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 421 electricity customers being supplied electricity by the company. This total is made up of 26.37% commercial accounts and 73.63% residential accounts. The residential electricity rate for consumers of Trenton, Nebraska Electric Utility is, on average, 14.23 cents per kilowatt hour. This is, regrettably, 28.25% more than the state's average rate of 11.10 cents. They had sales of 5,965 megawatt hours in 2019 by way of retail sales. The electricity sourced by the company is made up primarily of megawatt hours they acquired on the wholesale market. Of the electricity sourced by the company, whole purchased made up 100.00%. The supplier had $670,400 in total revenue for 2019 from electricity-related activities, all of which came from retail sales to end-users.

The United States average monthly residential electric bill is $132.69, while the Trenton, Nebraska Electric Utility average is 15.37% lower at $112.29 per month. This is the 1179th 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.