Polk, Nebraska Electric Utility

About Polk, Nebraska Electric Utility

Polk, Nebraska Electric Utility is headquartered in Osceola, Nebraska and it supplies electricity in the population who live there. Electricity companies must regularly report the number of customers they have to government agencies. On the most recent reports the company reported a total of 231 customers signed on for their services. Approximately 0.87% of these customers are industrial accounts, 22.51% are commercial customer accounts and 76.62% are residential accounts. The average residential electricity price for Polk, Nebraska Electric Utility is about 15.36 cents per kilowatt hour, which is 38.39% above the average state rate of 11.10 cents, a potentially frustrating circumstance for their customers. There were a total of 2,992 megawatt hours sold to retail consumers in 2019 by the company. The electricity they sourced was made up of megawatt hours that they purchased by way of wholesale channels. They purchased 3,311 on the wholesale market. They had $477,000 in total revenue in 2019 from electricity-related activities, all of which came from retail sales to end-users.

The state average monthly residential electric bill is $113.13, while the Polk, Nebraska Electric Utility average is 2.70% higher at $116.7 per month. Polk, Nebraska Electric Utility is the 74th ranked company in the state for average monthly bill amount. The provider is not associated with any electricity generation plants and all of the power that they sell to their customers must be purchased from other suppliers.