Dike, Iowa Electric Utility

About Dike, Iowa Electric Utility

Dike, Iowa Electric Utility provides electricity in Grundy County, Iowa. The supplier has 467 residential customer accounts, 49 commercial customers and 4 industrial customers. Dike, Iowa Electric Utility's customers pay an average residential electricity rate of 14.94 cents per kilowatt hour. This is, sadly for their customers, 15.13% above Iowa's average price of 12.97 cents, resulting in the company ranking 122nd out of 183 providers in the state for lowest average electricity rate. In 2019 Dike, Iowa Electric Utility sold 88.32% of their total megawatt hours disposed to end users (known as retail sales). The electricity produced in the company's power plants made up 96 of the megawatt hours sourced by the company. The purchase of wholesale electricity made up an additional 6,084. In 2019 they had total electricity related revenue of $938,100, with 84.30% coming from retail sales.

The average residential power bill for a customer of Dike, Iowa Electric Utility is $105.74. Consumers of the supplier pay 1.05% less compared to the rest of the state. Electricity facilities owned by Dike, Iowa Electric Utility generate 60 megawatt hours, which is the 763rd highest total of all suppliers in the United States. The provider produces 547th megawatt hours from non-renewable fuels each year. This ranks them 547th in the US out of 3530 providers. Dike, Iowa Electric Utility is the 136th largest supplier out of 177 suppliers in the state based on total megawatt hours sold.