The Narragansett Electric Co

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The Narragansett Electric Co Rate & Electric Bills

The Narragansett Electric Co residential electric rates are highest in January and the highest average bill is in June.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.257/kWh$0.161/kWh$186.36/mo.$79.01/mo.
2899th22.42¢The Narragansett Electric Co's Average residential price per kWh
2139th$129.43Average monthly electricity bill for The Narragansett Electric Co's residential customers

About The Narragansett Electric Co

The Narragansett Electric Co is an investor owned entity providing electricity in 8 different cities in Rhode Island including Providence, Cranston, Warwick, Pawtucket, and East Providence. A total of 448,212 customers (0.24% industrial accounts, 9.83% commercial accounts and 89.93% residential accounts) are provided electricity by the provider. Patrons of The Narragansett Electric Co are billed an average residential electricity rate of 22.42 cents per kilowatt hour, which is 0.96% higher than Rhode Island's average price of 22.21 cents and 64.00% higher than the nationwide average of 13.67 cents. They had total sales and disposition of 4,204,337 megawatt hours in 2020, of which 94.81% were via sales to end users. Wholesale power purchases made up 100.00% of the total electricity sourced . Exactly 4,204,337 megawatt hours were procured via the wholesale electricity market. In 2020, the supplier made 72.44% of their revenue from retail electricity sales.

The nationwide average monthly residential power bill is $120.98, while the The Narragansett Electric Co average is 6.99% higher at $129.43 per month. The Narragansett Electric Co ranks 2139th 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.

The Narragansett Electric Co Net Metering

The Narragansett Electric Co is one of 3 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. The Narragansett Electric Co is no exception, as they have an annual loss of around 4.90% of the aggregate electricity they transmit. These averages allow us to compare and contrast the various companies who operate around the United States. The Narragansett Electric Co has earned a rank of 874th best out of 3510 suppliers who report energy loss in the country.

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The Narragansett Electric Co Overview

  • Company Type:Investor Owned
  • Parent Company:National Grid
  • Headquarters:280 Melrose Street
    Providence, Rhode Island 02907
    United States of America
  • CEO:Badar Khan

The Narragansett Electric Co Contact

The Narragansett Electric Co Service

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Energy provider of the year for Rhode Island, Major Provider Category
Top 3 Lowest Energy Loss
Rhode Island, Major Provider Category
Claim Award
Energy provider of the year for Rhode Island, Major Provider Category
Top 3 Lowest Energy Loss
Rhode Island, Major Provider Category
Claim Award
Energy provider of the year for Rhode Island, Major Provider Category
Top 3 Lowest Energy Loss
Rhode Island, Major Provider Category
Claim Award

Energy Loss

The Narragansett Electric Co's energy loss due to business operations.

-4.90%

Total Energy Loss

205,977MWh

874 National Rank

The Narragansett Electric Co Coverage Map

Coverage Map Placeholder

The Narragansett Electric Co State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
Rhode Island448,212804,783,9261100%

The Narragansett Electric Co County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Bristol County50,793122.94$135.49/mo
Kent County170,363222.94$135.49/mo
Newport County85,643122.94$135.49/mo
Providence County660,741220.93$126.77/mo
Washington County129,839223.13$135.62/mo

Cities The Narragansett Electric Co Has Coverage

  • Central Falls, RI
  • Cranston, RI
  • East Providence, RI
  • Newport, RI
  • Pawtucket, RI
  • Providence, RI
  • Warwick, RI
  • Woonsocket, RI

* City coverage generated based on government data. Always verify you can get service from the provider.

The Narragansett Electric Co Reviews

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The Narragansett Electric Co FAQ:

How many counties does The Narragansett Electric Co provider electricity to?

There are 5 counties that receive at least some electricity coverage by The Narragansett Electric Co.

What is the average bundled bill for The Narragansett Electric Co customers each month?

Customers of The Narragansett Electric Co pay, on average, a monthly bundled bill of $129.43.

What is the average bundled electricity rate for The Narragansett Electric Co customers?

Consumers of The Narragansett Electric Co, on average, have an electricity bundled rate 22.42 cents per kilowatt hour (¢/kWh).

What is the phone number for The Narragansett Electric Co?

The The Narragansett Electric Co phone number is (800) 322-3223.

What company is The Narragansett Electric Co owned by?

The Narragansett Electric Co is owned by National Grid.

What cities does The Narragansett Electric Co have customers in in?

The Narragansett Electric Co serves electricity to 8 cities.

Who is the CEO of The Narragansett Electric Co?

Badar Khan is the CEO of The Narragansett Electric Co.

Last Reviewed By: Matt Hope
Published: 2022-08-01