Bancroft Municipal Utilities

About Bancroft Municipal Utilities

Bancroft Municipal Utilities is a municipally owned entity operating in the state of Iowa such as the cities of Algona, Bancroft, Swea City, West Bend, and Burt. Electricity suppliers must regularly report their customer counts to government agencies. Recently the provider reported a total of 613 customers signed up to receive electricity from the company. Exactly 375 of these are residential properties, 151 are commercial customers and 87 are industrial properties. On average, Bancroft Municipal Utilities charges their customers a residential electricity rate of 7.29 cents per kilowatt hour , which is less than both the Iowa and US average prices of 12.69 and 13.26 cents per kilowatt hour, respectively. In 2019 Bancroft Municipal Utilities sold 5,308 megawatt hours through wholesale channels to other providers. During the same timeframe, the provider produced 4,963 megawatt hours from power production facilities owned by the company and obtained 16,850 megawatt hours by way of wholesale electricity channels. In 2019 they had total electricity related revenue of $1,673,000, with 83.38% from retail sales and 16.62% from wholesale electricity sales.

The state average monthly residential power bill is $109.37, while the Bancroft Municipal Utilities average is 19.27% below at $86.64 per month. This is the 45th lowest average monthly bill amount for a provider in Iowa. Electricity generation plants associated with the supplier use non-renewable fuel types to generate 100.00% of their total electricity production, or 4,129.43 megawatt hours. They rank 33rd out of 180 providers in Iowa. Electricity generation facilities owned by or associated with Bancroft Municipal Utilities generate 4,129.43 megawatt hours, which is the 573rd highest amount in the United States out of 3510 providers. Bancroft Municipal Utilities is the 96th largest supplier out of 180 electricity companies in the state based on total megawatt hours sold.

Bancroft Municipal Utilities Net Metering

Fortunately, Bancroft Municipal Utilities offers net metering options to their consumers. Without net metering, solar panel installation is significantly less attractive economically, as citizens have no way to sell excess electricity back to their supplier.

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 Electric Rates:

Price Per kWHAverage Bill$0.073/kWh$0.073/kWh$86.64/mo.$85.05/mo.
120th7.29¢Bancroft Municipal Utilities's Average residential price per kWh
660th$86.64Average monthly electric bill for Bancroft Municipal Utilities's residential customers

Bancroft Municipal Utilities Overview

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

Bancroft Municipal Utilities Contact

Quick Facts About Bancroft Municipal Utilities

Bancroft Municipal Utilities ranks 227th in the country out of 3510 electric companies 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
Iowa6131,370,000113100%

Bancroft Municipal Utilities County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Kossuth County14,8131011.87$121.82/mo

Power Plants Owned by Bancroft Municipal Utilities

Bancroft Municipal Utilities Fuel Makeup

COAL
Coal
Coal
Coal
Coal
Coal
Coal
Coal
Coal
Coal
Coal
100.00%
DISTILLATE FUEL OIL
Distillate Fuel Oil
-0.41%

Cities Bancroft Municipal Utilities Has Coverage

  • Algona, IA
  • Bancroft, IA
  • Burt, IA
  • Fenton, IA
  • Lakota, IA
  • Ledyard, IA
  • Lone Rock, IA
  • Lu Verne, IA
  • Swea City, IA
  • Titonka, IA
  • Wesley, IA
  • West Bend, IA
  • Whittemore, IA

* City coverage generated based on government data. Always verify you can get service from the provider.

Bancroft Municipal Utilities Reviews

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Bancroft Municipal Utilities FAQ:

Who is the CEO of Bancroft Municipal Utilities?

Tim Rowlet is the CEO of Bancroft Municipal Utilities.

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

Bancroft Municipal Utilitiess current average bundled electricity rate is 7.29 cents per kilowatt hour (¢/kWh), compared to the average Iowa bundled rate of 12.69 cents and the average US rate of 13.26 cents.

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

Currently, the average monthly bundled electric bill for customers of Bancroft Municipal Utilities is $86.64. The Iowa average bundled bill is $109.37 and the US average is $109.37.

What is the phone number for Bancroft Municipal Utilities?

The Bancroft Municipal Utilities phone number is (515) 885-2382.

What percentage of Bancroft Municipal Utilities’s electricity is generated using renewable fuel types?

Electric facilities owned by or associated with Bancroft Municipal Utilities generate 0% of their electricity using renewable fuels.

What cities does Bancroft Municipal Utilities sell electricity to?

Bancroft Municipal Utilities serves 13 cities.

What percentage of Bancroft Municipal Utilities’s electricity is generated using nonrenewable fuel types?

Electric plants owned by or associated with Bancroft Municipal Utilities produce 100.00% of their electricity from nonrenewable fuel types.

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

Bancroft Municipal Utilities owns or is associated with 2 power plants.

Last Reviewed By: Matt Hope
Published: 2021-03-16Last Updated: 2022-01-03