Crane, Indiana Electric Utility

About Crane, Indiana Electric Utility

Crane, Indiana Electric Utility is a municipally owned organization providing electricity in Martin County, Indiana. The provider has 4 commercial customer accounts and 100 residential customer accounts spread throughout their service area whom they provide electricity services to. Patrons of Crane, Indiana Electric Utility are charged an average residential electricity rate of 11.48 cents per kilowatt hour, resulting in the company ranking 35th out of 118 suppliers in Indiana and 788th out of 2893 in the country. In 2019 they sold 90.11% of their total megawatt hours disposed by way of normal retail sales to end users. The electricity sourced was made up of megawatt hours that they acquired via the wholesale market. They purchased 981 wholesale megawatt hours. Their total revenue for 2019 was $139,000 and came only from electricity sales to retail customers.

Consumers of the supplier have an average monthly residential power bill of $71.51. This is 42.49% lower than the state average of $127.89. The provider currently does not produce any of the electricity that they sell. Instead, they must purchase that electricity at wholesale prices from other suppliers and then resell it to end consumers.