Stratton, Nebraska Electric Utility

About Stratton, Nebraska Electric Utility

Stratton, Nebraska Electric Utility supplies electricity in Hitchcock County, Nebraska. A total of 210 residential accounts, 68 commercial customers and 5 industrial accounts are provided electricity by the company. Stratton, Nebraska Electric Utility's customers are billed an average residential electricity price of 14.64 cents per kilowatt hour, which is 23.05% above the average Nebraska price of 11.90 cents. Of the 4,287 megawatt hours the provider sold and dispossessed, 3,579 were from sales to end users. The megawatt hours sourced by the provider primarily came from megawatt hours that they acquired via wholesale channels. They purchased 4,287 megawatt hours on the wholesale market. The total revenue of the provider in 2019 was $408,900, which was earned entirely through electricity sales to retail customers.

The Nebraska average monthly residential electricity bill is $116.69, while the Stratton, Nebraska Electric Utility average is 7.66% below at $105.71 per month. This is the 38th lowest average monthly bill amount for a supplier in the state. The supplier currently does not produce any of the electricity that they sell. Instead, they must purchase that electricity at wholesale rates from other providers and then resell it to end consumers.