Niobrara Valley Electric

About Niobrara Valley Electric

Niobrara Valley Electric is an electric cooperative located in O'Neill, Nebraska and serving customers in 16 cities in Nebraska. Electricity providers must regularly report their customer counts to government agencies. Recently the supplier disclosed a total of 6,279 customers receiving electricity from the company. About 20.24% of these customers are industrial properties, 1.15% are commercial customers and 78.61% are residential properties. On average, Niobrara Valley Electric charges their patrons a residential electricity rate of 10.95 cents per kilowatt hour. While this is higher than the state average rate of 10.87 cents per kilowatt hour it is lower than the US average of 13.26 cents. In 2019 they had retail sales of 115,117 megawatt hours. The megawatt hours sourced by the company primarily came from megawatt hours that they acquired on wholesale channels. They purchased 126,716 wholesale megawatt hours. In 2019, the supplier had revenue of $13,388,400 from retail electricity sales to end users.

The state average monthly residential electricity bill is $106.7, while the Niobrara Valley Electric average is 10.00% higher at $118.49 per month. Niobrara Valley Electric is the 88th ranked provider in the state for average monthly bill amount. The supplier currently does not generate their own electricity. Instead, they must purchase that electricity at wholesale prices from other providers and then resell it to end consumers.