Newport Electric Company

Electricity Rates, Plans & Statistics

Spike in Electricity Bill?

Get Solar for less than your cell phone bill

About Newport Electric Company

Newport Electric Company is headquartered in Newport, Tennessee and supplies electricity in 3 counties throughout Tennessee. The company last disclosed a total of 22,662 total customers. Exactly 7 of them are industrial properties, 3,360 are commercial accounts and the rest are residential properties. Newport Electric Company's average residential electricity price per kilowatt hour is 12.13 cents per kilowatt hour, which is 1.49% more than the average Tennessee price of 11.96 cents and 18.22% less than the nationwide average of 14.84. The company sold 554,183 megawatt hours through retail sales in 2021. The electricity sourced by the company is made up primarily of megawatt hours they purchased via the wholesale electricity market. This category makes up 100.00% of the total electricity sourced by the company. In 2021, the provider made a total of $59,454,400 from business activities relating to the sale and transfer of electricity. They had 96.02% of their revenue coming from retail sales to end users.

The Tennessee average monthly residential electric bill is $142.98, while the Newport Electric Company average is 6.07% higher at $134.97 per month. Newport Electric Company ranks 46th in the state for average monthly bill amount. The company is not associated with any electricity plants and all of the electricity that they sell to their consumers must be purchased from other providers.

Energy Loss

Losing electricity due to heat dissipation while transmitting electricity and other causes is part of being in the electricity generation business. Electricity companies must report these losses. Newport Electric Company reported a yearly loss of around 4.69% of the electricity that they transmit. Newport Electric Company's energy loss levels result in a ranking of 75th best out of the 84 providers that operate in Tennessee and report energy loss and 915th best out of 3509 in the United.

Newport Electric Company Rate & Electric Bills

Newport Electric Company residential electric rates are highest in January and the highest average bill is in February.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.121/kWh$0.108/kWh$134.97/mo.$117.50/mo.
1384th12.13¢Newport Electric Company's Average residential price per kWh
2149th$134.97Average monthly electricity bill for Newport Electric Company's residential customers

Newport Electric Company Overview

  • Company Type:Municipal
  • Headquarters:170 Cope Boulevard
    Newport, Tennessee 37821
    United States of America
  • Director/Superintendent:Michael Williford

Newport Electric Company Contact

Newport Electric Company Service

Go Solar for less than your cell phone bill.

Energy Loss

Newport Electric Company's energy loss due to business operations.

-4.69%

Total Energy Loss

27,280MWh

915 National Rank

Newport Electric Company Coverage Map

Coverage Map Placeholder

Newport Electric Company State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
Tennessee22,66257,088,00038100%

Newport Electric Company County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Cocke County35,896212.15$134.58/mo
Jefferson County54,358412.55$154.69/mo
Sevier County98,088410.61$124.93/mo

Cities Newport Electric Company Has Coverage

* City coverage generated based on government data. Always verify you can get service from the provider.

Newport Electric Company Reviews

Write a Review of Newport Electric Company

Newport Electric Company FAQ:

What is the average bundled electricity rate for Newport Electric Company customers?

Newport Electric Company's current average bundled electricity rate is 12.13 cents per kilowatt hour (¢/kWh), compared to the average state bundled rate of 11.96 cents and the average US rate of 14.84 cents.

Who is the CEO of Newport Electric Company?

The current CEO of Newport Electric Company is Michael Williford.

What is the average bundled bill for Newport Electric Company customers each month?

Currently, the average monthly bundled electric bill for customers of Newport Electric Company is $134.97. The Tennessee average bundled bill is $142.98 and the US average is $142.98.

How many counties does Newport Electric Company provider electricity in?

There are 3 counties that receive at least some electricity coverage by Newport Electric Company.

What is the phone number for Newport Electric Company?

The Newport Electric Company phone number is (423) 625-2800.

What cities does Newport Electric Company offer service to?

Newport Electric Company serves 2 cities in the nation including Tennessee.

Fernando García
Last Reviewed By: Fernando García
Published: 2022-08-01