Polk, Nebraska Electric Utility

About Polk, Nebraska Electric Utility

Polk, Nebraska Electric Utility provides electricity to 4 cities and is classified as a municipally owned organization. A total of 234 customers (180 residential accounts, 52 commercial customers and 2 industrial properties) receive their electricity from the supplier. On average, Polk, Nebraska Electric Utility's consumers spend 15.92 cents per kilowatt hour for their residential electricity, which is 46.50% higher than the average state rate of 10.87 cents. There were a total of 2,992 megawatt hours sold through retail sales in 2019 by the provider. Of the megawatt hours they sourced, 3,311 megawatt hours were procured on wholesale channels. The provider 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 electricity bill is $106.7, while the Polk, Nebraska Electric Utility average is 9.24% higher at $117.59 per month. Polk, Nebraska Electric Utility is the 86th ranked provider in the state for average monthly bill amount. The supplier currently does not generate their own electricity. Instead, they must purchase that electricity at wholesale prices from other providers and then resell it to end consumers.