Riverside Public Utilities

About Riverside Public Utilities

Riverside Public Utilities is a municipally owned organization. The largest city served by Riverside Public Utilities is Riverside, but the company also supplies electricity to 2 cities in the state of California. There are 656 industrial customers, 11,831 commercial customers and 99,825 residential customers who are served by the company. Riverside Public Utilities has an average residential electricity rate of 21.20 cents per kilowatt hour, which is 28.44% lower than the state's average rate of 29.62 cents and 34.51% more than the national average of 15.76 cents. Of the 2,317,573 megawatt hours Riverside Public Utilities sold and dispossessed, 0.03% were from wholesale sales. The electricity they sourced consisted of megawatt hours generated by the company in electricity facilities they own and megawatt hours procured on wholesale channels. They purchased 2,207,374 wholesale megawatt hours. In 2022, the company made a total of $409,732,000 from business activities relating to the sale and transfer of electricity. They had 0.01% of their revenue come from wholesale electricity sales and 86.33% from retail sales to end users.

Patrons of the supplier pay an average residential electricity bill of $126.83. This is 6.29% less than the national average of $135.34. Electricity production plants associated with the company use non-renewable fuels to generate 100.00% of their total electricity production, or 97,009 megawatt hours. This total ranks them at 302nd in the United States out of 3526 providers. The provider is the 30th highest in California out of 64 companies for megawatt hours produced by burning natural gas. The supplier currently does not generate their own electricity. Instead, they must purchase that electricity at wholesale rates from other companies and then resell it to end customers.