Newport Electric Company
Electricity Rates, Plans & Statistics
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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 22,991 total customers. Exactly 6 of them are industrial properties, 3,459 are commercial accounts and the rest are residential properties. Newport Electric Company's average residential electricity price per kilowatt hour is 13.49 cents per kilowatt hour, which is 9.83% more than the average Tennessee price of 12.29 cents and 13.42% less than the nationwide average of 15.59. The company sold 534,500 megawatt hours through retail sales in 2022. 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 2022, the provider made a total of $64,701,900 from business activities relating to the sale and transfer of electricity. They had 96.87% of their revenue coming from retail sales to end users.
The Tennessee average monthly residential electric bill is $138.44, while the Newport Electric Company average is 5.93% higher at $146.34 per month. Newport Electric Company ranks 57th in the state for average monthly bill amount. The company is not associated with any electricity plants and all of the electricity that they sell to their consumers must be purchased from other providers.
Losing electricity due to heat dissipation while transmitting electricity and other causes is part of being in the electricity generation business. Electricity companies must report these losses. Newport Electric Company reported a yearly loss of around 6.42% of the electricity that they transmit. Newport Electric Company's energy loss levels result in a ranking of 67th best out of the 84 providers that operate in Tennessee and report energy loss and 1165th best out of 3517 in the United.
Newport Electric Company Rate & Electric Bills
Newport Electric Company residential electric rates are highest in January and the highest average bill is in February.
Historical Electricity Rates:
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Newport Electric Company Overview
- Company Type:Municipal
- Headquarters:170 Cope Boulevard
Newport, Tennessee 37821
United States of America - Director/Superintendent:Michael Williford
Newport Electric Company Contact
- Website:newportutilities.com
- Customer Service Phone:(423) 625-2800
- Contact Page:newportutilities.com
- Social Media:
Newport Electric Company Service
- Rates & Plans:newportutilities.com
- Outage Map:ebill.newportutilities.com
- Outage Phone:(423) 625-2800
- States Served:
- Tennessee
- Counties Served:
- Sevier County
- Jefferson County
- Cocke County
- Major Cities Served:See all cities
- Table Of Contents:
Energy Loss
Newport Electric Company's energy loss due to business operations.
Total Energy Loss
36,648MWh
1165 National Rank
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Newport Electric Company Coverage Map
Newport Electric Company State Coverage
State | Customers | Sales ($) | State Rank Based On Revenue | % of Provider's Residential Sales in State |
---|---|---|---|---|
Tennessee | 22,991 | 62,676,000 | 38 | 100% |
Newport Electric Company County Coverage
County | Population | Providers | Avg. County Rate (¢) | Avg. Electric Bill |
---|---|---|---|---|
Cocke County | 35,896 | 2 | 13.50 | $145.87/mo |
Jefferson County | 54,358 | 4 | 12.80 | $148.85/mo |
Sevier County | 98,789 | 4 | 11.60 | $133.15/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
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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 13.49 cents per kilowatt hour (¢/kWh), compared to the average state bundled rate of 12.29 cents and the average US rate of 15.59 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 $146.34. The Tennessee average bundled bill is $138.44 and the US average is $138.44.
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.