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. At the moment, 10,440 consumers receive their electricity from the supplier. These customers are a mix of 1,687 commercial customers and 8,753 residential customer accounts. The residential electricity rate for patrons of Modern Electric Water Company is, on average, 6.71 cents per kilowatt hour , which is less than both the Washington and nationwide average rates of 10.95 and 15.64 cents per kilowatt hour, respectively. Of the 241,618 megawatt hours the provider sold and dispossessed, 228,983 were from retail sales. The electricity sourced by the company is made up of primarily wholesale purchased megawatt hours, with 241,618 megawatt hours acquired by the company. In 2022, the company had revenue of $15,440,800 from retail electricity sales.
The state average monthly residential electricity bill is $109.29, while the Modern Electric Water Company average is 32.07% less at $66.74 per month. This is the 5th 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 4.00% of the total electricity they produce. The state of Washington has an energy loss average of 2.98% and the nationwide average is 2.87%, resulting in Modern Electric Water Company receiving a rank of 24th 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 January and the highest average bill is in June.
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:
- Table Of Contents:
Energy Loss
Modern Electric Water Company's energy loss due to business operations.
Total Energy Loss
9,671MWh
624 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 | 10,440 | 15,440,800 | 39 | 100% |
Modern Electric Water Company County Coverage
| County | Population | Providers | Avg. County Rate (¢) | Avg. Electric Bill |
|---|---|---|---|---|
| Spokane County | 549,690 | 6 | 9.70 | $119.96/mo |
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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 $66.74. The Washington average bundled bill is $109.29 and the United States average is $109.29.
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 6.71 cents per kilowatt hour (¢/kWh), compared to the average Washington bundled rate of 10.95 cents and the average US rate of 15.64 cents.
What is the phone number for Modern Electric Water Company?
The Modern Electric Water Company phone number is (509) 928-4540.
