Fairbank, Iowa Electric Utility: Rates and Coverage Area

Fairbank, Iowa Electric Utility

Electricity Rates, Plans & Statistics

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About Fairbank, Iowa Electric Utility

There are 609 customers of the provider. About 86.21% of them are residential properties and 13.79% of them are commercial accounts. The average residential electricity rate for Fairbank, Iowa Electric Utility is about 12.85 cents per kilowatt hour, which is 0.97% below the average Iowa price of 12.97 cents. Of the 8,086 megawatt hours Fairbank, Iowa Electric Utility sold and dispossessed, 7,683 were from sales to end users. Wholesale power purchases made up 100.00% of the total electricity sourced by the company . Exactly 8,086 megawatt hours were acquired on wholesale channels. They made $891,000 in total revenue in 2019 through retail electricity sales alone.

The average residential power bill for a consumer of Fairbank, Iowa Electric Utility is $92.97. The company currently does not produce their own electricity. Instead, they must purchase that electricity at wholesale rates and then resell it to end users.

Fairbank, Iowa Electric Utility Rate & Electric Bills

Fairbank, Iowa Electric Utility residential electric rates are highest in May and the highest average bill is in January.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.138/kWh$0.108/kWh$116.72/mo.$72.05/mo.
1022nd12.85¢Fairbank, Iowa Electric Utility's Average residential price per kWh
361st$92.97Average monthly electricity bill for Fairbank, Iowa Electric Utility's residential customers

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Fairbank, Iowa Electric Utility Overview

  • Company Type:Municipal
  • Headquarters:116 East Main Street
    Fairbank, Iowa 50629
    United States of America
  • Director/Superintendent:Dave Ryan

Fairbank, Iowa Electric Utility Contact

Fairbank, Iowa Electric Utility Service

  • Outage Phone:(319) 635-2869
  • States Served:
    • Iowa
  • Counties Served:
    • Buchanan County
    • Fayette County
  • Major Cities Served:

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Fairbank, Iowa Electric Utility Coverage Map

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Fairbank, Iowa Electric Utility State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
Iowa609934,215.82133100%

Fairbank, Iowa Electric Utility County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Buchanan County20,598514.22$177.08/mo
Fayette County19,582416.68$162.00/mo

Fairbank, Iowa Electric Utility Reviews

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Fairbank, Iowa Electric Utility FAQ:

How much is the average bundled bill for Fairbank, Iowa Electric Utility customers each month?

Customers of Fairbank, Iowa Electric Utility pay, on average, a monthly bundled bill of $92.97.

What is the phone number for Fairbank, Iowa Electric Utility?

The Fairbank, Iowa Electric Utility phone number is (319) 635-2869.

What is the average bundled electricity rate for Fairbank, Iowa Electric Utility customers?

Fairbank, Iowa Electric Utility's current average bundled electricity rate is 12.85 cents per kilowatt hour (¢/kWh), compared to the average Iowa bundled rate of 12.97 cents and the average national rate of 16.22 cents.

How many counties does Fairbank, Iowa Electric Utility sell electricity in?

There are 2 counties that receive at least some electricity coverage by Fairbank, Iowa Electric Utility including Iowa.

Who is the CEO of Fairbank, Iowa Electric Utility?

Dave Ryan is the CEO of Fairbank, Iowa Electric Utility.

Matt Hope
Last Reviewed By: Matt Hope
Published: 2022-09-18