Wallingford Electric

About Wallingford Electric

Wallingford Electric is a municipally owned entity with headquarters in Wallingford, Connecticut and providing power to customers in 9 cities in New Haven County, Connecticut such as the cities of New Haven, Waterbury, Meriden, West Haven, and Milford. Wallingford Electric has an average residential electricity rate of 12.93 cents per kilowatt hour, which is 41.34% less than the average Connecticut price of 22.04 cents and 2.52% below the national average of 13.26. They had total sales and disposition of 577,921 megawatt hours in 2020, of which 97.12% were via retail sales. The electricity sourced by Wallingford Electric is made up of primarily wholesale purchased megawatt hours, with 577,921 megawatt hours purchased by the company. In 2020, they made a total of $63,261,300 from business activities relating to the sale and transfer of electricity. They had 99.24% of their revenue coming from retail sales to end users.

The state average monthly residential power bill is $155.63, while the Wallingford Electric average is 40.61% lower at $107.74 per month. This is the 4th lowest average monthly bill amount for a supplier in Connecticut. The supplier currently does not generate their own electricity. Instead, they must purchase that electricity at wholesale prices and then resell it to end customers. Customers of the supplier deal with 0.17 electrical outages on average each year, with outages lasting around 19.53 minutes on average. The national averages for outages and duration are 1.21 outages at 122.99 minutes each.