New Martinsville, West Virginia Electric Utility

About New Martinsville, West Virginia Electric Utility

New Martinsville, West Virginia Electric Utility provides electricity in Wetzel County, West Virginia. The supplier recently disclosed a total of 1,420 residential customer accounts and 435 commercial customers. This is the whole of their customer base. The average residential electricity price for New Martinsville, West Virginia Electric Utility is approximately 11.60 cents per kilowatt hour. Fortunately for their consumers, this rate is below both the West Virginia and the national average prices of 13.82 and 15.39 cents per kilowatt hour, respectively. In 2019 the company had retail sales of 30,585 megawatt hours. During the same timeframe, the supplier obtained 35,946 megawatt hours through the wholesale market. The supplier earned $4,490,000 in total revenue in 2019, which all came from retail electricity sales.

The United States average monthly residential electricity bill is $130.88, while the New Martinsville, West Virginia Electric Utility average is 35.80% below at $84.02 per month. This is the 452nd lowest average monthly bill amount for a provider in the nation. The provider currently does not generate any of the electricity that they sell. Instead, they must purchase that electricity at wholesale prices from other providers and then resell it to end consumers.