City of Madison Utilities
Electricity Rates, Plans & Statistics
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About City of Madison Utilities
City of Madison Utilities is headquartered in Madison, Minnesota and it supplies electricity in the citizens that call Madison home. There are 982 customers of the company. About 83.20% of them are residential accounts, 16.29% of them are commercial accounts and 0.51% are industrial accounts. City of Madison Utilities' average residential electricity price per kilowatt hour is 8.09 cents per kilowatt hour. This is 46.41% lower than Minnesota's average rate of 15.09 cents, ranking the company at 2nd best for average electricity rate out of 175 companies in Minnesota. Around 17,250 megawatt hours were sold by the supplier to retail accounts in 2019. During the same timeframe, City of Madison Utilities purchased 18,999 megawatt hours by way of the wholesale market. In 2019, the provider made 96.38% of their revenue from retail electricity sales to end users.
Patrons of the supplier pay an average monthly residential electric bill of $70.89. This is 27.63% below the Minnesota average bill of $107.55. The company currently does not produce any of the electricity that they sell. Instead, they must purchase that electricity at wholesale rates from other companies and then resell it at a higher rate to end users.
Customers of City of Madison Utilities can take advantage of net metering solutions, which is a positive for both parties. Without net metering, solar panel installation is significantly less economically realistic, as citizens have no way to sell extra energy back into the infrastructure system.
City of Madison Utilities Rate & Electric Bills
City of Madison Utilities residential electric rates are highest in January and the highest average bill is in January.
Historical Electricity Rates:
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City of Madison Utilities Overview
- Company Type:Municipal
- Headquarters:404 6th Avenue North
Madison, Minnesota 56256
United States of America - Director/Superintendent:David Johnson
City of Madison Utilities Contact
- Website:www.ci.madison.mn.us
- Customer Service Phone:(320)-598-7373
- Contact Page:www.ci.madison.mn.us
- Social Media:
City of Madison Utilities Service
- Rates & Plans:www.ci.madison.mn.us
- States Served:
- Minnesota
- Counties Served:
- Lac qui Parle County
- Major Cities Served:
- Table Of Contents:
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City of Madison Utilities Coverage Map
City of Madison Utilities State Coverage
| State | Customers | Sales ($) | State Rank Based On Revenue | % of Provider's Residential Sales in State |
|---|---|---|---|---|
| Minnesota | 982 | 1,445,900 | 138 | 100% |
City of Madison Utilities County Coverage
| County | Population | Providers | Avg. County Rate (¢) | Avg. Electric Bill |
|---|---|---|---|---|
| Lac qui Parle County | 6,753 | 3 | 10.97 | $220.23/mo |
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City of Madison Utilities FAQ:
What is the average bundled electricity rate for City of Madison Utilities customers?
The average bundled price of electricity for customers of City of Madison Utilities is 8.09 cents per kilowatt hour (¢/kWh).
How much is the average bundled bill for City of Madison Utilities customers each month?
Customers of City of Madison Utilities pay, on average, a monthly bundled bill of $70.89.
Who is the CEO of City of Madison Utilities?
The CEO of City of Madison Utilities is David Johnson.
What is the phone number for City of Madison Utilities?
The City of Madison Utilities phone number is (320)-598-7373.
