Woodsfield, Ohio Electric Utility

About Woodsfield, Ohio Electric Utility

Woodsfield, Ohio Electric Utility is a municipally owned organization operating in Woodsfield, Ohio. Currently, 1,566 consumers receive their electricity from the provider. These customers are a mix of 1,526 residential customers and 40 commercial customer accounts. The average residential electricity price for patrons of Woodsfield, Ohio Electric Utility is about 10.84 cents per kilowatt hour. Thankfully for their consumers, this price is below both the Ohio and United States average prices of 15.21 and 15.61 cents per kilowatt hour, respectively. They had sales of 22,428 megawatt hours in 2019 sold to end users. The purchase of wholesale electricity made up 100.00% of the electricity sourced by the company. They earned $2,802,600 in total revenue in 2019, which all came from retail electricity sales.

The average residential electricity bill for a customer of Woodsfield, Ohio Electric Utility is $56.06 per month, while the state average is $124.79. Customers of the company pay a 51.57% markdown compared to other residents of Ohio. Woodsfield, Ohio Electric Utility ranks as the 64th highest total electricity producer in the state out of 166 companies. Electricity generation facilities owned or managed by the provider use non-renewable fuels to generate 100.00% of their total electricity production, or 112 megawatt hours. They rank 45th in the state out of 166 providers. The company currently does not generate any of the electricity that they sell. Instead, they must purchase that electricity at wholesale prices and then resell it at a higher rate to end customers.