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 4,682 residential customers and 708 commercial customer accounts receiving electricity from the provider. New Richmond Utilities' consumers are charged an average residential electricity rate of 12.00 cents per kilowatt hour, which is 29.40% lower than the state's average rate of 16.99 cents. This ranks the company 25th 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 $86.06. Customers of the company pay a 19.18% markdown compared to other residents of the state. Electricity generation is not part of the New Richmond Utilities business model, as they purchase power at wholesale rates and then resell 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 3517 providers reporting energy loss in the country.
New Richmond Utilities Rate & Electric Bills
New Richmond Utilities residential electric rates are highest in January and the highest average bill is in February.
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:
- Table Of Contents:
Energy Loss
New Richmond Utilities' energy loss due to business operations.
Total Energy Loss
4,006MWh
525 National Rank
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New Richmond Utilities Coverage Map
New Richmond Utilities State Coverage
| State | Customers | Sales ($) | State Rank Based On Revenue | % of Provider's Residential Sales in State |
|---|---|---|---|---|
| Wisconsin | 5,390 | 11,795,000 | 54 | 100% |
New Richmond Utilities County Coverage
| County | Population | Providers | Avg. County Rate (¢) | Avg. Electric Bill |
|---|---|---|---|---|
| St. Croix County | 96,017 | 6 | 14.50 | $132.87/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?
The average bundled price of electricity for customers of New Richmond Utilities is 12.00 cents per kilowatt hour (¢/kWh).
What is the phone number for New Richmond Utilities?
You can reach New Richmond Utilities by phone via (715) 246-4167.
How much is the average bundled bill for New Richmond Utilities customers each month?
Customers of New Richmond Utilities pay, on average, a monthly bundled bill of $86.06.
