Forest City, Iowa Electric Utility
Electricity Rates, Plans & Statistics
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About Forest City, Iowa Electric Utility
A total of 1,818 residential accounts, 424 commercial accounts and one industrial account purchase their electricity from the company. Patrons of Forest City, Iowa Electric Utility pay an average residential electricity rate of 12.04 cents per kilowatt hour. This is 25.76% below the US average price of 16.22 cents. Forest City, Iowa Electric Utility had total sales and disposition of 58,233 megawatt hours in 2019, of which 56,169 megawatt hours were via retail sales. The electricity sourced by the provider came from a mixture of electricity generation from electricity facilities owned by Forest City, Iowa Electric Utility and supplementary megawatt hours that they purchased via wholesale channels. They purchased 57,794 megawatt hours on the wholesale market and generated 439 megawatt hours. Their total revenue for 2019 from electricity related activities was $5,575,500, with 94.90% coming from retail sales to end users.
The Iowa average monthly residential power bill is $107.24, while the Forest City, Iowa Electric Utility average is 24.30% lower at $72.41 per month. This is the 7th lowest average monthly bill amount for a provider in the state. Electricity generation is not handled in house at the company, as they purchase power at wholesale rates and then resell to their customers. The provider produces 511th megawatt hours from non-renewable fuels per year. This makes them 44th out of 177 companies in Iowa. Forest City, Iowa Electric Utility produces 120 megawatt hours from their production facilities, which ranks them as the 70th highest generator of electricity of all 177 electricity suppliers in the state.
Consumers of Forest City, Iowa Electric Utility can take advantage of net metering, which is a positive for both parties. This is a positive for any customer considering purchasing personal solar panels, as net metering allows them to sell their unneeded wattage into the grid.
Forest City, Iowa Electric Utility Rate & Electric Bills
Forest City, Iowa Electric Utility residential electric rates are highest in May and the highest average bill is in January.
Historical Electricity Rates:
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Forest City, Iowa Electric Utility Overview
- Company Type:Municipal
- Headquarters:305 North Clark Street
Forest City, Iowa 50436
United States of America - Director/Superintendent:Duane Kuhn
Forest City, Iowa Electric Utility Contact
- Website:www.cityofforestcity.com
- Customer Service Phone:(641) 585-2362
Forest City, Iowa Electric Utility Service
- States Served:
- Iowa
- Counties Served:
- Hancock County
- Winnebago County
- Major Cities Served:
Quick Facts About Forest City, Iowa Electric Utility
Forest City, Iowa Electric Utility is the 57th largest supplier out of 177 electricity companies in the state based on total megawatt hours sold.
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Forest City, Iowa Electric Utility Coverage Map
Forest City, Iowa Electric Utility State Coverage
| State | Customers | Sales ($) | State Rank Based On Revenue | % of Provider's Residential Sales in State |
|---|---|---|---|---|
| Iowa | 2,244 | 6,121,331.96 | 60 | 100% |
Forest City, Iowa Electric Utility County Coverage
| County | Population | Providers | Avg. County Rate (¢) | Avg. Electric Bill |
|---|---|---|---|---|
| Hancock County | 10,837 | 4 | 14.71 | $170.61/mo |
| Winnebago County | 10,743 | 4 | 13.22 | $194.52/mo |
Forest City, Iowa Electric Utility Reviews
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Forest City, Iowa Electric Utility FAQ:
How many counties does Forest City, Iowa Electric Utility provider electricity in?
Forest City, Iowa Electric Utility sells electricity to customers in 2 counties throughout the country including Iowa.
What is the phone number for Forest City, Iowa Electric Utility?
You can reach Forest City, Iowa Electric Utility by phone via (641) 585-2362.
What is the average bundled electricity rate for Forest City, Iowa Electric Utility customers?
Forest City, Iowa Electric Utility's current average bundled electricity rate is 12.04 cents per kilowatt hour (¢/kWh), compared to the average Iowa bundled rate of 12.97 cents and the average US rate of 16.22 cents.
What is the average bundled bill for Forest City, Iowa Electric Utility customers each month?
Forest City, Iowa Electric Utility currently has an average monthly bundled electric bill of $72.41, compared to the Iowa average of $107.24 and the United States average of $107.24 for bundled service.
Who is the CEO of Forest City, Iowa Electric Utility?
Duane Kuhn is the current CEO of Forest City, Iowa Electric Utility.
What percentage of Forest City, Iowa Electric Utility's electricity is produced from nonrenewable fuel sources?
Forest City, Iowa Electric Utility generates 100.00% of their electricity using nonrenewable fuel sources.
What percentage of Forest City, Iowa Electric Utility's electricity is produced using renewable fuel sources?
Electric production plants owned by or associated with Forest City, Iowa Electric Utility produce 0% of their electricity using renewable fuel types.
