Spencer, Nebraska Electric Utility

About Spencer, Nebraska Electric Utility

Spencer, Nebraska Electric Utility provides electricity in Spencer, Nebraska. A total of 52 commercial customer accounts and 219 residential customer accounts are provided electricity by the company. Consumers of Spencer, Nebraska Electric Utility pay an average residential electricity rate of 13.59 cents per kilowatt hour, which is 20.14% more than the average state price of 11.31 cents and 13.77% below the national average of 15.76. They had sales of 5,825 megawatt hours in 2019 by way of retail sales. The electricity they sourced was made up of megawatt hours that they purchased on wholesale channels. They purchased 6,487 on the wholesale market. The provider earned $678,700 in total revenue from electricity-related activities in 2019 through sales to retail end-users alone.

Consumers of the supplier pay an average monthly residential electricity bill of $139.59. This is 3.14% above the US average of $135.34. The provider does not have ownership in any electricity plants and all of the electricity that they sell to their customers must be purchased from other companies.