Wells Public Utilities

About Wells Public Utilities

Wells Public Utilities is headquartered in Wells, Minnesota and it serves the population there. They currently supply electricity to residential and commercial customers, with a total of 197 commercial customer accounts and 1,182 residential customer accounts signed on for their services. Wells Public Utilities averages 13.46 cents per kilowatt hour charged to their consumers for residential electricity. This is, fortunately for their customers, 10.82% below the state's average price of 15.09 cents, ranking the company at 115th out of 175 companies in the state for lowest average electricity rate. In 2019 they sold 91.42% of their megawatt hours via normal retail sales to end users. During the same timeframe, Wells Public Utilities purchased 23,034 megawatt hours via the wholesale electricity market. In 2019, the total revenue of Wells Public Utilities was $2,603,000, which was earned exclusively through electricity sales to retail customers.

Customers of the supplier have an average monthly residential power bill of $91.04. This is 31.39% below the nationwide average bill of $132.69. The supplier generates 490th megawatt hours from non-renewable fuel sources each year. This makes them 26th out of 166 companies in the state. Production by the supplier from natural gas totals 167.69 megawatt hours, which is roughly 75.88% of their total production. Generation plants associated with Wells Public Utilities produce a total of 221 megawatt hours, which is the 720th highest total in the nation out of 3517 providers.