Oberlin Municipal Light & Power System

About Oberlin Municipal Light & Power System

Oberlin Municipal Light & Power System is a municipally owned entity providing electricity in Lorain County, Ohio. At the moment, 3,098 consumers receive their electricity from the supplier. These customers are a mix of 369 commercial customers and 2,729 residential customers. Oberlin Municipal Light & Power System averages 14.41 cents per kilowatt hour billed to their consumers for residential electricity, which is 9.48% below the average Ohio rate of 15.92 cents. In 2019 they had retail sales of 98,163 megawatt hours. The electricity they sourced was made up of megawatt hours produced by the company and additional megawatt hours that they acquired via the wholesale electricity market. They purchased 108,324 megawatt hours on the wholesale market and generated 719 megawatt hours. Their revenue for 2019 from electricity related activities was $12,146,500, with $11,678,000 from retail sales to end users.

The nationwide average monthly residential electric bill is $132.69, while the Oberlin Municipal Light & Power System average is 34.61% less at $86.76 per month. With 280 megawatt hours produced from non-renewable fuel sources, the company is the 479th largest producer of megawatt hours from non-renewable fuels out of 3517 suppliers in the United States. Generation by the company from natural gas totals 246.38 megawatt hours, which is around 2.97% of their total production. The company is able to generate 8,022.36 megawatt hours from hydroelectric power facilities, which makes them the 163rd largest producer of hydroelectric power out of 3517 providers in the nation.