Randolph, Nebraska Electric Utility

About Randolph, Nebraska Electric Utility

Randolph, Nebraska Electric Utility is a municipally owned entity providing electricity in Cedar County, Nebraska. At the moment, 562 consumers receive their electricity from the supplier. These customers are a mix of 2 industrial customers, 117 commercial customers and 443 residential customers. Consumers of Randolph, Nebraska Electric Utility are charged an average residential electricity price of 10.59 cents per kilowatt hour, which is 4.55% below the average state rate of 11.10 cents and 32.24% less than the national average of 15.64. Of the 9,124 megawatt hours Randolph, Nebraska Electric Utility sold and dispossessed, 91.80% were via retail sales. The electricity sourced by Randolph, Nebraska Electric Utility is made up primarily of megawatt hours they acquired via the wholesale electricity market. This category makes up 100.00% of the total electricity sourced. The company made $812,500 in 2019 from electricity sales to end users alone.

The nationwide average monthly residential electric bill is $132.69, while the Randolph, Nebraska Electric Utility average is 18.49% less at $108.17 per month. The provider does not have ownership in any electricity generation facilities and all of the power that they sell to their customers must be purchased from other companies.