Boone Valley Electric Cooperative: Rates and Coverage Area

Boone Valley Electric Cooperative

Electricity Rates, Plans & Statistics

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About Boone Valley Electric Cooperative

Electricity companies must regularly report their customer counts to government agencies. In the most recent report the company listed a total of 85 residential customers and one commercial customer receiving their services, which makes up the whole of their customers. Boone Valley Electric Cooperative has an average residential electricity price of 9.43 cents per kilowatt hour, which is 40.09% lower than the nationwide average rate of 15.73 cents. There were a total of 10,146 megawatt hours sold via retail sales in 2019 by the provider. The purchase of wholesale electricity made up 102.46% of the electricity sourced by the company. They made $935,000 in 2019, all of which came from sales to retail customers.

The average residential electricity bill for a consumer of Boone Valley Electric Cooperative is $426.41 per month, while the state average is $105.36. Consumers of the supplier have a 237.13% markup compared to the rest of the state. Electricity production is not part of the Boone Valley Electric Cooperative business plan, as they purchase electricity at wholesale rates from other companies and then resell to their customers.

Boone Valley Electric Cooperative Rate & Electric Bills

Boone Valley Electric Cooperative residential electric rates are highest in July and the highest average bill is in July.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.110/kWh$0.077/kWh$635.71/mo.$318.43/mo.
192nd9.43¢Boone Valley Electric Cooperative's Average residential price per kWh
2961st$426.41Average monthly electricity bill for Boone Valley Electric Cooperative's residential customers

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Boone Valley Electric Cooperative Overview

  • Company Type:Cooperative
  • Headquarters:P.O. Box 71
    Renwick, Iowa 50577
    United States of America
  • CEO:Curtis Meinke

Boone Valley Electric Cooperative Contact

  • Customer Service Phone:(515) 825-3998

Boone Valley Electric Cooperative Service

    • States Served:
      • Iowa
    • Counties Served:
      • Wright County

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    Boone Valley Electric Cooperative Coverage Map

    Coverage Map Placeholder

    Boone Valley Electric Cooperative State Coverage

    StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
    Iowa86783,172.07131100%

    Boone Valley Electric Cooperative County Coverage

    CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
    Wright County12,978513.18$193.12/mo

    Boone Valley Electric Cooperative Reviews

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    Boone Valley Electric Cooperative FAQ:

    What is the phone number for Boone Valley Electric Cooperative?

    The Boone Valley Electric Cooperative phone number is (515) 825-3998.

    Who is the CEO of Boone Valley Electric Cooperative?

    Curtis Meinke is the CEO of Boone Valley Electric Cooperative.

    What is the average bundled electricity rate for Boone Valley Electric Cooperative customers?

    Consumers of Boone Valley Electric Cooperative, on average, have an electricity bundled rate 9.43 cents per kilowatt hour (¢/kWh).

    What is the average bundled bill for Boone Valley Electric Cooperative customers each month?

    Currently, the average monthly bundled electric bill for customers of Boone Valley Electric Cooperative is $426.41. The state average bundled bill is $105.36 and the United States average is $105.36.

    Nick Reese
    Last Reviewed By: Nick Reese
    Published: 2022-08-01