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 200 commercial customer accounts and 1,218 residential customer accounts signed on for their services. Wells Public Utilities averages 16.24 cents per kilowatt hour charged to their consumers for residential electricity. This is, unfortunately for their customers, 2.41% above the state's average price of 15.86 cents, ranking the company at 136th out of 174 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 $108.18. This is 24.55% below the nationwide average bill of $143.38. The supplier generates 509th megawatt hours from non-renewable fuel sources each year. This makes them 26th out of 163 companies in the state. Production by the supplier from natural gas totals 80.27 megawatt hours, which is roughly 62.71% of their total production. Wells Public Utilities generates 128 megawatt hours from their generation facilities, which ranks them as the 74th highest generator of electricity of all 163 providers in Minnesota.