Otis Singleton
Cadott, Wisconsin Electric Utility is the electricity supplier for the residents of Cadott, Wisconsin. The company currently does not generate its own electricity and instead purchases it at wholesale prices, reselling it at a higher rate to its 834 customers.
| Characteristics | Values |
|---|---|
| Name | Cadott, Wisconsin Electric Utility |
| Headquarters | Cadott, Wisconsin |
| Customer Base | 834 customers (161 commercial, 672 residential, 1 industrial) |
| Residential Rate | 11.99 cents per kilowatt hour |
| Average Bill | $90.53 per month |
| Highest Average Bill Month | September |
| Highest Rates Month | January |
| Revenue (2019) | $1,490,000 |
| Electricity Generation | No, they purchase wholesale and resell |
| Phone Number | (715) 289-4282 |
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What You'll Learn
Cadott, Wisconsin Electric Utility
The utility company does not generate its own electricity. Instead, it purchases electricity at wholesale prices and resells it at a higher rate to end users. On average, Cadott, Wisconsin Electric Utility's customers pay 11.99 cents per kilowatt-hour, which is 28.16% lower than the average Wisconsin rate of 16.70 cents. The average monthly residential electric bill for a customer of Cadott, Wisconsin Electric Utility is $90.53. The utility's highest residential rates are in January, and the highest average bill is in September.
The total revenue for Cadott, Wisconsin Electric Utility in 2019 was $1,490,000, which was earned exclusively through electricity sales to retail customers. During that year, the company sold and disposed of 12,758 megawatt-hours of electricity, all of which were through sales to end users. To match this demand, the utility company procured the same amount of energy, 12,758 megawatt-hours, by purchasing it on the wholesale market.
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Electricity rates
The electric provider in Cadott, Wisconsin, is Cadott, Wisconsin Electric Utility. This utility company is headquartered in Cadott and serves the local population.
Cadott, Wisconsin Electric Utility does not generate its own electricity. Instead, it purchases electricity at wholesale prices and resells it at a higher rate to end users. The average residential price per kilowatt-hour (kWh) is 11.99 cents, which is 28.16% lower than the average Wisconsin rate of 16.70 cents and lower than the average national rate of 15.61 cents. The average monthly electricity bill for residential customers is $90.53. Residential electric rates are highest in January, and the highest average bill is in September.
The total revenue for Cadott, Wisconsin Electric Utility in 2019 was $1,490,000, which was earned exclusively through electricity sales to retail customers. The company sold 12,758 megawatt-hours, all of which were sold to end users. During the same period, the provider procured 12,758 megawatt-hours via the wholesale market.
Cadott, Wisconsin, also has a municipal utility called Cadott Light & Water Municipal Utility, which can be found on the village's website.
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Average electricity bill
The electric provider in Cadott, Wisconsin, is Cadott Wisconsin Electric Utility, which serves a total of 834 customers, including 161 commercial accounts, 672 residential properties, and one industrial account. The average monthly residential electric bill for a customer of Cadott Wisconsin Electric Utility is $90.53, with the residential rate being 11.99 cents per kilowatt-hour. This is 28.16% lower than the average Wisconsin rate of 16.70 cents.
The average monthly electric bill for residential customers in Wisconsin is about $177 per month, which is calculated by multiplying the average monthly consumption of 1,018 kWh by the average electric rate of 17 ¢/kWh. This is lower than the national average electric bill of $2,787.
Electricity bills are designed to cover all the costs of producing electricity, running and maintaining the electrical grid, and any public benefit funds promoting renewable energy and energy efficiency. These costs are included in both fixed and variable charges. Fixed charges remain the same each month, while variable charges change depending on electricity usage.
To reduce electricity bills, one can use less electricity or install solar panels to reduce the cost of electricity.
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Wholesale electricity
Cadott, Wisconsin Electric Utility is the electricity provider for the population of Cadott, Wisconsin. They do not generate their own electricity and instead purchase it at wholesale prices before reselling it at a higher rate to end users.
The wholesale electricity market is a critical component of the energy sector, powering homes and businesses across the country. It refers to the buying and selling of electricity between generators and resellers. Wholesale electricity markets generally refer to power generators, transmission network operators, and financial markets that set the price for wholesale electricity.
Wholesale energy markets developed following the deregulation and restructuring of utilities and electricity markets in the 1990s. Wholesale energy is a term referring to the bulk purchase and sale of energy products, primarily electricity, but also steam and natural gas. The wholesale electricity market is constantly evolving, with new players and energy supply products entering the space.
There are two main types of wholesale electricity markets: physical electricity markets and financial electricity markets. Physical electricity markets involve the buying and selling of electricity between generators and resellers, while financial electricity markets are comprised of financial institutions, brokerage firms, and traders that set the future price of electricity. These markets allow utilities and customers to purchase electricity in advance at predetermined prices, which helps stabilize market prices and consumer budgets.
The wholesale electricity price reflects the cost of generating electricity and delivering it over the high-voltage transmission system and can fluctuate depending on various factors, such as fuel prices, consumer demand, and transmission constraints. The wholesale market costs are reflected in the end consumer's electricity bill as a cents per kilowatt-hour (kWh) charge.
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Residential properties
Cadott, Wisconsin Electric Utility is the electricity supplier for Cadott, Wisconsin. It serves 834 customers, including 672 residential properties. The company procures electricity via the wholesale market and sells it to end users.
The average residential electricity rate for Cadott, Wisconsin Electric Utility customers is 11.99 cents per kilowatt-hour, which is 28.16% lower than the average rate in Wisconsin. The average monthly bill for residential customers is $90.53. Residential electricity rates are at their highest in January, and the highest average bill is in September.
The Cadott, Wisconsin Electric Utility can be contacted by phone on (715) 289-4282.
Cadott Light & Water Municipal Utility is also listed as a utility provider for the area.
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Frequently asked questions
Cadott, Wisconsin Electric Utility is the electricity provider for the population of Cadott, Wisconsin.
A total of 834 customers receive electricity from the supplier, with 161 commercial accounts, 672 residential properties, and one industrial account.
The average electricity rate is 11.99 cents per kilowatt-hour, which is 28.16% lower than the average rate in Wisconsin.
The average monthly electricity bill is $90.53.
