Cuba Electric Company: Rates and Coverage Area

Cuba Electric Company

Electricity Rates, Plans & Statistics

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About Cuba Electric Company

At the moment the company supplies electricity to residential, commercial and industrial customers, with a total of 12 industrial accounts, 323 commercial customer accounts and 1,503 residential customers on their books. Cuba Electric Company bills their consumers a residential electricity price of 10.92 cents per kilowatt hour on average. Luckily, this is 15.55% less than Missouri's average rate of 12.93 cents, resulting in the supplier ranking 14th lowest for average electricity rate out of 127 suppliers in the state. There were a total of 72,034 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 100.00% of the total electricity sourced. The revenue for the company for 2019 from electricity sales was $6,057,000, with 100.00% coming from retail sales to end users.

The average monthly residential electric bill for a customer of Cuba Electric Company is $116.27. 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.

Cuba Electric Company Net Metering

Cuba Electric Company is one of 102 electric suppliers in the state who offer net metering to their consumers. The purchase of solar panels and alternative electricity sources is often too expensive for private citizens. Net metering allows purchasers of these electricity sources to sell unused wattage back to the grid, making the installation of these alternative sources economically feasible.

Cuba Electric Company Rate & Electric Bills

Cuba Electric Company residential electric rates are highest in August and the highest average bill is in July.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.162/kWh$0.090/kWh$153.24/mo.$73.82/mo.
370th10.92¢Cuba Electric Company's Average residential price per kWh
1062nd$116.27Average monthly electricity bill for Cuba Electric Company's residential customers

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Cuba Electric Company Overview

  • Company Type:Municipal
  • Headquarters:202 North Smith Street
    Cuba, Missouri 65453
    United States of America
  • Director/Superintendent:Bob Bowen

Cuba Electric Company Contact

Cuba Electric Company Service

  • States Served:
    • Missouri
  • Counties Served:
    • Crawford County

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Cuba Electric Company Coverage Map

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Cuba Electric Company State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
Missouri1,8396,503,359.8179100%

Cuba Electric Company County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Crawford County23,204713.39$170.03/mo

Cuba Electric Company Reviews

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Cuba Electric Company FAQ:

What is the average bundled electricity rate for Cuba Electric Company customers?

Cuba Electric Company's current average bundled electricity rate is 10.92 cents per kilowatt hour (¢/kWh), compared to the average state bundled rate of 12.93 cents and the average national rate of 16.15 cents.

What is the phone number for Cuba Electric Company?

You can reach Cuba Electric Company by phone via (573) 885-7432.

What is the average bundled bill for Cuba Electric Company customers each month?

Customers of Cuba Electric Company pay, on average, a monthly bundled bill of $116.27.

Who is the CEO of Cuba Electric Company?

Bob Bowen is the current CEO of Cuba Electric Company.

Matt Hope
Last Reviewed By: Matt Hope
Published: 2024-09-06