East-Central Iowa Rural Electric Cooperative

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About East-Central Iowa Rural Electric Cooperative

East-Central Iowa Rural Electric Cooperative is an electricity cooperative. The largest county serviced by East-Central Iowa Rural Electric Cooperative is Linn County, but the company also provides electricity in 8 counties in the state of Iowa. A total of 8,987 customers (88.33% residential accounts, 11.62% commercial customers and 0.06% industrial accounts) purchase their electricity from the company. The residential electricity rate for customers of East-Central Iowa Rural Electric Cooperative is, on average, 11.31 cents per kilowatt hour, which is 17.50% lower than the national average rate of 13.71 cents. This ranks the company 1078th out of 2923 companies in the nation for lowest average electricity price. The company sold 205,477 megawatt hours through retail sales in 2020. The electricity sourced by the company is made up primarily of megawatt hours they acquired on the wholesale market. Of the total electricity sourced by the company, whole purchased made up 100.00%. In 2020, they made a total of $21,410,000 from business activities relating to the sale and transfer of electricity. They had revenue of $21,385,000 from retail sales to end users.

The average monthly residential electricity bill for a customer of East-Central Iowa Rural Electric Cooperative is $157.19 per month, while the Iowa average is $105.04. Patrons of the supplier pay 43.01% more compared to other residents of Iowa. The supplier 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 consumers.

East-Central Iowa Rural Electric Cooperative Net Metering

Offering net metering to customers is a win-win situation for East-Central Iowa Rural Electric Cooperative and citizens who get their electricity from the company. Net metering makes solar panel purchases more economically feasible as it allows consumers to sell electricity into the grid.

Energy Loss

East-Central Iowa Rural Electric Cooperative loses electricity at a rate of 4.43% of their total production from heat dissipation and other causes. This percentage of loss earns them a rank of 24th best out of 177 companies who report energy loss in the state.

East-Central Iowa Rural Electric Cooperative Rate & Electric Bills

East-Central Iowa Rural Electric Cooperative residential electric rates are highest in January and the highest average bill is in May.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.117/kWh$0.110/kWh$161.63/mo.$157.19/mo.
1078th11.31¢East-Central Iowa Rural Electric Cooperative's Average residential price per kWh
2698th$157.19Average monthly electricity bill for East-Central Iowa Rural Electric Cooperative's residential customers

East-Central Iowa Rural Electric Cooperative Overview

  • Company Type:Cooperative
  • Headquarters:2400 Bing Miller Lane
    Urbana, Iowa 52345
    United States of America
  • CEO:Teresa Floyd

East-Central Iowa Rural Electric Cooperative Contact

East-Central Iowa Rural Electric Cooperative Service

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Energy Loss

East-Central Iowa Rural Electric Cooperative's energy loss due to business operations.

-4.43%

Total Energy Loss

9,540MWh

762 National Rank

East-Central Iowa Rural Electric Cooperative Coverage Map

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East-Central Iowa Rural Electric Cooperative State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
Iowa8,98721,385,00019100%

East-Central Iowa Rural Electric Cooperative County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Benton County25,575512.57$149.20/mo
Black Hawk County131,144410.47$126.30/mo
Buchanan County20,565412.02$152.97/mo
Delaware County17,488512.70$112.39/mo
Fayette County19,509315.05$145.43/mo
Iowa County16,662512.92$131.52/mo
Linn County230,299613.83$117.63/mo
Tama County17,135713.32$149.82/mo

Cities East-Central Iowa Rural Electric Cooperative Has Coverage

* City coverage generated based on government data. Always verify you can get service from the provider.

East-Central Iowa Rural Electric Cooperative Reviews

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East-Central Iowa Rural Electric Cooperative FAQ:

Who is the CEO of East-Central Iowa Rural Electric Cooperative?

East-Central Iowa Rural Electric Cooperative's CEO is Teresa Floyd.

How much is the average bundled bill for East-Central Iowa Rural Electric Cooperative customers each month?

East-Central Iowa Rural Electric Cooperative currently has an average monthly bundled electric bill of $157.19, compared to the Iowa average of $105.04 and the national of $105.04 for bundled service.

How many counties does East-Central Iowa Rural Electric Cooperative offer service in?

There are 8 counties that receive at least some electricity coverage by East-Central Iowa Rural Electric Cooperative including Iowa.

What is the phone number for East-Central Iowa Rural Electric Cooperative?

East-Central Iowa Rural Electric Cooperative's customer service phone number is (319) 443-4343

What cities does East-Central Iowa Rural Electric Cooperative supply electricity in?

East-Central Iowa Rural Electric Cooperative serves 14 cities.

What is the average bundled electricity rate for East-Central Iowa Rural Electric Cooperative customers?

Consumers of East-Central Iowa Rural Electric Cooperative, on average, have an electricity bundled rate 11.31 cents per kilowatt hour (¢/kWh).

Last Reviewed By: Ginalyn Gelera
Published: 2022-08-29