Madison, Nebraska Electric Utility

About Madison, Nebraska Electric Utility

Madison, Nebraska Electric Utility supplies electricity in Madison, Nebraska and other areas of Madison County. The average residential electricity price for Madison, Nebraska Electric Utility is about 18.29 cents per kilowatt hour, which is 53.77% above Nebraska's average price of 11.90 cents and 12.80% above the national average of 16.22 cents. There were a total of 134,019 megawatt hours sold to retail consumers in 2019 by the supplier. Of the megawatt hours they sourced, 10 of them were generated by electricity generation plants owned by Madison, Nebraska Electric Utility and 187,855 megawatt hours were procured on wholesale channels. Their total revenue in 2019 was $6,107,000 and came through sales to retail electricity customers alone.

Customers of the provider pay an average monthly residential electric bill of $75.35. This is 47.45% lower than the national average of $143.38. Madison, Nebraska Electric Utility is the 1767th largest provider out of 3530 electricity companies in the United States based on total megawatt hours sold. With 26 megawatt hours generated from non-renewable fuels, the supplier is the 611th largest producer of megawatt hours from non-renewable fuels in the United States out of 3530 providers The supplier currently does not generate their own electricity. Instead, they must purchase that electricity at wholesale prices from other suppliers and then resell it at a higher rate to end customers.