Redwood Coast Energy Authority

About Redwood Coast Energy Authority

Redwood Coast Energy Authority is a community choice aggregator (CCA). The largest city served by Redwood Coast Energy Authority is Eureka, but the company also supplies electricity to 7 cities in Humboldt County, California. The supplier recently reported a total of 55,423 residential customer accounts, 10,209 commercial accounts and 1,728 industrial customers, which makes up the entirety of their customer base. Redwood Coast Energy Authority's customers are charged an average electricity only residential rate of 16.13 cents per kilowatt hour. This is 2.11% below California's average electricity only rate of 16.47 cents, resulting in the supplier ranking 8th best for average electricity only price out of 19 providers in the state. In 2023 the company sold 563,910 megawatt hours to end users (known as retail sales). The electricity sourced by the company is made up of multiple electricity sources including 218 megawatt hours generated at power facilities they own and 599,591 purchased by way of the wholesale electricity market. The total revenue for Redwood Coast Energy Authority in 2023 from electricity sales was $77,293,000, with 100.00% coming from retail sales to end users.

The average monthly residential power bill for an electricity only consumer of Redwood Coast Energy Authority is $68.12. Patrons of the company are stuck with a 2.63% markup compared to the rest of the state. Electricity production from renewable fuel types by the company totals 338 megawatt hours. The company ranks 240th in the nation for megawatt hours produced from solar. Redwood Coast Energy Authority produces 27 megawatt hours from their electricity plants, which ranks them as the 818th highest generator of electricity in the country out of 3530 electricity suppliers.