Modern Electric Water Company
Electricity Rates, Plans & Statistics
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About Modern Electric Water Company
Modern Electric Water Company is headquartered in Spokane Valley, Washington and it provides electricity in the citizens located there. Modern Electric Water Company has an average residential electricity rate of 7.31 cents per kilowatt hour, which is 40.14% below the average state rate of 12.21 cents, a welcome state of affairs for their customers. Approximately 227,881 megawatt hours were sold by the supplier to retail customers in 2023. The purchase of wholesale electricity made up 100.00% of the electricity sourced by the company. In 2023, they made a total of $16,223,900 from business activities relating to the sale and transfer of electricity. They had revenue of $15,618,900 from retail sales to end users.
The state average monthly residential electricity bill is $119.71, while the Modern Electric Water Company average is 33.83% less at $71.21 per month. This is the 6th lowest average monthly bill amount for a supplier in the state. Electricity generation is not part of the Modern Electric Water Company business plan, as they purchase electricity at wholesale rates from other companies and then resell to their customers.
Offering net metering to consumers is a win-win situation for Modern Electric Water Company and residents who get their electricity from the company. Without net metering, solar panel installation is significantly less attractive economically, as individuals have no way to sell extra energy back into the grid.
All providers who produce electricity suffer from some energy loss from heat depletion or other factors. Modern Electric Water Company is no different, as they have a yearly loss of around 2.85% of the total electricity they produce. The state of Washington has an energy loss average of 2.58% and the nationwide average is 2.43%, resulting in Modern Electric Water Company receiving a rank of 16th best out of 56 providers reporting energy loss in Washington.
Modern Electric Water Company Rate & Electric Bills
Modern Electric Water Company residential electric rates are highest in May and the highest average bill is in January.
Historical Electricity Rates:
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Modern Electric Water Company Overview
- Company Type:Cooperative
- Headquarters:904 North Pines Road
Spokane Valley, Washington 99206
United States of America - CEO:Joe Morgan
Modern Electric Water Company Contact
- Website:www.modernelectricwater.com
- Customer Service Phone:(509) 928-4540
- Contact Page:www.modernelectricwater.com
- Social Media:
Modern Electric Water Company Service
- Rates & Plans:www.modernelectricwater.com
- Outage Phone:(509) 928-4540
- States Served:
- Washington
- Counties Served:
- Spokane County
- Major Cities Served:
Energy Loss
Modern Electric Water Company's energy loss due to business operations.
Total Energy Loss
6,783MWh
491 National Rank
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Modern Electric Water Company Coverage Map
Modern Electric Water Company State Coverage
| State | Customers | Sales ($) | State Rank Based On Revenue | % of Provider's Residential Sales in State |
|---|---|---|---|---|
| Washington | 10,898 | 17,257,328.05 | 39 | 100% |
Modern Electric Water Company County Coverage
| County | Population | Providers | Avg. County Rate (¢) | Avg. Electric Bill |
|---|---|---|---|---|
| Spokane County | 549,690 | 6 | 11.97 | $129.72/mo |
Modern Electric Water Company Reviews
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Modern Electric Water Company FAQ:
What is the average bundled bill for Modern Electric Water Company customers each month?
The average monthly bundled electric bill for customers of Modern Electric Water Company is $71.21. The Washington average bundled bill is $119.71 and the United States average is $119.71.
Who is the CEO of Modern Electric Water Company?
The current CEO of Modern Electric Water Company is Joe Morgan.
What is the average bundled electricity rate for Modern Electric Water Company customers?
Modern Electric Water Company's current average bundled electricity rate is 7.31 cents per kilowatt hour (¢/kWh), compared to the average Washington bundled rate of 12.21 cents and the average US rate of 16.22 cents.
What is the phone number for Modern Electric Water Company?
The Modern Electric Water Company phone number is (509) 928-4540.
