New Richmond Utilities: Rates and Coverage Area

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. New Richmond Utilities averages 13.07 cents per kilowatt hour billed to their patrons for residential electricity, which is 24.36% lower than the average state price of 17.28 cents. A total of 106,490 megawatt hours were sold through retail sales in 2022 by the company. Wholesale power purchases made up 100.00% of the total electricity sourced by the company and 110,496 megawatt hours were purchased via the wholesale electricity market. The revenue for the company in 2022 from electricity sales was $11,861,100, with 99.44% coming from retail sales to end users.

The average residential electricity bill for a consumer of New Richmond Utilities is $88.33. Customers of the company pay a 17.75% 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.

New Richmond Utilities Net Metering

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.

Energy Loss

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 May and the highest average bill is in July.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.134/kWh$0.101/kWh$107.71/mo.$63.54/mo.
1271st13.07¢New Richmond Utilities' Average residential price per kWh
493rd$88.33Average monthly electricity bill for New Richmond Utilities' residential customers

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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

New Richmond Utilities Service

  • States Served:
    • Wisconsin
  • Counties Served:
    • St. Croix County
  • Major Cities Served:

Energy Loss

New Richmond Utilities' energy loss due to business operations.

-3.63%

Total Energy Loss

4,006MWh

525 National Rank

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New Richmond Utilities Coverage Map

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New Richmond Utilities State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
Wisconsin5,16611,953,595.3654100%

New Richmond Utilities County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
St. Croix County96,017615.09$133.97/mo

New Richmond Utilities Reviews

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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 13.07 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 $88.33.

King Manalo
Last Reviewed By: King Manalo
Published: 2022-08-01