Olyphant Borough Electric
Electricity Rates, Plans & Statistics
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About Olyphant Borough Electric
Olyphant Borough Electric provides electricity for Olyphant, Pennsylvania and is a municipally owned entity. Recently filed reports by the company showed a customer count of 2,581 accounts, 167 of which are commercial customers, 2,413 are residential customers and one is an industrial account. Olyphant Borough Electric has an average residential electricity rate of 20.33 cents per kilowatt hour, ranking the company at 66th out of 67 companies in Pennsylvania and 2828th out of 2893 in the country for average electricity rate. Approximately 22,968 megawatt hours were sold by the provider to retail end users in 2019. The purchase of wholesale electricity made up 103.83% of the electricity sourced by the company. In 2019, the total revenue of the company was $3,864,000, which was earned exclusively through electricity sales to retail customers.
The average monthly residential power bill for a consumer of Olyphant Borough Electric is $117.59 per month. Customers of the company pay 10.43% less compared to the rest of the state. The supplier does not have ownership in any electricity generation facilities and all of the megawatt hours that they sell to their consumers must be purchased wholesale from other providers.
Consumers of Olyphant Borough Electric can take advantage of net metering solutions, which is a positive for both parties. Net metering allows private individuals to sell kilowatt hours back to their provider, which makes the purchase of solar and other electricity sources more financially viable.
Olyphant Borough Electric Rate & Electric Bills
Olyphant Borough Electric residential electric rates are highest in January and the highest average bill is in September.
Historical Electricity Rates:
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Olyphant Borough Electric Overview
- Company Type:Municipal
- Headquarters:113 Willow Avenue
Olyphant, Pennsylvania 18447
United States of America - Director/Superintendent:John Sedlak Jr.
Olyphant Borough Electric Contact
- Website:olyphantborough.com
- Customer Service Phone:(570) 489-3001
- Contact Page:olyphantborough.com
- Social Media:
Olyphant Borough Electric Service
- States Served:
- Pennsylvania
- Counties Served:
- Lackawanna County
- Major Cities Served:
- Table Of Contents:
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Olyphant Borough Electric Coverage Map
Olyphant Borough Electric State Coverage
| State | Customers | Sales ($) | State Rank Based On Revenue | % of Provider's Residential Sales in State |
|---|---|---|---|---|
| Pennsylvania | 2,581 | 4,428,200 | 45 | 100% |
Olyphant Borough Electric County Coverage
| County | Population | Providers | Avg. County Rate (¢) | Avg. Electric Bill |
|---|---|---|---|---|
| Lackawanna County | 215,615 | 63 | 18.29 | $162.29/mo |
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Olyphant Borough Electric FAQ:
What is the average bundled bill for Olyphant Borough Electric customers each month?
Consumers of Olyphant Borough Electric pay, on average, a monthly bundled bill of $117.59.
What is the average bundled electricity rate for Olyphant Borough Electric customers?
Olyphant Borough Electric's current average bundled electricity rate is 20.33 cents per kilowatt hour (¢/kWh), compared to the average Pennsylvania bundled rate of 17.35 cents and the average nationwide rate of 15.64 cents.
What is the phone number for Olyphant Borough Electric?
Olyphant Borough Electric's customer service phone number is (570) 489-3001
Who is the CEO of Olyphant Borough Electric?
The current CEO of Olyphant Borough Electric is John Sedlak Jr..
