City of Piqua Utilities

About City of Piqua Utilities

City of Piqua Utilities supplies electricity in Piqua, Ohio and rural areas of Miami County. A total of 13,037 customers (89.00% residential accounts, 10.74% commercial customers and 0.26% industrial customers) receive electricity from the company. City of Piqua Utilities averages 13.71 cents per kilowatt hour charged to their consumers for residential electricity, which is 15.46% less than the state's average rate of 16.22 cents. This ranks the supplier 43rd out of 119 suppliers in the state for best average electricity rate. The company sold 278,430 megawatt hours by way of retail sales in 2023. The electricity sourced by City of Piqua Utilities is made up of multiple sources including megawatt hours they produce and supplementary megawatt hours procured via the wholesale market. Of the electricity sourced these two categories comprise 0.05% and 99.95%, respectively. Their total revenue for 2023 from electricity related activities was $30,392,700, with 99.36% coming from retail sales to end users.

The average residential electric bill for a customer of City of Piqua Utilities is $113.87 per month. The supplier currently does not generate any of the electricity that they sell. Instead, they must purchase that electricity at wholesale prices and then resell it at a higher rate to end users. The company's consumers deal with an average of 0.44 power outages per customer a year. These outages last on average of 21.34 minutes, while the US average is 1.44 outages per customer and 123.49 minutes per outage. Based on megawatt hours generated, City of Piqua Utilities is the 903rd largest out of 3530 electricity companies in the nation.