Medford Electric
Electricity Rates, Plans & Statistics
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About Medford Electric
Medford Electric is headquartered in Medford, Wisconsin and they serve electricity in the residents that call the city home. The company last reported a total of 3,391 customers. Exactly 6 of them are industrial properties, 596 are commercial customers and 2,789 are residential customers. Medford Electric's customers spend, on average, 8.16 cents per kilowatt hour for their electricity, which is 51.96% lower than the average Wisconsin rate of 16.99 cents. Roughly 123,798 megawatt hours were sold by the supplier to retail accounts in 2019. The electricity sourced by the company primarily came from megawatt hours that they purchased via the wholesale electricity market. They purchased 127,467 on the wholesale market. In 2019, they made a total of $9,938,000 from business activities relating to the sale and transfer of electricity. They had 99.99% of their revenue coming from retail sales to end users.
The Wisconsin average monthly residential electricity bill is $111.51, while the Medford Electric average is 40.26% below at $58.09 per month. This is the 3rd lowest average monthly bill amount for a supplier in the state. Electricity production is not handled in house at the company, as they purchase electricity at wholesale rates from other companies and then resell to their customers.
Consumers of Medford Electric can take advantage of net metering, which is a positive for both parties. Net metering makes solar panel purchases more economically viable as it allows people to sell electricity back to the grid.
Medford Electric Rate & Electric Bills
Medford Electric residential electric rates are highest in January and the highest average bill is in August.
Historical Electricity Rates:
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Medford Electric Overview
- Company Type:Municipal
- Headquarters:639 South Second Street
Medford, Wisconsin 54451
United States of America
Medford Electric Contact
- Website:medfordwi.gov
- Customer Service Phone:(781) 393-2485
- Social Media:
Medford Electric Service
- Rates & Plans:medfordwi.gov
- Outage Phone:(715) 748-3211
- States Served:
- Wisconsin
- Counties Served:
- Taylor County
- Major Cities Served:
- Table Of Contents:
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Medford Electric Coverage Map
Medford Electric State Coverage
| State | Customers | Sales ($) | State Rank Based On Revenue | % of Provider's Residential Sales in State |
|---|---|---|---|---|
| Wisconsin | 3,391 | 8,890,000 | 62 | 100% |
Medford Electric County Coverage
| County | Population | Providers | Avg. County Rate (¢) | Avg. Electric Bill |
|---|---|---|---|---|
| Taylor County | 19,960 | 6 | 15.89 | $131.04/mo |
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Medford Electric FAQ:
What is the average bundled bill for Medford Electric customers each month?
The average monthly bundled electric bill for customers of Medford Electric is $58.09. The Wisconsin average bundled bill is $111.51 and the United States average is $111.51.
What is the phone number for Medford Electric?
Medford Electric's customer service phone number is (781) 393-2485
What is the average bundled electricity rate for Medford Electric customers?
The average bundled price of electricity for consumers of Medford Electric is 8.16 cents per kilowatt hour (¢/kWh).
