Fort Collins Utilities

About Fort Collins Utilities

Fort Collins Utilities is headquartered in Fort Collins, Colorado and it provides electricity in the residents that call the city home. There are a total of 79,307 customer accounts receiving service from the company. These customer accounts are made up of 88.61% residential customer accounts, 11.38% commercial customer accounts and 0.02% industrial properties. The average residential electricity price for Fort Collins Utilities is roughly 12.63 cents per kilowatt hour, which is 11.74% below the average state rate of 14.31 cents, a welcome situation for their customers. In 2022 they sold 97.95% of their total megawatt hours disposed via normal retail sales to end users. The megawatt hours sourced by the company primarily came from megawatt hours that they purchased via wholesale channels. They purchased 1,513,093 megawatt hours on the wholesale market. In 2022, the supplier made a total of $158,769,400 from business activities relating to the sale and transfer of electricity. They had 94.42% of their revenue coming from retail sales to end users.

The Colorado average monthly residential electricity bill is $89.99, while the Fort Collins Utilities average is 9.89% less at $76.6 per month. This is the 11th lowest average monthly bill amount for a supplier in Colorado. The supplier's consumers are faced with an average of 0.33 power outages per customer a year. These outages are on average 22.29 minutes, while the national average is 1.45 outages per consumer and 171.11 minutes each outage. The provider does not have ownership in any electricity generation facilities and all of the megawatt hours that they sell to their customers must be purchased wholesale from other providers.