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
Off-Peak Service	Fixed	5¢
Residential- Outside City Limits	Fixed	11¢
Residential Rate	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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