Loup Power District

About Loup Power District

Loup Power District is a political subdivision. The largest city served by the provider is Columbus, but the company also provides electricity to 22 cities in Nebraska. At the time of the most recent government reports, the supplier disclosed a total of 20,554 electricity customers receiving their services. This total is made up of 16,107 residential accounts, 3,855 commercial customers and 592 industrial customer accounts. The average residential electricity price for customers of Loup Power District is around 10.32 cents per kilowatt hour. This is, thankfully, 7.04% lower than the state's average rate of 11.10 cents, which ranks the provider 38th out of 150 suppliers in the state for lowest average electricity price. They sold 1,119,618 megawatt hours in 2022 through retail accounts and 229,112 megawatt hours via wholesale channels. The electricity sourced by Loup Power District is made up of multiple sources of megawatt hours including 106,513 megawatt hours generated by electricity facilities they own and 1,283,975 megawatt hours acquired on the wholesale electricity market. Their revenue in 2022 from electricity activities was $103,983,900, with $13,908,300 coming from sales to the wholesale electricity market.

The US average monthly residential electric bill is $132.69, while the Loup Power District average is 1.43% lower at $130.8 per month. The supplier is able to generate 106,463 megawatt hours from hydroelectric power sources, which ranks them as the 94th largest generator of hydroelectric power out of 3517 providers in the US. Loup Power District is the 8th largest provider out of 150 suppliers in the state based on total customer count. The electricity grid operated by the company experiences 0.2 outages per consumer per year, with outages lasting on average 17.7 minutes. The nationwide average for other providers is 1.27 outages per customer and roughly 137.24 minutes per outage.