Oxford, Nebraska Electric Utility

About Oxford, Nebraska Electric Utility

Electricity suppliers must regularly report their customer counts to government agencies. Recently the supplier listed 555 customers signed up for their services. Exactly 443 of these are residential accounts and 112 are commercial accounts. Oxford, Nebraska Electric Utility's patrons spend, on average, 15.99 cents per kilowatt hour for their electricity. This is, unfortunately, 34.38% above the state's average rate of 11.90 cents, which ranks the provider 120th lowest for average electricity rate out of 148 suppliers in Nebraska. In 2019 the company sold 6,834 megawatt hours by way of retail sales to end users. The electricity sourced by the company came from a mixture of electricity generation from electricity plants owned by Oxford, Nebraska Electric Utility and additional megawatt hours that they purchased on the wholesale electricity market. Through retail sales alone , The company earned $1,019,000 in 2019.

Customers of the company have an average residential electricity bill of $112.45. This is 21.57% less than the United States average of $143.38. Oxford, Nebraska Electric Utility is the 2716th largest electricity company out of 3530 suppliers in the nation based on total megawatt hours sold. Production by the company from natural gas totals 24.58 megawatt hours, which is about 91.05% of their total production. The supplier currently does not generate any of the electricity that they sell. Instead, they must purchase that electricity at wholesale prices and then resell it at a higher rate to end consumers.