City of Wells Electricity Rates

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City of Wells Energy Sources

City of Wells's energy comes from natural gas, and oil. Natural Gas is the largest source of electricity, providing 62% of City of Wells's energy. Oil is the second largest source, making up 38%.

62%

Natural Gas

38%

Oil

City of Wells Rates

City of Wells has several different electricity rates for residential customers, as shown in the table below.

Rate Name	Rate Type	Cost Per kWh
Residential Rate	Fixed	11¢
Off-Peak Service	Fixed	5¢
Residential- Outside City Limits	Fixed	11¢

Netmetering

Systems under 40 kW: Reconciled monthly; customer may opt to receive payment or credit on next bill at the retail utility energy rate For systems 40 kW -1 MW, NEG is credited at the avoided cost rate, or customers may elect to be compensated in the form of a kWh credit. Excess credit will be reimbursed at the end of the calendar year at the avoided cost rate.

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