The Narragansett Electric Co

The Narragansett Electric Co operates in 5 counties and is classified as an investor owned entity. At the moment, there are 440,702 customers of the provider. Exactly 395,864 of them are residential accounts, 43,737 are commercial accounts, 2 are transportation accounts and 1,098 of them are industrial accounts. The residential electricity price for patrons of The Narragansett Electric Co is, on average, 22.19 cents per kilowatt hour, which is 0.32% below the average state rate of 22.26 cents and 64.94% above the nationwide average of 13.45. In 2020 the company sold 94.81% of their total megawatt hours disposed by way of normal retail sales to end users. Of the megawatt hours they sourced, 4,204,337 megawatt hours were procured via wholesale channels. Their total revenue in 2020 from electricity activities was $1,103,308,400, with $799,214,800 coming from retail sales to end users.

About The Narragansett Electric Co

The nationwide average monthly residential power bill is $120.24, while the The Narragansett Electric Co average is 9.81% higher at $132.03 per month. The Narragansett Electric Co is the 1147th ranked provider in the nation for average monthly bill amount. The company currently does not generate any of the electricity that they sell. Instead, they must purchase that electricity at wholesale prices and then resell it at a higher rate to end consumers. Electricity sales have contributed to a rise in CO2 pollution of 2.91% during the course of the previous year.

The Narragansett Electric Co Net Metering

Offering net metering to consumers is a win-win situation for The Narragansett Electric Co and any individuals who receive their electricity from the company. 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 excess kilowatt hours back to the grid, making the installation of these alternative sources economically viable .

Energy Loss

Loss of electricity from heat dissipation while transmitting electricity and other causes is part of being in the electricity generation business. Suppliers are required to report these losses to government agencies who track electricity infrastructure efficiencies. The Narragansett Electric Co reported a yearly loss of about 4.90% of the electricity that they transmit. This percentage of electricity lost results in them being given a rank of 542nd worst out of 3511 providers reporting energy loss in the United States.

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 July.

Historical Electric Rates:

Price Per kWHAverage Bill$0.243/kWh$0.161/kWh$186.36/mo.$79.01/mo.
1533rd22.19¢The Narragansett Electric Co's Average residential price per kWh
1147th$132.03Average monthly electric bill for The Narragansett Electric Co's residential customers

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

The Narragansett Electric Co Contact

The Narragansett Electric Co Service

    Quick Facts About The Narragansett Electric Co

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    Releasing 1,776,201,946.79 kilograms of CO2 emissions, The Narragansett Electric Co comes in as the highest polluting electricity company in Rhode Island out of the 4 we follow.

    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
    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%Light BulbIcon representing Light Bulb.

    Total Energy Loss

    205,977MWh

    542 National Rank

    The Narragansett Electric Co Coverage Map

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    The Narragansett Electric Co State Coverage

    StateArrow UpArrow pointing upwards.CustomersArrow UpArrow pointing upwards.Sales ($)Arrow UpArrow pointing upwards.State Rank Based On RevenueArrow UpArrow pointing upwards.% of Provider's Residential Sales in StateArrow UpArrow pointing upwards.
    Rhode Island440,700802,174,7771100%

    The Narragansett Electric Co County Coverage

    CountyArrow UpArrow pointing upwards.PopulationArrow UpArrow pointing upwards.ProvidersArrow UpArrow pointing upwards.Avg. County Rate (¢)Arrow UpArrow pointing upwards.Avg. Electric BillArrow UpArrow pointing upwards.
    Bristol County48,479116.31$103.97/mo
    Kent County164,292116.31$103.97/mo
    Newport County82,082116.31$103.97/mo
    Providence County638,931215.74$102.72/mo
    Washington County125,577223.79$114.95/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 in?

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

    How much is the average bill for The Narragansett Electric Co customers each month?

    Consumers of The Narragansett Electric Co pay, on average, a monthly bill of $132.03.

    What is the phone number for The Narragansett Electric Co?

    The The Narragansett Electric Co phone number is (401) 784-7000.

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

    The Narragansett Electric Cos current average electricity rate is 22.19 cents per kilowatt hour (¢/kWh), compared to the average Rhode Island rate of 22.26 cents and the average nationwide rate of 13.45 cents.

    What company is The Narragansett Electric Co owned by?

    National Grid is the owner of The Narragansett Electric Co.

    What cities does The Narragansett Electric Co offer service to?

    The Narragansett Electric Co supplies to 8 cities.

    Last Reviewed By: Matt Hope
    Published: 2021-03-16Last Updated: 2021-08-25