North Platte Municipal Light and Water

About North Platte Municipal Light and Water

North Platte Municipal Light and Water is a municipally owned entity located in North Platte, Nebraska and serving customers in Lincoln County, Nebraska. Currently, 13,583 consumers are supplied electricity by the supplier. These customers are a mix of 4 industrial locations, 2,096 commercial customers and 11,483 residential locations. The average residential electricity price for customers of North Platte Municipal Light and Water is approximately 10.57 cents per kilowatt hour, which is 22.67% lower than the nationwide average price of 13.67 cents. This makes the supplier 725th out of 2922 companies in the US for best average electricity price. Roughly 283,699 megawatt hours were sold by the supplier to retail end users in 2020. The megawatt hours sourced by the company primarily came from megawatt hours that they acquired via the wholesale market. They purchased 302,160 wholesale megawatt hours. In 2020 they had total electricity related revenue of $27,412,000, with 97.90% coming from retail sales.

The average monthly residential electric bill for a customer of North Platte Municipal Light and Water is $91.16 per month, while the US average is $120.98. The company currently does not produce any of the electricity that they sell. Instead, they must purchase that electricity at wholesale prices from other providers and then resell it to end consumers.