Recently, the company reported a total customer count of 3,510 accounts. Exactly 2,918 are residential accounts, 586 are commercial customer accounts and 6 are industrial properties. On average, Seward Electric's patrons purchase residential electricity for 11.95 cents per kilowatt hour. This is 9.98% more than Nebraska's average rate of 10.87 cents, which ranks the supplier 91st out of 150 providers in Nebraska for best average electricity price. The company sold 95,109 megawatt hours in 2019 via traditional retail accounts. The purchase of wholesale electricity made up 100.00% of the electricity sourced by the company. The total revenue for Seward Electric in 2019 from electricity sales was $9,602,000, with all revenue coming from retail sales to end users.
About Seward Electric
The nationwide average monthly residential electricity bill is $120.24, while the Seward Electric average is 14.26% less at $103.09 per month. Electricity generation is not part of the Seward Electric business model, as they purchase electricity at wholesale rates and then resell to their customers.
Thankfully, Seward Electric allows their consumers to take part in net metering. This makes it easier for people to install solar and other alternative electricity options as they have the ability to sell unneeded electricity back into the grid.
Seward Electric Rate & Electric Bills
Seward Electric residential electric rates are highest in January and the highest average bill is in August.
Historical Electric Rates:
Seward Electric Overview
- Company Type:Municipal
- Headquarters:537 Main Street
Seward, Nebraska 68434
United States of America
- CEO:Larry Ruether
Seward Electric Contact
Seward Electric Coverage Map
Seward Electric State Coverage
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Seward Electric FAQ:
What is the phone number for Seward Electric?
The Seward Electric phone number is (402) 643-3151.
Who is the CEO of Seward Electric?
The CEO of Seward Electric is Larry Ruether.
What is the average electricity rate for Seward Electric customers?
Seward Electrics current average electricity rate is 11.95 cents per kilowatt hour (¢/kWh), compared to the average Nebraska rate of 10.87 cents and the average national rate of 13.45 cents.
What is the average bill for Seward Electric customers each month?
Seward Electric currently has an average monthly electric bill of $103.09, compared to the Nebraska average of $106.70 and the United States average of $106.70.