Otis Singleton
Fairport Electric is a municipally owned power company in Fairport, New York. It is one of 47 municipal power companies in the state and has been serving the village and Perinton for over a hundred years. Fairport Electric's rates are typically one-third less than that of other utilities in the region because electricity comes from hydropower and its nonprofit status.
| Characteristics | Values |
|---|---|
| Location | Fairport, Monroe County, New York |
| Type | Municipally owned power company |
| Number of Customers | More than 17,000 |
| Average Monthly Bill | $77.84 |
| Average Residential Electricity Rate | 5.95 cents per kilowatt-hour |
| Outages | 0.3 outages per year, lasting 14.799–14.8 minutes on average |
| Operations Oversight | Five-person Commission of local residents |
| Power Sources | Hydropower from NYPA, wholesale electricity market, and NYMPA |
| Sales (2023) | 414,515 megawatt hours to end users |
| Revenue (2023) | $21,938,000 from retail sales to end users |
| Base Rate (June 2022) | $.04083/kilowatt hour for residential customers |
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What You'll Learn
- Fairport Electric is owned and operated by the Village of Fairport, New York
- It is one of 47 municipally-owned power companies in New York state
- Fairport Electric provides power to over 17,000 customers in the Village and Perinton
- Power rates are about 1/3 cheaper than those charged by nearby utilities
- Fairport Electric is funded entirely by customer rates, not village taxes
Fairport Electric is owned and operated by the Village of Fairport, New York
Fairport Electric is a municipally-owned power company that provides electricity to over 17,000 customers in Monroe County, New York. It is one of 47 municipal power companies in New York and is owned and operated by the Village of Fairport, New York. Fairport Electric is a non-profit enterprise, and its operations are overseen by an appointed five-person Commission of local residents.
The Village of Fairport is one of only 43 municipalities in the state with a Municipal Electric Department/Commission and a contract that allows it to purchase hydropower, the cheapest power available. Fairport Electric has a contract with the New York Power Authority (NYPA) for 77.6 megawatts of hydropower, which is generated at the Robert Moses Generating Facility at Niagara Falls. As a condition of generating power using the waters of the Niagara River, NYPA must sell a portion of its generation at a low, preference price. This allows Fairport Electric to resell that power to its customers at a below-market price, about one-third less than the rate charged by nearby utilities.
When customers' electricity usage exceeds the hydropower limit, Fairport Electric must purchase incremental power, which is much more expensive. In some high electric usage months, 30% of Fairport Electric's purchases are incremental power, and customers pay for this through the Purchased Power Adjustment factor on their bills. Fairport Electric also has a contract with the New York Municipal Power Agency (NYMPA) for additional power requirements.
Fairport Electric's rates are set using two factors: the base rate and the Purchased Power Adjustment factor. The base rate for residential customers is $0.04083 per kilowatt-hour for the first 1,000 kilowatt-hours used monthly. Fairport Electric's average residential rate is 5.95 cents per kilowatt-hour, which is below the New York and United States average prices. Customers of Fairport Electric experience fewer outages than the national average, with an average of 0.3 outages per year, lasting around 14.8 minutes.
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It is one of 47 municipally-owned power companies in New York state
Fairport Electric is a municipally-owned power company serving the Village of Fairport, New York. It is one of 47 municipally-owned power companies in New York State and one of over 2,000 such utilities in the nation. Fairport Electric is owned by the Village of Fairport and operates as an enterprise fund, funded entirely by customer rates. The company does not generate any of the electricity it sells but instead purchases it at wholesale prices and resells it to its customers.
Fairport Electric's operations are overseen by a five-person Commission of local residents, appointed by the Fairport Municipal Commission and regulated by the Public Service Commission. The Commission continuously monitors the calculations and collection of charges. The company currently has two power contracts: one with the New York Power Authority (NYPA) for 77.6 megawatts of hydropower, and another with the New York Municipal Power Agency (NYMPA) for additional power requirements.
As a municipally-owned utility, Fairport Electric is a non-profit enterprise, and its rates are typically one-third less than those of other utilities in the region. Its electricity comes from the availability of hydropower, which is generated at the Robert Moses Generating Facility at Niagara Falls, owned and operated by the NYPA. As a condition of generating power using the waters of the Niagara River, the NYPA must sell a portion of its generation to municipal and investor-owned utilities at a low, preference price. Fairport Electric can then resell this power to its customers at a below-market price.
The benefits of public power include lower rates and more efficient service than is usually provided by private companies. Local control ensures that the utility works in concert with the community to achieve long-term goals, and these benefits also attract significant business and industrial development. Fairport Electric's customers have access to reliable and affordable power, with an average monthly residential power bill of $77.84, which is significantly lower than the state and national averages.
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Fairport Electric provides power to over 17,000 customers in the Village and Perinton
Fairport Electric is a municipally-owned power company that provides electricity to more than 17,000 customers in the Village and Perinton in Monroe County, New York. It is one of 47 municipally-owned power companies in the state and one of 2,000 such companies in the US. Fairport Electric is owned by the village of Fairport, which acts as its sole stockholder. The company's operations are overseen by a Fairport Municipal Commission, a five-person commission of local residents appointed by the Village Board.
The Municipal Commission was formed on March 12, 1901, to oversee the village's water and electricity systems. In 1901, Fairport officials constructed a municipal electric plant and began generating electricity. By 1905, the village had sixty streetlights and 194 customers. Today, Fairport Electric's rates are typically one-third less than those of other utilities in the region. This is due to a combination of hydropower and Fairport Electric's not-for-profit status, small size, and efficient management.
Hydropower is generated at the Robert Moses Generating Facility at Niagara Falls, owned and operated by the New York Power Authority (NYPA). As a condition of generating power using the waters of the Niagara River, NYPA must sell a portion of its generation at a low, preferential price to municipal and investor-owned utilities. Fairport Electric, as a non-profit enterprise, can then resell this power to its customers at a below-market price. The company has a contract with NYPA for 77.6 megawatts of hydropower per month, which expires in 2040.
When Fairport Electric's customers exceed this limit, the company must purchase incremental power, which is currently done ten months of the year. This incremental power is much more expensive than hydropower and can account for up to 60% of the total power bill. Fairport Electric also has a contract with the New York Municipal Power Agency (NYMPA) for additional power needs. NYMPA is a joint action agency of 34 municipal members with similar electric systems.
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Power rates are about 1/3 cheaper than those charged by nearby utilities
Fairport Electric is a municipally-owned power company that serves over 17,000 customers in the Village of Fairport and Perinton, New York. It is one of 47 municipally-owned power companies in the state and one of 2,000 such companies in the nation. Fairport Electric's rates are about 1/3 cheaper than those charged by nearby utilities due to a combination of hydropower access and its not-for-profit status.
The Village of Fairport is one of only 43 municipalities in New York with a contract to purchase hydropower, the cheapest power available. This power is generated at the Robert Moses Generating Facility at Niagara Falls, owned and operated by the New York Power Authority (NYPA). As a condition of generating power using the waters of the Niagara River, NYPA must sell a portion of its generation to municipal and investor-owned utilities at a low, preference price. Fairport Electric, as a non-profit enterprise, can then resell this power to its customers at a below-market price.
In addition to hydropower, Fairport Electric also purchases incremental power from the New York Municipal Power Agency (NYMPA) when its customers' usage exceeds the hydropower allotment. This incremental power is much more expensive and can make up a significant portion of Fairport Electric's total power bill during high-usage months. However, the base rate for residential customers is only $0.04083/kilowatt-hour for the first 1,000 kWh used monthly. The average monthly residential power bill for Fairport Electric customers is $77.84, which is significantly lower than the state and national averages of $141.69.
The low rates offered by Fairport Electric are a benefit of public power, which tends to provide lower rates and more efficient service than private utilities. Public power is locally owned and operated by the citizens of the community it serves and is not focused on profit. Fairport Electric is overseen by an appointed five-person Commission of local residents, ensuring that the utility works in the best interests of the community.
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Fairport Electric is funded entirely by customer rates, not village taxes
Fairport Electric is a municipally-owned power company in Fairport, New York, that provides electricity to over 17,000 customers in the Village and Perinton. It is one of 47 municipally-owned power companies in New York and is overseen by the Fairport Municipal Commission, a group of local residents.
Fairport Electric is funded entirely by customer rates and receives no funding from village taxes. As a not-for-profit enterprise, it is able to offer rates that are typically one-third less than those of other utilities in the region. This is due in part to its access to low-cost hydropower from the New York Power Authority (NYPA).
The NYPA is required to sell a portion of its hydropower generation, generated at the Robert Moses Generating Facility at Niagara Falls, to municipal and investor-owned utilities at a low, preference price. Fairport Electric has a contract with the NYPA for 77.6 megawatts of hydropower per month, which is set to expire in 2040. When customer usage exceeds this amount, Fairport Electric must purchase incremental power, which is much more expensive, from the New York Municipal Power Agency (NYMPA).
The Village of Fairport is one of only 43 municipalities in the state with a contract that allows it to purchase hydropower, the cheapest power available. Fairport Electric's customers' bills are computed using two factors: the base rate, which varies for residential, commercial, and industrial customers, and the Purchased Power Adjustment factor, which reflects the cost of any supplemental power purchased.
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Frequently asked questions
Fairport Electric is a municipally-owned organisation that provides electricity to Monroe County, New York. It is one of 47 municipally-owned power companies in New York.
Fairport Electric purchases electricity at wholesale prices and resells it to end users. It has two power contracts, one with the New York Power Authority (NYPA) for 77.6 megawatts of hydropower, and another with the New York Municipal Power Agency (NYMPA).
Fairport Electric's rates are typically one-third less than that of other utilities in the region. This is because it sources electricity from hydropower, has a non-profit status, and is well-managed.
