Richland Electric
Electricity Rates, Plans & Statistics
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About Richland Electric
Richland Electric is a municipally owned entity providing electricity in Richland, Washington. The company has 25,006 residential customer accounts, 1,732 commercial customer accounts and 54 industrial accounts within their service area. Richland Electric averages 9.87 cents per kilowatt hour charged to their customers for residential electricity, which is 9.85% less than the average state rate of 10.95 cents and 36.85% lower than the nationwide average of 15.64. In 2022 the company sold 978,529 megawatt hours to end users (known as retail sales). The electricity they sourced was made up of megawatt hours procured on wholesale channels. They purchased 1,024,056 megawatt hours on the wholesale market. In 2022 they had total electricity related revenue of $79,678,000, with 97.44% coming from retail sales.
The national average monthly residential power bill is $132.69, while the Richland Electric average is 3.51% less at $128.03 per month. The supplier currently does not produce their own electricity. Instead, they must purchase that electricity at wholesale rates and then resell it at a higher rate to end consumers.
Richland Electric is one of 49 electricity suppliers in the state who offer net metering to their customers. The purchase of solar panels and alternative electricity sources is often prohibitively priced for citizens. Net metering allows purchasers of these electricity sources to sell extra wattage back to the grid, making the installation of these alternative sources economically viable.
All electricity providers who generate electricity suffer from some energy loss from heat dissipation or alternative factors. Richland Electric is no exception, as they have an annual loss of around 4.45% of the aggregate electricity they transmit. These averages allow us to compare and contrast the various companies who operate around the United States. Richland Electric has earned a rank of 739th best out of 3517 suppliers who report energy loss in the country.
Richland Electric Rate & Electric Bills
Richland Electric residential electric rates are highest in January and the highest average bill is in August.
Historical Electricity Rates:
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Richland Electric Overview
- Company Type:Municipal
- Headquarters:625 Swift Boulevard, MS-23
Richland, Washington 99352
United States of America - Director/Superintendent:Clint Whitney
Richland Electric Contact
- Website:www.ci.richland.wa.us
- Customer Service Phone:(509) 942-7403
- Contact Page:www.ci.richland.wa.us
- Social Media:
Richland Electric Service
- Rates & Plans:www.ci.richland.wa.us
- Outage Phone:(509) 943-4428
- States Served:
- Washington
- Counties Served:
- Benton County
- Major Cities Served:
- Table Of Contents:
Energy Loss
Richland Electric's energy loss due to business operations.
Total Energy Loss
45,527MWh
739 National Rank
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Richland Electric Coverage Map
Richland Electric State Coverage
| State | Customers | Sales ($) | State Rank Based On Revenue | % of Provider's Residential Sales in State |
|---|---|---|---|---|
| Washington | 26,792 | 77,638,000 | 16 | 100% |
Richland Electric County Coverage
| County | Population | Providers | Avg. County Rate (¢) | Avg. Electric Bill |
|---|---|---|---|---|
| Benton County | 212,791 | 3 | 8.71 | $122.99/mo |
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Richland Electric FAQ:
What is the phone number for Richland Electric?
The Richland Electric phone number is (509) 942-7403.
What is the average bundled bill for Richland Electric customers each month?
Customers of Richland Electric pay, on average, a monthly bundled bill of $128.03.
Who is the CEO of Richland Electric?
Richland Electric's current CEO is Clint Whitney.
What is the average bundled electricity rate for Richland Electric customers?
The average bundled rate of electricity for customers of Richland Electric is 9.87 cents per kilowatt hour (¢/kWh).
