Buffalo, Iowa Electric Utility: Rates and Coverage Area

Buffalo, Iowa Electric Utility

Electricity Rates, Plans & Statistics

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About Buffalo, Iowa Electric Utility

Buffalo, Iowa Electric Utility is headquartered in Buffalo, Iowa and it serves the population who live there. The company last disclosed a total of 533 customers, 28 of which are commercial accounts and the rest of which are residential accounts. Buffalo, Iowa Electric Utility bills their consumers a residential electricity price of 15.44 cents per kilowatt hour on average. Regrettably, this is 19.79% more than Iowa's average rate of 12.89 cents, resulting in the supplier ranking 168th lowest for average electricity rate out of 183 suppliers in the state. There were a total of 5,136 megawatt hours sold to retail customers in 2019 by the provider. The electricity sourced by the company is made up primarily of megawatt hours they procured by way of the wholesale electricity market. This category comprises 100.50% of the total electricity sourced. In 2019, the company earned $582,000 from retail electricity sales. Their revenue from all electricity activities was $585,000.

The average monthly residential electric bill for a customer of Buffalo, Iowa Electric Utility is $74.37. The provider currently does not generate their own electricity. Instead, they must purchase that electricity at wholesale prices and then resell it at a higher rate to end users.

Buffalo, Iowa Electric Utility Rate & Electric Bills

Buffalo, Iowa Electric Utility residential electric rates are highest in January and the highest average bill is in May.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.154/kWh$0.114/kWh$89.05/mo.$69.92/mo.
2376th15.44¢Buffalo, Iowa Electric Utility's Average residential price per kWh
190th$74.37Average monthly electricity bill for Buffalo, Iowa Electric Utility's residential customers

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Buffalo, Iowa Electric Utility Overview

  • Company Type:Municipal
  • Headquarters:329 Dodge Street
    Buffalo, Iowa 52728
    United States of America
  • Director/Superintendent:Josh Ferkel

Buffalo, Iowa Electric Utility Contact

Buffalo, Iowa Electric Utility Service

    Energy provider of the year for Iowa, Mid-Sized Provider Category
    Top 3 Lowest Average Residential Monthly Bill
    Iowa, Mid-Sized Provider Category
    Claim Award

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    Buffalo, Iowa Electric Utility Coverage Map

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    Buffalo, Iowa Electric Utility State Coverage

    StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
    Iowa533629,000148100%

    Buffalo, Iowa Electric Utility County Coverage

    CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
    Scott County173,924614.19$137.25/mo

    Buffalo, Iowa Electric Utility Reviews

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    Buffalo, Iowa Electric Utility FAQ:

    What is the average bundled electricity rate for Buffalo, Iowa Electric Utility customers?

    Buffalo, Iowa Electric Utility's current average bundled electricity rate is 15.44 cents per kilowatt hour (¢/kWh), compared to the average state bundled rate of 12.89 cents and the average national rate of 15.64 cents.

    What is the phone number for Buffalo, Iowa Electric Utility?

    You can reach Buffalo, Iowa Electric Utility by phone via (563) 381-2226.

    What is the average bundled bill for Buffalo, Iowa Electric Utility customers each month?

    Customers of Buffalo, Iowa Electric Utility pay, on average, a monthly bundled bill of $74.37.

    Who is the CEO of Buffalo, Iowa Electric Utility?

    Josh Ferkel is the current CEO of Buffalo, Iowa Electric Utility.

    Alex Zdanov
    Last Reviewed By: Alex Zdanov
    Published: 2024-02-05