Amana Society Service Company

About Amana Society Service Company

The company has 183 commercial customer accounts, 706 residential customers and one industrial account in their service area whom they provide electricity to. On average, Amana Society Service Company charges their consumers a residential electricity rate of 15.17 cents per kilowatt hour, which is 16.93% more than the average state rate of 12.97 cents. There were a total of 70,558 megawatt hours sold to retail customers in 2023 by the company. The electricity they sourced was made up of megawatt hours generated by the company at power plants they own and megawatt hours that they purchased via wholesale channels. They purchased 63,366 wholesale megawatt hours. Amana Society Service Company made $7,859,000 in 2023 from electricity sales to end users alone.

The average monthly residential electricity bill for a consumer of Amana Society Service Company is $129.23 per month. Customers of the company enjoy a 9.87% reduction compared to other residents of the country. Electricity generation facilities owned by the company use non-renewable fuel types to generate 100.00% of their total electricity generation, or 947 megawatt hours. They rank 433rd in the nation out of 3530 providers. Electricity production is not handled in house at the company, as they purchase electricity at wholesale rates and then resell to their end users. Amana Society Service Company ranks as the 63rd highest total electricity generator out of 177 companies in Iowa.