Williamstown Electric

About Williamstown Electric

Williamstown Electric is a municipally owned organization with headquarters in Williamstown, Kentucky and supplying power to customers in Williamstown,Kentucky. The supplier recently reported a total of 1,551 total customers, 79.24% of which are residential accounts, 19.34% are commercial customer accounts and 1.42% are industrial customers. Williamstown Electric's patrons are billed an average residential electricity rate of 14.24 cents per kilowatt hour. While this is more than the state average rate of 12.91 cents per kilowatt hour, it is less than the nationwide average of 16.22 cents. In 2019 Williamstown Electric sold 100.00% of their total megawatt hours disposed by way of normal retail sales to end users. Of the megawatt hours they sourced, 39,104 megawatt hours were procured on the wholesale electricity market. They earned $3,491,000 in total revenue for 2019, which all came from retail electricity sales.

Patrons of the provider have an average monthly residential electricity bill of $152.34. This is 8.33% higher than the Kentucky average bill of $140.39. Electricity production is not part of the Williamstown Electric business plan, as they purchase power at wholesale rates to then be resold to their customers.