New Martinsville, West Virginia Electric Utility

About New Martinsville, West Virginia Electric Utility

New Martinsville, West Virginia Electric Utility provides electricity in Wetzel County, West Virginia. The supplier recently disclosed a total of 1,406 residential customer accounts and 435 commercial customers. This is the whole of their customer base. The average residential electricity price for New Martinsville, West Virginia Electric Utility is approximately 14.43 cents per kilowatt hour. While this is higher than the state average rate of 14.31 cents per kilowatt hour, it is lower than the United States average of 15.76 cents. There were a total of 30,585 megawatt hours sold via retail sales in 2019 by the provider. The megawatt hours sourced by the provider primarily came from megawatt hours that they acquired on the wholesale market. They purchased 35,946 on the wholesale market. The provider made a total of $4,490,000 in 2019 through electricity sales to retail consumers.

The United States average monthly residential electricity bill is $135.34, while the New Martinsville, West Virginia Electric Utility average is 33.69% below at $89.75 per month. This is the 548th lowest average monthly bill amount for a provider in the nation. The provider currently does not generate any of the electricity that they sell. Instead, they must purchase that electricity at wholesale prices from other providers and then resell it to end consumers.