Wakefield Electric
Electricity Rates, Plans & Statistics
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About Wakefield Electric
Wakefield Electric is a municipally owned organization supplying electricity in Wakefield, Michigan and rural areas of Gogebic County. The supplier has 2 industrial customer accounts, 948 residential customers and 97 commercial customer accounts within their service area. Wakefield Electric bills their patrons a residential electricity rate of 10.71 cents per kilowatt hour on average, which is 42.43% below the average state rate of 18.60 cents and 31.50% below the US average of 15.64. In 2019 the company sold 91.24% of their total megawatt hours disposed to end users (known as retail sales). Of the megawatt hours they sourced, 13,717 megawatt hours were obtained via wholesale channels. In 2019 the company had total electricity related revenue of $1,302,000, with 100.00% coming from retail sales.
Customers of the provider have an average residential electric bill of $66.96. This is 34.27% below the state average of $112.44. Electricity generation is not handled in house at the company, as they purchase power at wholesale rates and then resell to their consumers.
Wakefield Electric Rate & Electric Bills
Wakefield Electric residential electric rates are highest in January and the highest average bill is in July.
Historical Electricity Rates:
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Wakefield Electric Overview
- Company Type:Municipal
- Headquarters:218 Chicago Mine Road
Wakefield, Michigan 49968
United States of America - Director/Superintendent:David Semenak
Wakefield Electric Contact
- Website:www.cityofwakefield.org
- Customer Service Phone:(906) 229-5131
- Social Media:
Wakefield Electric Service
- Rates & Plans:www.cityofwakefield.org
- States Served:
- Michigan
- Counties Served:
- Gogebic County
- Major Cities Served:
- Table Of Contents:
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Wakefield Electric Coverage Map
Wakefield Electric State Coverage
| State | Customers | Sales ($) | State Rank Based On Revenue | % of Provider's Residential Sales in State |
|---|---|---|---|---|
| Michigan | 1,047 | 1,299,800 | 59 | 100% |
Wakefield Electric County Coverage
| County | Population | Providers | Avg. County Rate (¢) | Avg. Electric Bill |
|---|---|---|---|---|
| Gogebic County | 14,858 | 6 | 14.90 | $87.94/mo |
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Wakefield Electric FAQ:
How much is the average bundled bill for Wakefield Electric customers each month?
Wakefield Electric currently has an average monthly bundled electric bill of $66.96, compared to the Michigan average of $112.44 and the nationwide of $112.44 for bundled service.
What is the average bundled electricity rate for Wakefield Electric customers?
Wakefield Electric's current average bundled electricity rate is 10.71 cents per kilowatt hour (¢/kWh), compared to the average state bundled rate of 18.60 cents and the average nationwide rate of 15.64 cents.
What is the phone number for Wakefield Electric?
Wakefield Electric's customer service phone number is (906) 229-5131
Who is the CEO of Wakefield Electric?
The current CEO of Wakefield Electric is David Semenak.
