Lodgepole, Nebraska Electric Utility

About Lodgepole, Nebraska Electric Utility

Lodgepole, Nebraska Electric Utility is headquartered in Lodgepole, Nebraska and supplies electricity in 5 cities in the state. There are 238 customer accounts receiving electricity from the company. These customer accounts are made up of 77.73% residential accounts and 22.27% commercial customers. On average, Lodgepole, Nebraska Electric Utility charges their customers a residential electricity rate of 9.13 cents per kilowatt hour. This is 31.85% lower than the US average price of 13.40 cents, resulting in the company ranking 318th best for average electricity rate out of 2922 suppliers in the country. A total of 3,487 megawatt hours were sold through retail sales in 2019 by the supplier. The electricity sourced by the company is made up of primarily wholesale purchased megawatt hours, with 3,874 megawatt hours purchased by the company. The company earned $278,100 in 2019, which came entirely from electricity sales to end users.

The state average monthly residential power bill is $107.77, while the Lodgepole, Nebraska Electric Utility average is 6.70% below at $99.79 per month. This is the 41st lowest average monthly bill amount for a provider in Nebraska. The provider currently does not generate their own electricity. Instead, they must purchase that electricity at wholesale prices and then resell it at a higher rate to end consumers.