Osage Municipal Utilities

About Osage Municipal Utilities

Osage Municipal Utilities is a municipally owned entity providing electricity in Mitchell County, Iowa. At the moment, 2,153 consumers receive their electricity from the supplier. These customers are a mix of 6 industrial customers, 495 commercial customers and 1,652 residential customers. Consumers of Osage Municipal Utilities are charged an average residential electricity price of 13.01 cents per kilowatt hour, which is 0.07% below the average state rate of 13.01 cents and 17.34% less than the national average of 15.73. Of the 57,249 megawatt hours Osage Municipal Utilities sold and dispossessed, 95.68% were via retail sales. The electricity sourced by Osage Municipal Utilities is made up of multiple sources including megawatt hours they produce and additional megawatt hours purchased by way of the wholesale electricity market. These categories comprise 9.03% and 90.97%, respectively, of the total electricity sourced. In 2019, the provider made a total of $5,233,600 from business activities relating to the sale and transfer of electricity. They had revenue of $4,948,800 from retail sales to end users.

The nationwide average monthly residential electric bill is $135.39, while the Osage Municipal Utilities average is 38.29% less at $83.55 per month. Solar fields owned or operated by the company produce 1,012 megawatt hours, which is 18.72% of their total production capacity. Generation plants owned by Osage Municipal Utilities generate 5,406 megawatt hours, which is the 540th highest amount of all companies in the country. Electricity generation from sustainable fuel sources by the company totals 5,483 megawatt hours, ranking the provider 29th in Iowa out of the 178 suppliers we track.