Bloomfield Electric

About Bloomfield Electric

Bloomfield Electric supplies electricity in Davis County, Iowa. A total of 1,217 residential accounts, 245 commercial customers and 5 industrial accounts are provided electricity by the company. Bloomfield Electric's customers are billed an average residential electricity price of 15.48 cents per kilowatt hour, which is 19.34% above the average Iowa price of 12.97 cents. Of the 28,533 megawatt hours the provider sold and dispossessed, 25,952 were from sales to end users. The electricity they sourced consisted of megawatt hours produced by the company at power plants they own and additional megawatt hours that they procured by way of the wholesale market. They purchased 28,389 wholesale megawatt hours. Their total revenue for 2018 from electricity activities was $3,351,500, with 87.75% coming from retail sales to end users.

The Iowa average monthly residential electricity bill is $107.24, while the Bloomfield Electric average is 9.67% more at $121.1 per month. Bloomfield Electric is the 115th ranked company in the state for average monthly bill total. The supplier currently does not produce any of the electricity that they sell. Instead, they must purchase that electricity at wholesale rates from other providers and then resell it to end consumers. Bloomfield Electric generates 16 megawatt hours from their production facilities, ranking them as the 836th largest producer of electricity of all 3530 suppliers in the US. Based on customer count, Bloomfield Electric is the 2141st largest supplier out of 3530 suppliers in the United States.