Denison Municipal Utilities

About Denison Municipal Utilities

Denison Municipal Utilities is headquartered in Denison, Iowa and it supplies electricity in the residents that call Denison home. A total of 2,733 residential customer accounts, 496 commercial customers and 73 industrial customers purchase their electricity from the provider. The average residential electricity price for Denison Municipal Utilities is about 7.90 cents per kilowatt hour. Fortunately for their consumers, this price is less than both the state and national average prices of 12.64 and 14.11 cents per kilowatt hour, respectively. In 2019 Denison Municipal Utilities sold 95.15% of their disposition to end users (known as retail sales). The electricity they sourced consisted of megawatt hours that they acquired by way of the wholesale electricity market. They purchased 162,883 on the wholesale market. In 2019, the provider made a total of $11,312,400 from business activities relating to the sale and transfer of electricity. They had 92.56% of their revenue coming from retail sales to end users.

The average residential power bill for a customer of Denison Municipal Utilities is $80.81. Based on customer count, Denison Municipal Utilities is the 1703rd largest provider out of 3509 providers in the nation. The supplier produces 688th megawatt hours from non-renewable fuel types each year. This makes them 688th out of 3509 companies in the US. The supplier is not associated with any electricity generation facilities and all of the power that they sell to their consumers must be purchased from other companies.