Trenton, Nebraska Electric Utility

About Trenton, Nebraska Electric Utility

Trenton, Nebraska Electric Utility is a municipally owned organization serving Trenton in Hitchcock County, Nebraska. At the time of the most recent government reports, the supplier had a total of 429 electricity customers being supplied electricity by the company. This total is made up of 26.11% commercial accounts and 73.89% residential accounts. The residential electricity rate for consumers of Trenton, Nebraska Electric Utility is, on average, 16.74 cents per kilowatt hour. This is 3.19% above the national average price of 16.22 cents, resulting in the provider ranking 2376th out of 2885 companies in the US for best average electricity rate. In 2019 the company sold 5,965 megawatt hours to end users (known as retail sales). The electricity sourced by the company primarily came from megawatt hours that they procured by way of wholesale channels. They purchased 6,344 wholesale megawatt hours. Their revenue in 2019 from electricity related activities was $670,400, with 100.00% coming from retail sales to end users.

The United States average monthly residential electric bill is $143.38, while the Trenton, Nebraska Electric Utility average is 10.08% lower at $128.93 per month. This is the 1278th lowest average monthly bill amount for a supplier in the United States. The provider currently does not produce their own electricity. Instead, they must purchase that electricity at wholesale prices and then resell it at a higher rate to end users.