Electricity Rates, Plans & Statistics
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Ontonagon REA Rate & Electric Bills
Ontonagon REA residential electric rates are highest in January and the highest average bill is in January.
Historical Electricity Rates:
About Ontonagon REA
With their main offices in Ontonagon, Michigan, Ontonagon REA supplies electricity to 5 counties throughout Michigan and is classified as an electricity cooperative. Electricity companies must regularly report the number of customers signed on for their services to government agencies. Most recently the supplier disclosed a total of 4,886 customers signed up to receive electricity from the company. Approximately 0.08% of these customers are industrial properties, 7.33% are commercial customer accounts and 92.59% are residential properties. On average, Ontonagon REA charges their consumers a residential electricity rate of 25.99 cents per kilowatt hour. Unfortunately, this is 47.46% more than Michigan's average price of 17.63 cents, ranking the company at 59th out of 60 providers in Michigan for lowest average electricity price. The provider had total sales and disposition of 24,437 megawatt hours in 2019, of which 100.00% were from retail sales. The electricity sourced by the company primarily came from megawatt hours that they procured by way of wholesale channels. They purchased 28,275 wholesale megawatt hours. The provider made $6,219,000 in 2019, all of which came from electricity sales to end users.
The nationwide average monthly residential electric bill is $120.98, while the Ontonagon REA average is 19.65% less at $97.2 per month. The provider does not have ownership in any electricity generation facilities and all of the power that they sell to their customers must be purchased from other companies.
Net metering is available to consumers of Ontonagon REA. This makes it cheaper for residents in the area to install solar and other electricity options as they have the ability to sell excess wattage into the grid.
Ontonagon REA Overview
- Company Type:Cooperative
- Headquarters:500 James K. Paul Street
Ontonagon, Michigan 49953
United States of America
- CEO:Calvin Koski
Ontonagon REA Contact
Ontonagon REA Service
- Outage Phone:(906) 884-4151
- States Served:
- Counties Served:
- Houghton County
- Gogebic County
- Iron County
- Baraga County
- Ontonagon County
- Major Cities Served:See all cities
- Table Of Contents:
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Ontonagon REA Coverage Map
Ontonagon REA State Coverage
|State||Customers||Sales ($)||State Rank Based On Revenue||% of Provider's Residential Sales in State|
Ontonagon REA County Coverage
Cities Ontonagon REA Has Coverage
- Baraga, MI
- Calumet, MI
- Hancock, MI
- Houghton, MI
- L'Anse, MI
- Lake Linden, MI
- Laurium, MI
- Ontonagon, MI
* City coverage generated based on government data. Always verify you can get service from the provider.
Ontonagon REA Reviews
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Ontonagon REA FAQ:
What is the average bundled bill for Ontonagon REA customers each month?
Ontonagon REA currently has an average monthly bundled electric bill of $97.20, compared to the Michigan average of $118.90 and the national of $118.90 for bundled service.
What is the phone number for Ontonagon REA?
Ontonagon REA's customer service phone number is (906) 884-4151
How many counties does Ontonagon REA provider electricity to?
There are 5 counties that receive at least some electricity coverage by Ontonagon REA.
What is the average bundled electricity rate for Ontonagon REA customers?
Customers of Ontonagon REA, on average, have an electricity bundled rate 25.99 cents per kilowatt hour (¢/kWh).
Who is the CEO of Ontonagon REA?
The CEO of Ontonagon REA is Calvin Koski.
What cities does Ontonagon REA have customers in to?
Ontonagon REA supplies to 8 cities in the US including Michigan.