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 21 cities in Nebraska. At the time of the most recent government reports, the supplier disclosed a total of 20,726 electricity customers receiving their services. This total is made up of 16,251 residential accounts, 3,878 commercial customers and 597 industrial customer accounts. The average residential electricity price for customers of Loup Power District is around 11.01 cents per kilowatt hour. This is, thankfully, 7.44% lower than the state's average rate of 11.90 cents, which ranks the provider 21st out of 148 suppliers in the state for lowest average electricity price. They sold 1,092,638 megawatt hours in 2023 through retail accounts and 274,212 megawatt hours via wholesale channels. The electricity sourced by Loup Power District is made up of multiple sources of megawatt hours including 152,939 megawatt hours generated by electricity facilities they own and 1,226,163 megawatt hours acquired on the wholesale electricity market. Their revenue in 2023 from electricity activities was $104,283,000, with $13,967,000 coming from sales to the wholesale electricity market.

The US average monthly residential electric bill is $143.38, while the Loup Power District average is 0.98% lower at $141.98 per month. The supplier is able to generate 150,794 megawatt hours from hydroelectric power sources, which ranks them as the 84th largest generator of hydroelectric power out of 3530 providers in the US. By customer count, Loup Power District is the 684th largest provider out of 3530 suppliers in the country. The company does not have ownership in any electricity generation facilities and all of the megawatt hours that they sell to their customers must be purchased wholesale from other companies.