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 1,079 total customers, 976 of which are residential properties, 101 are commercial customers and 2 of which are industrial properties. The residential electricity rate for patrons of Wakefield Electric is, on average, 10.67 cents per kilowatt hour. This is 19.92% below the national average price of 13.33 cents, which ranks the company 929th lowest for average electricity rate out of 3511 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.
About Wakefield Electric
The national average monthly residential power bill is $120.11, while the Wakefield Electric average is 45.76% less at $65.15 per month. This is the 230th lowest average monthly bill amount for a provider in the country. With total emissions of 5,416,495.1 kilograms a year, Wakefield Electric has the 2802nd highest emissions total out of 3511 electricity providers in the United States. Electricity generation is not part of the Wakefield Electric business model, as they purchase electricity at wholesale rates and then resell to their end users.
Consumers of Wakefield Electric cannot take advantage of net metering offerings. Net metering would make it cheaper for people to install solar and other electricity options as they have the ability to sell excess megawatt hours into the grid.
Wakefield Electric Rate & Electric Bills
Wakefield Electric residential electric rates are highest in January and the highest average bill is in May.
Wakefield Electric Overview
- Company Type:Municipal
- Headquarters:218 Chicago Mine Road
Wakefield, Michigan 49968
United States of America
- CEO:David Semenak
Wakefield Electric Contact
- Customer Service Phone:(906) 229-5131
- Social Media:
Wakefield Electric Coverage Map
Wakefield Electric State Coverage
|State||Customers||Sales ($)||State Rank Based On Revenue||% of Provider's Residential Sales in State|
Wakefield Electric County Coverage
|County||Population||Providers||Avg. County Rate (¢)||Avg. Electric Bill|
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 bill for Wakefield Electric customers each month?
Wakefield Electric currently has an average monthly electric bill of $65.15, compared to the Michigan average of $113.25 and the US of $113.25.
What is the phone number for Wakefield Electric?
Wakefield Electric's customer service phone number is (906) 229-5131
What is the average electricity rate for Wakefield Electric customers?
Consumers of Wakefield Electric, on average, have an electricity rate 10.67 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.