Lodi, Ohio Electric Utility

About Lodi, Ohio Electric Utility

Lodi, Ohio Electric Utility is headquartered in Lodi, Ohio and it supplies electricity in the citizens there. A total of 2,160 customers (53 industrial customers, 281 commercial customers and 1,826 residential properties) are provided electricity by the company. On average, Lodi, Ohio Electric Utility bills their consumers a residential electricity rate of 7.81 cents per kilowatt hour , which is lower than both the state and the national average prices of 16.74 and 15.77 cents per kilowatt hour, respectively. The company had sales of 43,466 megawatt hours in 2019 through retail sales. The electricity sourced by Lodi, Ohio Electric Utility is made up of primarily wholesale purchased megawatt hours, with 46,046 megawatt hours procured by the company. Lodi, Ohio Electric Utility made $4,106,000 in 2019, which they earned entirely from sales to retail customers.

The nationwide average monthly residential electric bill is $139.96, while the Lodi, Ohio Electric Utility average is 31.87% below at $95.35 per month. This is the 553rd lowest average monthly bill amount for a supplier in the nation. Electricity generation is not handled in house at the company, as they purchase electricity at wholesale rates and then resell to their consumers.