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 23,966 residential customer accounts, 1,597 commercial customer accounts and 50 industrial accounts within their service area. Richland Electric averages 9.99 cents per kilowatt hour charged to their customers for residential electricity, which is 0.81% less than the average state rate of 10.07 cents and 25.87% lower than the nationwide average of 13.47. In 2020 the company sold 906,062 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 928,379 megawatt hours on the wholesale market. In 2020 they had total electricity related revenue of $73,014,000, with 97.98% coming from retail sales.

The nationwide average monthly residential power bill is $119.32, while the Richland Electric average is 1.30% higher at $120.87 per month. Richland Electric ranks 1918th in the nation for average monthly bill amount. 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 Net Metering

Richland Electric is one of 48 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.

Energy Loss

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 2.40% 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 248th best out of 3510 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 May.

Historical Electricity Rates:

Price Per kWh Average Bill $0.100/kWh$0.084/kWh $125.08/mo.$113.18/mo.
528th 9.99¢ Richland Electric's Average residential price per kWh
1918th $120.87 Average monthly electricity bill for Richland Electric's residential customers

Richland Electric Overview

  • Company Type: Municipal
  • Headquarters: 625 Swift Boulevard, MS-23
    Richland, Washington 99352
    United States of America
  • Director/Superintendent: Clint Whitney

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Energy Loss

Richland Electric's energy loss due to business operations.

-2.40%

Total Energy Loss

22,317 MWh

248  National Rank

Richland Electric Coverage Map

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Richland Electric State Coverage

State Customers Sales ($) State Rank Based On Revenue % of Provider's Residential Sales in State
Washington 25,613 71,536,000 16 100%

Richland Electric County Coverage

County Population Providers Avg. County Rate (¢) Avg. Electric Bill
Benton County 206,873 3 8.79 $115.36/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 $120.87.

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 9.99 cents per kilowatt hour (¢/kWh).

Last Reviewed By: Matt Hope
Published: 2021-03-16 Last Updated: 2022-03-13