Holland BPW - Holland Board of Public Works

About Holland BPW - Holland Board of Public Works

Holland BPW - Holland Board of Public Works is a municipally owned organization providing electricity in Holland, Michigan and other areas of Ottawa County. At the moment, 29,998 customers receive their electricity from the provider. These customers are a mix of 25,363 residential customers, 4,471 commercial customers and 164 industrial accounts. Holland BPW - Holland Board of Public Works charges their customers a residential electricity rate of 12.00 cents per kilowatt hour on average, which is 23.85% lower than the national average rate of 15.76 cents. This ranks the company 813th out of 2892 companies in the nation for lowest average electricity price. The company sold 1,105,789 megawatt hours through retail sales in 2022. The electricity sourced by the company is made up of multiple sources of megawatt hours including 839,988 megawatt hours produced at power facilities owned by the company and 284,153 purchased on the wholesale market. The supplier earned $96,303,000 in 2022. All of that revenue came from retail sales alone.

The average monthly residential electricity bill for a customer of Holland BPW - Holland Board of Public Works is $68.09 per month, while the Michigan average is $114.46. Patrons of the supplier pay 34.26% less compared to other residents of Michigan. The supplier currently does not generate their own electricity. Instead, they must purchase that electricity at wholesale prices and then resell it at a higher rate to end consumers. The supplier is the 8th highest out of 56 cities in Michigan for megawatt hours generated using natural gas. Electricity production plants owned or managed by the supplier use non-renewable fuel sources to generate 100.00% of their total electricity production, or 900,669 megawatt hours. This amount ranks them at 12th in the state out of 56 companies.