Wakefield, Nebraska Electric Utility

About Wakefield, Nebraska Electric Utility

A total of 681 residential customers, 127 commercial accounts and one industrial customer are provided electricity by the supplier. Wakefield, Nebraska Electric Utility bills their customers a residential electricity rate of 10.86 cents per kilowatt hour on average. Thankfully for their customers, this rate is less than both the Nebraska and national average prices of 11.90 and 16.22 cents per kilowatt hour, respectively. The supplier sold 49,338 megawatt hours through retail sales in 2019. The electricity sourced by the company is made up of multiple sources including megawatt hours they generate in their power facilities and additional megawatt hours procured on wholesale channels. These two categories comprise 0.01% and 99.99%, respectively, of the total electricity sourced by the company. They made $3,730,000 in total revenue in 2019 through retail electricity sales alone.

The United States average monthly residential power bill is $143.38, while the Wakefield, Nebraska Electric Utility average is 51.00% below at $70.25 per month. This is the 70th lowest average monthly bill amount for a provider in the United States. Wakefield, Nebraska Electric Utility is the 62nd largest provider out of 148 electricity companies in Nebraska based on total megawatt hours sold. Electricity production is not part of the Wakefield, Nebraska Electric Utility business model, as they purchase electricity at wholesale rates from other companies and then resell to their customers. Wakefield, Nebraska Electric Utility is ranked as the 50th highest total electricity generator out of 148 providers in the state.