Village of Prospect, OH Electricity

About Village of Prospect, OH Electricity

Village of Prospect, OH Electricity provides electricity to Prospect, Ohio and is a municipally owned organization. At the time of the most recent government reports, the company disclosed a total of 880 electricity customers. This total is made up of 763 residential customer accounts, 105 commercial customer accounts and 12 industrial accounts. Village of Prospect, OH Electricity has an average residential electricity rate of 12.81 cents per kilowatt hour. Fortunately for their customers, this rate is less than both the state and the United States average rates of 16.68 and 15.70 cents per kilowatt hour, respectively. They sold 9,760 megawatt hours by way of retail sales in 2019. Of the megawatt hours they sourced, 9,760 megawatt hours were acquired via wholesale channels. They made $1,203,000 in 2019, which they earned entirely from sales to retail customers.

The state average monthly residential electric bill is $145.32, while the Village of Prospect, OH Electricity average is 17.69% lower at $120.78 per month. This is the 60th lowest average monthly bill amount for a provider in the state. The provider currently does not produce their own electricity. Instead, they must purchase that electricity at wholesale prices from other companies and then resell it to end users.