Park River, North Dakota Electric Utility

About Park River, North Dakota Electric Utility

Park River, North Dakota Electric Utility is headquartered in Park River, North Dakota and it supplies electricity in the citizens there. A total of 851 customers (13 industrial customers, 103 commercial customers and 735 residential properties) are provided electricity by the company. On average, Park River, North Dakota Electric Utility bills their consumers a residential electricity rate of 11.85 cents per kilowatt hour. While this is higher than the North Dakota average rate of 11.03 cents per kilowatt hour, it is less than the national average of 15.64 cents. In 2019 the company sold 91.05% of their total megawatt hours disposed to end users (known as retail sales). The electricity sourced by Park River, North Dakota Electric Utility is made up of primarily wholesale purchased megawatt hours, with 20,539 megawatt hours procured by the company. In 2019 the provider had total electricity related revenue of $2,354,000, with 93.67% from retail sales.

The nationwide average monthly residential electric bill is $132.69, while the Park River, North Dakota Electric Utility average is 0.23% more at $132.99 per month. Park River, North Dakota Electric Utility is the 1826th ranked company in the United States for average monthly bill amount. Electricity generation is not handled in house at the company, as they purchase electricity at wholesale rates and then resell to their consumers.