Bancroft Municipal Utilities

Electricity Rates, Plans & Statistics

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About Bancroft Municipal Utilities

Bancroft Municipal Utilities is headquartered in Bancroft, Iowa and it supplies electricity in the citizens there. A total of 613 customers (87 industrial customers, 151 commercial customers and 375 residential properties) are provided electricity by the company. On average, Bancroft Municipal Utilities bills their consumers a residential electricity rate of 7.29 cents per kilowatt hour , which is lower than both the state and the national average prices of 12.64 and 14.11 cents per kilowatt hour, respectively. There were a total of 16,505 megawatt hours sold through retail sales in 2019 by the supplier. The electricity generated in the company's power plants made up 4,963 of the megawatt hours sourced by the company and the purchase of wholesale electricity made up an additional 16,850 megawatt hours. In 2019, they made a total of $1,673,000 from business activities relating to the sale and transfer of electricity. They had revenue of $1,395,000 coming from retail sales to end users and $278,000 from sales to the wholesale market.

The nationwide average monthly residential electric bill is $125.95, while the Bancroft Municipal Utilities average is 31.21% below at $86.64 per month. This is the 597th lowest average monthly bill amount for a supplier in the nation. Production plants owned or managed by Bancroft Municipal Utilities produce 4,286.16 megawatt hours, which is the 564th highest amount of any provider in the United States. By customer count, Bancroft Municipal Utilities is the 119th largest supplier out of 177 suppliers in the state. The company produces 396th megawatt hours from non-renewable fuel sources each year, ranking them 32nd in the state out of 177 companies.

Bancroft Municipal Utilities Net Metering

Customers of Bancroft Municipal Utilities have the ability to participate in net metering. This is a positive for any customer potentially purchasing personal solar panels, as net metering allows them to sell their extra wattage back to the provider.

Bancroft Municipal Utilities Rate & Electric Bills

Bancroft Municipal Utilities residential electric rates are highest in January and the highest average bill is in February.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.073/kWh$0.073/kWh$86.64/mo.$85.05/mo.
96th7.29¢Bancroft Municipal Utilities' Average residential price per kWh
597th$86.64Average monthly electricity bill for Bancroft Municipal Utilities' residential customers

Bancroft Municipal Utilities Overview

  • Company Type:Municipal
  • Headquarters:105 East Ramsey Street
    Bancroft, Iowa 50517
    United States of America
  • Director/Superintendent:Tim Rowlet

Bancroft Municipal Utilities Contact

Bancroft Municipal Utilities Service

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Quick Facts About Bancroft Municipal Utilities

Bancroft Municipal Utilities is 223rd out of 3509 providers in the United States in megawatt hours generated from coal use.

Energy provider of the year for Iowa, Major Provider Category
Lowest Residential Electricity Rate
Iowa, Major Provider Category
Claim Award

Bancroft Municipal Utilities Energy Makeup

Bancroft Municipal Utilities Coverage Map

Coverage Map Placeholder

Bancroft Municipal Utilities State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
Iowa6131,370,000112100%

Bancroft Municipal Utilities County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Kossuth County14,828913.32$165.78/mo

Power Plants Owned by Bancroft Municipal Utilities

Bancroft Municipal Utilities Fuel Makeup

COAL
Coal
Coal
Coal
Coal
Coal
Coal
Coal
Coal
Coal
Coal
98.95%
DISTILLATE FUEL OIL
Distillate Fuel Oil
1.05%

Bancroft Municipal Utilities Reviews

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Bancroft Municipal Utilities FAQ:

What is the phone number for Bancroft Municipal Utilities?

You can reach Bancroft Municipal Utilities by phone via (515) 885-2382.

Who is the CEO of Bancroft Municipal Utilities?

The CEO of Bancroft Municipal Utilities is Tim Rowlet.

How much is the average bundled bill for Bancroft Municipal Utilities customers each month?

Consumers of Bancroft Municipal Utilities pay, on average, a monthly bundled bill of $86.64.

What is the average bundled electricity rate for Bancroft Municipal Utilities customers?

Consumers of Bancroft Municipal Utilities, on average, have an electricity bundled rate 7.29 cents per kilowatt hour (¢/kWh).

How many power plants are owned by or associated with Bancroft Municipal Utilities?

There are 2 power plants associated with or owned by Bancroft Municipal Utilities.

What percentage of Bancroft Municipal Utilities' electricity is generated from nonrenewable fuels?

Bancroft Municipal Utilities produces 100.00% of their electricity using nonrenewable fuels.

What percentage of Bancroft Municipal Utilities' electricity is generated using renewable fuels?

Bancroft Municipal Utilities produces 0% of their electricity from renewable fuels.

Last Reviewed By: Matt Hope
Published: 2022-08-01