BOULDER CITY – Energy research group Find Energy has announced that Boulder City Utilities is ranked in the lower 25-percent in utility costs nationwide. Boulder City also won the group’s Top 3 Lowest Energy Loss in Nevada award for 2020.
The announcement comes as the City Utility Department releases a White Paper on better understanding Boulder City’s utilities, including solar. “One of the most common questions we get at City Hall is why don’t we get free solar power,” said Keegan Littrell, acting Utilities Director. “This information spells out the federal regulatory hurdles as well as the benefit of having multiple power sources for reliability.”
Based on historical data compiled by Find Energy, Boulder City Utilities is ranked 753rd of 3150 Utility companies nationwide. Boulder City gets most of its power from renewable hydroelectric sources (Hoover Dam and Glen Canyon Dam on Lake Powell) at the average low rate of $30.36 per megawatt hour (mwh). These two sources provide approximately 22 megawatts (MW) of power. The most recent estimate for solar energy (from the Lawrence Berkley National Laboratory) estimates the cost at approximately $50 per mwh in 2020.
The Utility also had a remarkably low average energy loss of only 2.07-percent, which is in the top 3 lowest averages of energy loss in Nevada in 2020. The national average energy loss for electricity providers is 2.76-percent. Find Energy’s research is based on over 1 billion data points from government, not for profit, and private data sources about energy usages, reliability, and emissions.