Ord, Nebraska Electric Utility

About Ord, Nebraska Electric Utility

Ord, Nebraska Electric Utility is a municipally owned organization providing electricity in Ord, Nebraska and other areas of Valley County. There are 1,441 customers of the company. Exactly 319 of them are commercial accounts and 1,122 of them are residential properties. Ord, Nebraska Electric Utility charges their customers a residential electricity rate of 8.93 cents per kilowatt hour on average. This is 18.19% lower than the state's average rate of 10.91 cents, which ranks the supplier 9th out of 150 providers in Nebraska for best average electricity rate. Of the 38,299 megawatt hours Ord, Nebraska Electric Utility sold and dispossessed, 92.06% were from sales to end users. During the same timeframe, the company obtained 38,299 megawatt hours via wholesale electricity channels. In 2019, they made a total of $3,702,000 from business activities relating to the sale and transfer of electricity. They had 88.98% of their revenue coming from retail sales to end users.

The average monthly residential electricity bill for a customer of Ord, Nebraska Electric Utility is $109.52 per month, while the Nebraska average is $113.19. Patrons of the supplier pay 2.76% less compared to other residents of Nebraska. The supplier currently does not generate their own electricity. Instead, they must purchase that electricity at wholesale prices and then resell it at a higher rate to end consumers. The supplier is the 15th highest out of 150 cities in Nebraska for megawatt hours generated using natural gas. The company produces 519th megawatt hours from non-renewable fuel types each year. This makes them 16th out of 150 suppliers in the state.