Eastern Iowa Light & Power

About Eastern Iowa Light & Power

Eastern Iowa Light & Power provides electricity to 8 counties in the state including counties like Scott County, Johnson County, Clinton County, Muscatine County, and Des Moines County. The company is an electric cooperative. On average, Eastern Iowa Light & Power's consumers purchase residential electricity for 13.76 cents per kilowatt hour. This is, unfortunately for their consumers, 5.98% above the state's average rate of 12.98 cents, resulting in the provider ranking 128th lowest for average electricity price out of 183 suppliers in the state. The company sold 25,376 megawatt hours through wholesale channels to other electricity providers in 2022. During the same timeframe, the supplier procured 618,946 megawatt hours via wholesale electricity channels. In 2022, the supplier earned 97.34% of their revenue from retail electricity sales to end users and 2.28% from sales via wholesale channels. Their revenue from electricity related activities was $65,009,400.

The state average monthly residential electric bill is $105.52, while the Eastern Iowa Light & Power average is 35.26% more at $153.95 per month. Eastern Iowa Light & Power is the 154th ranked provider in the state for average monthly bill amount. The power grid owned by the provider has an average of 1.01 outages per consumer per year, with outages lasting roughly 79.8 minutes. The US average for other companies is 1.45 outages per consumer and 171.11 minutes each outage. The company currently does not generate any of the electricity that they sell. Instead, they must purchase that electricity at wholesale rates from other suppliers and then resell it to end consumers.