utility is Barb Hodges.

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

Consumers of Lexington, Nebraska Electric Utility pay, on average, a monthly bill of $124.50.

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

The average rate of electricity for customers of Lexington, Nebraska Electric Utility is 9.93 cents per kilowatt hour (¢/kWh).

Last Reviewed By: King Manalo
Published: 2021-03-16Last Updated: 2021-09-28