Salamanca Board of Public Utilities

About Salamanca Board of Public Utilities

Salamanca Board of Public Utilities provides electricity for Salamanca, New York and is a municipally owned entity. They currently provide electricity to residential, commercial and industrial customer accounts, with a total of 3,032 residential customers, 525 commercial customers and 85 industrial customers signed on for their services. The average residential electricity price for Salamanca Board of Public Utilities is roughly 5.81 cents per kilowatt hour, which is 62.85% below the nationwide average rate of 15.64 cents. This makes the provider 27th lowest for average electricity price out of 2893 providers in the nation. About 115,254 megawatt hours were sold by the supplier to retail customers in 2019. The electricity sourced by the supplier primarily came from megawatt hours that they acquired by way of wholesale channels. They purchased 118,839 megawatt hours on the wholesale market. Their total revenue for 2019 was $5,857,000 and came from sales to retail electricity customers alone.

Patrons of the provider pay an average residential power bill of $63.05. This is 42.27% less than the state average of $119.14. The provider does not have ownership in any electricity generation facilities and all of the megawatt hours that they sell to their consumers must be purchased wholesale from other providers.