Eldridge Electric

About Eldridge Electric

Eldridge Electric is headquartered in Eldridge , Iowa and they serve electricity in the residents that call the city home. The company last reported a total of 2,504 customers. Exactly 12 of them are industrial properties, 238 are commercial customers and 2,254 are residential customers. Eldridge Electric's customers spend, on average, 11.45 cents per kilowatt hour for their electricity, which is 11.77% lower than the average Iowa rate of 12.98 cents. Roughly 38,772 megawatt hours were sold to other suppliers through whole channels in 2019. The electricity sourced was made up of megawatt hours generated by the company and additional megawatt hours that they acquired by way of wholesale channels. They generated 38,772 megawatt hours and purchased 43,608 megawatt hours on the wholesale market. Eldridge Electric had $4,198,000 in 2019, $1,111,000 of which came from electricity sales on the wholesale energy market and $3,071,000 of which came from sales to retail end-users.

The Iowa average monthly residential electricity bill is $105.52, while the Eldridge Electric average is 22.37% below at $74.81 per month. This is the 18th lowest average monthly bill amount for a supplier in the state. The supplier generates a total of 27,377.45 megawatt hours from the use of coal. This ranks them the 204th highest producer out of 3529 electric suppliers in the nation By total customers, Eldridge Electric is the 1841st largest company out of 3529 suppliers in the United States. Generation plants owned by or associated with Eldridge Electric generate a total of 27,673.39 megawatt hours, which is the 40th highest in Iowa out of 3529 suppliers.