Holyoke Gas and Electric
Electricity Rates, Plans & Statistics
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About Holyoke Gas and Electric
Holyoke Gas and Electric is a municipally owned entity operating in Holyoke, Massachusetts and rural areas of Hampden County. On average, Holyoke Gas and Electric bills their patrons a residential electricity price of 16.21 cents per kilowatt hour, which is 40.24% less than the average state price of 27.12 cents and 2.84% above the national average of 15.76. They had total sales and disposition of 406,138 megawatt hours in 2022, of which 389,345 megawatt hours were from sales to end users. During the same timeframe, the provider produced 235,408 megawatt hours in facilities owned by the provider and procured 205,039 megawatt hours through the wholesale electricity market. Their revenue in 2022 from electricity related activities was $55,427,000, with 90.21% coming from retail sales to end users.
The US average monthly residential power bill is $135.34, while the Holyoke Gas and Electric average is 29.41% below at $95.54 per month. The company 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 customers. The provider is the largest generator of hydroelectric power out of 72 companies in Massachusetts, with total production reaching 201,460 megawatt hours within the previous year. By total customers, Holyoke Gas and Electric is the 10th largest supplier out of 72 suppliers in the state.
Net metering is accessible to customers of Holyoke Gas and Electric. Installation of solar panels and other electricity sources is often too expensive for residents. Net metering allows purchasers of these electricity sources to sell unused electricity back to the provider, making the installation of these alternative sources financially possible.
Holyoke Gas and Electric recently reported an annual loss of about 3.29% of the electricity that they produce. Loss of electricity due to heat dissipation during electricity transmission and other causes is part of operating in the electricity production industry and companies must report these losses to government agencies who track electricity infrastructure efficiencies. The state average for energy loss is 2.20% and the United States average is 2.87%. This gives Holyoke Gas and Electric a ranking of 5th best out of 72 electricity suppliers in the state and 434th best out of 3526 suppliers in the US.
Holyoke Gas and Electric Rate & Electric Bills
Holyoke Gas and Electric residential electric rates are highest in April and the highest average bill is in July.
Historical Electricity Rates:
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Holyoke Gas and Electric Overview
- Company Type:Municipal
- Headquarters:99 Suffolk Street
Holyoke, Massachusetts 01040
United States of America - Director/Superintendent:James M. Lavelle
Holyoke Gas and Electric Contact
- Website:www.hged.com
- Customer Service Phone:(413) 536-9300
- Contact Page:www.hged.com
Holyoke Gas and Electric Service
- Rates & Plans:www.hged.com
- Outage Map:www.hged.com
- Outage Phone:(413) 536-9300
- States Served:
- Massachusetts
- Counties Served:
- Hampden County
- Major Cities Served:
Quick Facts About Holyoke Gas and Electric
Holyoke Gas and Electric is ranked 326th in the United States for electricity production, producing 201,460 megawatt hours.
Holyoke Gas and Electric produces 100.00% of their electricity from sustainable fuel sources, which ranks them 5th in Massachusetts out of the 72 providers we track.
Energy Loss
Holyoke Gas and Electric's energy loss due to business operations.
Total Energy Loss
13,372MWh
434 National Rank
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Holyoke Gas and Electric Coverage Map
Holyoke Gas and Electric State Coverage
| State | Customers | Sales ($) | State Rank Based On Revenue | % of Provider's Residential Sales in State |
|---|---|---|---|---|
| Massachusetts | 17,933 | 55,143,000 | 9 | 100% |
Holyoke Gas and Electric County Coverage
| County | Population | Providers | Avg. County Rate (¢) | Avg. Electric Bill |
|---|---|---|---|---|
| Hampden County | 461,041 | 40 | 36.10 | $185.41/mo |
Holyoke Gas and Electric Reviews
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Holyoke Gas and Electric FAQ:
What percentage of Holyoke Gas and Electric's electricity is generated from nonrenewable fuel types?
Holyoke Gas and Electric produces 0% of their electricity using nonrenewable fuel types.
Who is the CEO of Holyoke Gas and Electric?
Holyoke Gas and Electric's CEO is James M. Lavelle.
How much is the average bundled bill for Holyoke Gas and Electric customers each month?
Currently, the average monthly bundled electric bill for customers of Holyoke Gas and Electric is $95.54. The Massachusetts average bundled bill is $148.34 and the United States average is $148.34.
What is the phone number for Holyoke Gas and Electric?
You can reach Holyoke Gas and Electric by phone via (413) 536-9300.
What percentage of Holyoke Gas and Electric's electricity is generated using renewable fuels?
Holyoke Gas and Electric produces 100.00% of their electricity using renewable fuel types.
What is the average bundled electricity rate for Holyoke Gas and Electric customers?
The average bundled rate of electricity for consumers of Holyoke Gas and Electric is 16.21 cents per kilowatt hour (¢/kWh).
