Wakefield Electric

About Wakefield Electric

Wakefield Electric is a municipally owned organization serving 3 cities throughout Michigan including Ironwood, Bessemer, Wakefield, Watersmeet CDP, and Marenisco CDP. The company recently reported a total of 1,051 total customers, 951 of which are residential properties, 98 are commercial customers and 2 of which are industrial properties. The residential electricity rate for patrons of Wakefield Electric is, on average, 10.72 cents per kilowatt hour. This is 19.18% below the national average price of 13.26 cents, which ranks the company 851st lowest for average electricity rate out of 2922 providers in the US. They had sales of 12,440 megawatt hours in 2019 sold to end users. The electricity sourced by the company is made up of primarily wholesale purchased megawatt hours, with 13,717 purchased by the company. The total revenue for Wakefield Electric in 2019 was $1,302,000, which was earned entirely through electricity sales to retail customers.

The national average monthly residential power bill is $117.93, while the Wakefield Electric average is 44.63% less at $65.3 per month. This is the 172nd lowest average monthly bill amount for a provider in the country. Electricity generation is not part of the Wakefield Electric business model, as they purchase electricity at wholesale rates to then be resold to their customers.

Wakefield Electric Rate & Electric Bills

Wakefield Electric residential electric rates are highest in January and the highest average bill is in May.

Historical Electric Rates:

Price Per kWHAverage Bill$0.107/kWh$0.107/kWh$65.30/mo.$65.15/mo.
851st10.72¢Wakefield Electric's Average residential price per kWh
172nd$65.3Average monthly electric bill for Wakefield Electric's residential customers

Wakefield Electric Overview

  • Company Type:Municipal
  • Headquarters:218 Chicago Mine Road
    Wakefield, Michigan 49968
    United States of America
  • CEO:David Semenak

Wakefield Electric Contact

Wakefield Electric Service

Wakefield Electric Coverage Map

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Wakefield Electric State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
Michigan1,0511,271,70059100%

Wakefield Electric County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Gogebic County13,975519.55$78.57/mo

Cities Wakefield Electric Has Coverage

  • Bessemer, MI
  • Ironwood, MI
  • Wakefield, MI

* City coverage generated based on government data. Always verify you can get service from the provider.

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Wakefield Electric FAQ:

Who is the CEO of Wakefield Electric?

Wakefield Electric’s current CEO is David Semenak.

What is the average bundled bill for Wakefield Electric customers each month?

Wakefield Electric currently has an average monthly bundled electric bill of $65.30, compared to the Michigan average of $112.76 and the US of $112.76 for bundled service.

What is the phone number for Wakefield Electric?

Wakefield Electric's customer service phone number is (906) 229-5131

What is the average bundled electricity rate for Wakefield Electric customers?

Consumers of Wakefield Electric, on average, have an electricity bundled rate 10.72 cents per kilowatt hour (¢/kWh).

What cities does Wakefield Electric have customers in in?

Wakefield Electric provides electricity in 3 cities in the United States.

Last Reviewed By: Nick Reese
Published: 2021-03-16Last Updated: 2022-01-06