Nicholasville Utilities is headquartered in Nicholasville, Kentucky and it provides electricity in the population located there. Electricity companies must regularly report the total number of customers they have to government agencies. On the most recent reports the supplier listed 6,700 customers signed up to receive electricity from the company. Around 0.15% of these customers are industrial accounts, 8.07% are commercial customer accounts and 91.78% are residential accounts. Nicholasville Utilities averages 8.28 cents per kilowatt hour charged to their customers for residential electricity, which is 25.23% less than the average Kentucky rate of 11.07 cents. In 2019 Nicholasville Utilities sold 90.12% of their total megawatt hours disposed via normal retail sales to end users. The electricity they sourced was made up of megawatt hours procured by way of wholesale channels. They purchased 196,620 megawatt hours on the wholesale market. In 2019 the company had total electricity related revenue of $14,987,000, with 99.46% coming from retail sales.
About Nicholasville Utilities
The nationwide average monthly residential electricity bill is $120.24, while the Nicholasville Utilities average is 23.41% lower at $92.09 per month. Electricity generation is not part of the Nicholasville Utilities business model, as they purchase power at wholesale rates and then resell to their customers.
Nicholasville Utilities is one of 38 electricity suppliers in the state who offer net metering to their consumers. Installation of solar panels and other electricity sources is often prohibitively priced for residents. Net metering allows purchasers of these electricity sources to sell unused kilowatt hours back to their provider, making the installation of these alternative sources economically feasible .
Nicholasville Utilities Rate & Electric Bills
Nicholasville Utilities residential electric rates are highest in January and the highest average bill is in April.
Historical Electric Rates:
Nicholasville Utilities Overview
- Company Type:Municipal
- Headquarters: 601 North Main Street
Nicholasville, Kentucky 40356
United States of America
Nicholasville Utilities Contact
Nicholasville Utilities Coverage Map
Nicholasville Utilities State Coverage
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Nicholasville Utilities County Coverage
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Nicholasville Utilities FAQ:
What is the average electricity rate for Nicholasville Utilities customers?
Nicholasville Utilitiess current average electricity rate is 8.28 cents per kilowatt hour (¢/kWh), compared to the average Kentucky rate of 11.07 cents and the average US rate of 13.45 cents.
How much is the average bill for Nicholasville Utilities customers each month?
The average monthly electric bill for customers of Nicholasville Utilities is $92.09. The state average bill is $122.32 and the national average is $122.32.
What is the phone number for Nicholasville Utilities?
You can reach Nicholasville Utilities by phone via (859) 885-9473.