Niles Electric Company
Electricity Rates, Plans & Statistics
Power Bill Over $75?
Reduce or replace your electricity bill with solar for as low as $0 down and $79/mo
About Niles Electric Company
Niles Electric Company is a municipally owned entity supplying electricity in Niles, Ohio and rural areas of Trumbull County. Electricity providers must regularly report the total number of customers signed up for their services to government agencies. In the most recent report the supplier reported a total of 12,119 residential customers, 918 commercial accounts and 19 industrial customers receiving their services. This is the entirety of their customers. Niles Electric Company's average residential electricity price per kilowatt hour is 8.05 cents per kilowatt hour, which is 47.08% lower than Ohio's average price of 15.21 cents. This makes the company 3rd out of 119 companies in the state for lowest average electricity rate. A total of 233,588 megawatt hours were sold through retail sales in 2022 by the company. During the same timeframe, Niles Electric Company procured 256,252 megawatt hours via the wholesale market. Through sales to retail customers alone , They earned $19,570,700 in 2022.
The US average monthly residential power bill is $133.26, while the Niles Electric Company average is 61.88% below at $50.8 per month. This is the 30th lowest average monthly bill amount for a supplier in the United States. The provider is the 125th largest generator of hydroelectric power in the nation out of 3510 suppliers, with total production reaching 33,654.26 megawatt hours in the past year. Niles Electric Company produces 33,654.26 megawatt hours from their production facilities, ranking them as the 425th largest producer of electricity in the US out of 3510 electricity suppliers. They rank 1st in the US out of the 3510 companies we track for their ratio of renewable versus non-renewable fuels used.
Electricity providers routinely submit reports for energy lost through heat dissipation and other causes to government agencies who track infrastructure efficiencies. Niles Electric Company recently reported a loss of 3.41% of the electricity generation total. The state of Ohio has an energy loss average of 2.38% and the countrywide average is 2.87%, giving Niles Electric Company a rank of 465th best out of 3510 providers who report energy loss in the United States.
Niles Electric Company Rate & Electric Bills
Niles Electric Company residential electric rates are highest in January and the highest average bill is in August.
Historical Electricity Rates:
Niles Electric Company Overview
- Company Type:Municipal
- Headquarters:951 Youngstown-Warren Road
Niles, Ohio 44446
United States of America
- Director/Superintendent:James Newbrough
Niles Electric Company Contact
Reduce or replace your electricity bill with solar
Quick Facts About Niles Electric Company
Niles Electric Company has no electricity production sources and must purchase all of the electricity they sell to consumers.
Niles Electric Company is the 36th largest electricity company out of 166 providers in Ohio based on total megawatt hours sold.
Niles Electric Company's energy loss due to business operations.
Total Energy Loss
465 National Rank
Niles Electric Company Coverage Map
Niles Electric Company State Coverage
|State||Customers||Sales ($)||State Rank Based On Revenue||% of Provider's Residential Sales in State|
Niles Electric Company County Coverage
Niles Electric Company Reviews
Write a Review of Niles Electric Company
Niles Electric Company FAQ:
What is the phone number for Niles Electric Company?
Niles Electric Company's customer service phone number is (330) 544-9000
Who is the CEO of Niles Electric Company?
The CEO of Niles Electric Company is James Newbrough.
What percentage of Niles Electric Company's electricity is generated from nonrenewable fuels?
Power plants owned by or associated with Niles Electric Company produce 0% of their electricity from nonrenewable fuels.
What is the average bundled electricity rate for Niles Electric Company customers?
Consumers of Niles Electric Company, on average, have an electricity bundled rate 8.05 cents per kilowatt hour (¢/kWh).
What is the average bundled bill for Niles Electric Company customers each month?
Currently, the average monthly bundled electric bill for customers of Niles Electric Company is $50.80. The Ohio average bundled bill is $124.79 and the nationwide average is $124.79.
What percentage of Niles Electric Company's electricity is produced from renewable fuel types?
Electric generation plants owned by or associated with Niles Electric Company produce 100.00% of their electricity using renewable fuel types.