The Narragansett Electric Co: Rates and Coverage Area

The Narragansett Electric Co

Electricity Rates, Plans & Statistics

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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, Warwick, Cranston, Pawtucket, and East Providence. On average, The Narragansett Electric Co's residential electricity price is 27.59 cents per kilowatt hour. Unfortunately, this is 1.43% more than the state's average price of 27.20 cents. In 2022 the company sold 95.01% of their megawatt hours via normal retail sales to end users. During the same timeframe, The Narragansett Electric Co obtained 4,408,942 megawatt hours via wholesale electricity channels. In 2022, the provider made a total of $1,185,598,600 from business activities relating to the sale and transfer of electricity. They had revenue of $859,191,200 from retail sales to end users.

The nationwide average monthly residential power bill is $132.69, while the The Narragansett Electric Co average is 16.25% higher at $154.26 per month. The Narragansett Electric Co ranks 2356th 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 4.71% 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 810th best out of 3517 suppliers who report energy loss in the country.

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 March.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.318/kWh$0.161/kWh$207.12/mo.$79.01/mo.
2885th27.59¢The Narragansett Electric Co's Average residential price per kWh
2356th$154.26Average monthly electricity bill for The Narragansett Electric Co's residential customers

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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

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.

-4.71%

Total Energy Loss

207,768MWh

810 National Rank

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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 Island395,760820,932,0751100%

The Narragansett Electric Co County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Bristol County50,672126.30$146.05/mo
Kent County171,275126.30$146.05/mo
Newport County84,481126.30$146.05/mo
Providence County657,288224.08$138.36/mo
Washington County130,330226.42$146.04/mo

Cities The Narragansett Electric Co Has Coverage

* 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 $154.26.

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 27.59 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.

Matt Hope
Last Reviewed By: Matt Hope
Published: 2023-12-06