New Richmond Utilities
Electricity Rates, Plans & Statistics
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About New Richmond Utilities
New Richmond Utilities is a municipally owned entity operating in New Richmond, Wisconsin and rural areas of St. Croix County. There are 4,483 residential customers and 688 commercial customer accounts receiving electricity from the provider. New Richmond Utilities' consumers are charged an average residential electricity rate of 13.10 cents per kilowatt hour, which is 24.26% lower than the state's average rate of 17.29 cents. This ranks the company 26th out of 121 providers in the state for best average electricity price. They had sales of 106,490 megawatt hours in 2022 through retail sales. Wholesale power purchases made up 100.00% of the total electricity sourced by the company . Exactly 110,496 megawatt hours were procured by way of the wholesale electricity market. In 2022, the company had revenue of $11,795,000 from retail electricity sales. Their revenue from electricity activities was $11,861,100.
The average residential electricity bill for a consumer of New Richmond Utilities is $88.14. Customers of the company pay a 17.68% markdown compared to other residents of the state. The provider's customers are faced with an average of 0.19 electrical outages per customer per year. These outages last for an average of 15.92 minutes, while the national average is 1.45 outages per consumer and 171.11 minutes per outage. Electricity generation is not part of the New Richmond Utilities business plan, as they purchase power at wholesale rates from other companies to then be resold to their end users.
Net metering services are available to consumers of New Richmond Utilities. The purchase of solar panels and other electricity sources is often too expensive for individuals. Net metering allows purchasers of these electricity sources to sell excess kilowatt hours back to the grid, making the installation of these alternative sources more financially friendly.
All electricity suppliers who generate electricity suffer from some energy loss via heat depletion or alternative factors. New Richmond Utilities is not an exception, as they average a yearly loss of around 3.63% of the total electricity they produce. The state of Wisconsin has an energy loss average of 2.46% and the countrywide average is 2.87%, resulting in New Richmond Utilities receiving a rank of 525th best out of 3526 providers reporting energy loss in the country.
New Richmond Utilities Rate & Electric Bills
New Richmond Utilities residential electric rates are highest in May and the highest average bill is in July.
Historical Electricity Rates:
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New Richmond Utilities Overview
- Company Type:Municipal
- Headquarters:156 East 1st Street
New Richmond, Wisconsin 54017
United States of America - Director/Superintendent:Noah Wiedenfeld
New Richmond Utilities Contact
- Website:www.nrutilities.com
- Customer Service Phone:(715) 246-4167
- Contact Page:www.nrutilities.com
- Social Media:
New Richmond Utilities Service
- Rates & Plans:www.nrutilities.com
- Outage Phone:(715) 246-4167
- States Served:
- Wisconsin
- Counties Served:
- St. Croix County
- Major Cities Served:
Energy Loss
New Richmond Utilities' energy loss due to business operations.
Total Energy Loss
4,006MWh
525 National Rank
Grid Reliability
Length & Frequency of New Richmond Utilities' Power Outages
15.92 min.
vs. national average of 171.11 min.
0.19 outages/yr
vs. national average of 1.45
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New Richmond Utilities Coverage Map
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New Richmond Utilities State Coverage
State | Customers | Sales ($) | State Rank Based On Revenue | % of Provider's Residential Sales in State |
---|---|---|---|---|
Wisconsin | 5,171 | 11,938,732.24 | 54 | 100% |
New Richmond Utilities County Coverage
County | Population | Providers | Avg. County Rate (¢) | Avg. Electric Bill |
---|---|---|---|---|
St. Croix County | 96,017 | 6 | 15.10 | $133.65/mo |
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New Richmond Utilities FAQ:
Who is the CEO of New Richmond Utilities?
The current CEO of New Richmond Utilities is Noah Wiedenfeld.
What is the average bundled electricity rate for New Richmond Utilities customers?
Customers of New Richmond Utilities, on average, have an electricity bundled rate 13.10 cents per kilowatt hour (¢/kWh).
How much is the average bundled bill for New Richmond Utilities customers each month?
The average monthly bundled electric bill for customers of New Richmond Utilities is $88.14. The Wisconsin average bundled bill is $112.08 and the national average is $112.08.
When will New Richmond Utilities power be restored?
New Richmond Utilities' outages last, on average, approximately 15.922 minutes per outage.
What is the phone number for New Richmond Utilities?
New Richmond Utilities' customer service phone number is (715) 246-4167