North Branch Water and Light

About North Branch Water and Light

North Branch Water and Light is a municipally owned entity providing electricity in North Branch, Minnesota. The company has 1,892 residential customer accounts, 253 commercial customer accounts and 26 industrial accounts within their service area. North Branch Water and Light averages 15.38 cents per kilowatt hour charged to their customers for residential electricity, which is 3.01% less than the average state rate of 15.86 cents and 5.15% lower than the nationwide average of 16.22. In 2019 the company sold 25,491 megawatt hours to end users (known as retail sales). Power facilities owned by the company produced 311 megawatt hours and an additional 27,409 megawatt hours were procured by way of wholesale channels. Their total revenue in 2019 from electricity activities was $3,861,000, with 100.00% coming from retail sales to end users.

The national average monthly residential power bill is $143.38, while the North Branch Water and Light average is 94.06% less at $8.52 per month. The supplier currently does not produce their own electricity. Instead, they must purchase that electricity at wholesale rates and then resell it at a higher rate to end consumers. North Branch Water and Light is ranked as the 694th highest electricity producer in the nation out of 3530 suppliers. Based on megawatt hours generated, North Branch Water and Light is the 694th largest out of 3530 suppliers in the nation.