Eastern Iowa Light & Power: Rates and Coverage Area

Eastern Iowa Light & Power

Electricity Rates, Plans & Statistics

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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. There are 23,968 customer accounts receiving electricity from the supplier. These customer accounts are made up of 0.07% industrial customers, 12.50% commercial properties and 87.43% residential customers. Customers of Eastern Iowa Light & Power spend, on average, 13.37 cents per kilowatt hour for their electricity, which is 5.06% higher than the average Iowa price of 12.73 cents and 14.21% lower than the nationwide average of 15.59. About 575,077 megawatt hours were sold by the company to retail end users in 2022 and 25,376 megawatt hours were sold to other providers through whole channels. The electricity sourced by Eastern Iowa Light & Power is made up primarily of megawatt hours they purchased by way of the wholesale market. This category makes up 100.00% of the total electricity sourced by the company. In 2022, the supplier earned 97.34% of their revenue from retail electricity sales and 2.28%from wholesale customers. Their total revenue from all electricity related activities was $65,009,400.

The state average monthly residential electric bill is $107.72, while the Eastern Iowa Light & Power average is 39.43% more at $160.24 per month. Eastern Iowa Light & Power is the 154th ranked provider in the state for average monthly bill amount. The provider currently does not produce their own electricity. Instead, they must purchase that electricity at wholesale prices from other companies and then resell it to end users.

Eastern Iowa Light & Power Net Metering

Offering net metering to consumers is a win-win situation for Eastern Iowa Light & Power and any citizens who get their electricity from the company. This is a positive for any consumer considering installing solar panels, as net metering allows them to sell their unused wattage back to the electricity supplier.

Energy Loss

Loss of energy due to heat dissipation during electricity transmission and other causes is a reality of operating in the electricity generation business. Electricity companies must report these losses. Eastern Iowa Light & Power recently reported an annual loss of around 2.81% of the electricity that they transmit. This percentage of loss gives them a ranking of 336th best out of 3517 companies who report energy loss in the US.

Eastern Iowa Light & Power Rate & Electric Bills

Eastern Iowa Light & Power residential electric rates are highest in January and the highest average bill is in April.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.134/kWh$0.123/kWh$160.24/mo.$142.71/mo.
1665th13.37¢Eastern Iowa Light & Power's Average residential price per kWh
2479th$160.24Average monthly electricity bill for Eastern Iowa Light & Power's residential customers

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Eastern Iowa Light & Power Overview

  • Company Type:Cooperative
  • Headquarters:1705 West 3rd Street
    Wilton, Iowa 52778
    United States of America
  • CEO:Kirk Trede

Eastern Iowa Light & Power Contact

Eastern Iowa Light & Power Service

Energy Loss

Eastern Iowa Light & Power's energy loss due to business operations.

-2.81%

Total Energy Loss

17,405MWh

336 National Rank

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Eastern Iowa Light & Power Coverage Map

Coverage Map Placeholder

Eastern Iowa Light & Power State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
Iowa23,96863,281,0005100%

Eastern Iowa Light & Power County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Cedar County18,494514.58$149.23/mo
Clinton County46,589414.31$153.60/mo
Des Moines County39,069514.71$147.01/mo
Johnson County156,420413.67$140.06/mo
Louisa County10,891214.35$153.60/mo
Muscatine County43,145513.80$152.32/mo
Scott County173,924614.12$137.42/mo
Washington County22,525416.48$139.16/mo

Cities Eastern Iowa Light & Power Has Coverage

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

Eastern Iowa Light & Power Reviews

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Eastern Iowa Light & Power FAQ:

How much is the average bundled bill for Eastern Iowa Light & Power customers each month?

Consumers of Eastern Iowa Light & Power pay, on average, a monthly bundled bill of $160.24.

Who is the CEO of Eastern Iowa Light & Power?

Kirk Trede is the current CEO of Eastern Iowa Light & Power.

What is the average bundled electricity rate for Eastern Iowa Light & Power customers?

Eastern Iowa Light & Power's current average bundled electricity rate is 13.37 cents per kilowatt hour (¢/kWh), compared to the average Iowa bundled rate of 12.73 cents and the average United States rate of 15.59 cents.

What is the phone number for Eastern Iowa Light & Power?

The Eastern Iowa Light & Power phone number is (563) 732-2211.

What cities does Eastern Iowa Light & Power sell electricity in?

Eastern Iowa Light & Power provides electricity in 28 cities in the nation including Iowa.

How many counties does Eastern Iowa Light & Power offer service in?

Eastern Iowa Light & Power provides electricity to customers in 8 counties throughout the United States including Iowa.

Fernando García
Last Reviewed By: Fernando García
Published: 2024-01-31