Fort Payne Improvement Authority: Rates and Coverage Area

Fort Payne Improvement Authority

Electricity Rates, Plans & Statistics

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About Fort Payne Improvement Authority

Fort Payne Improvement Authority is a municipally owned entity providing electricity in 2 cities in the state of Alabama. There are 9,156 customers of the provider. Exactly 7,052 of them are residential accounts, 2,097 are commercial customers and 7 of them are industrial customers. Customers of Fort Payne Improvement Authority are billed an average residential electricity rate of 11.94 cents per kilowatt hour. Fortunately for their patrons, this price is lower than both the state and national average prices of 15.94 and 16.22 cents per kilowatt hour, respectively. The company sold 303,086 megawatt hours in 2023 via retail accounts. The megawatt hours sourced by the company primarily came from megawatt hours that they purchased via wholesale channels. They purchased 313,773 wholesale megawatt hours. Their total revenue for 2023 from electricity activities was $32,995,600, with $32,392,000 coming from retail sales to end users.

The state average monthly residential electricity bill is $184.01, while the Fort Payne Improvement Authority average is 29.07% less at $142.32 per month. This is the 18th lowest average monthly bill amount for a supplier in the state. The supplier currently does not generate any of the electricity that they sell. Instead, they must purchase that electricity at wholesale prices from other suppliers and then resell it to end users.

Energy Loss

Losing energy due to heat dissipation during electricity transmission and other causes is a reality of being in the electricity production business. Electricity providers are required to report these losses to government agencies who track electricity infrastructure efficiencies. Fort Payne Improvement Authority reported a yearly loss of roughly 3.35% of the electricity that they produce. This percentage of electricity lost gives them a rank of 22nd best out of 61 providers who report energy loss in Alabama and 630th best out of 3530 in the US.

Fort Payne Improvement Authority Rate & Electric Bills

Fort Payne Improvement Authority residential electric rates are highest in April and the highest average bill is in July.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.131/kWh$0.097/kWh$201.75/mo.$95.10/mo.
657th11.94¢Fort Payne Improvement Authority's Average residential price per kWh
1674th$142.32Average monthly electricity bill for Fort Payne Improvement Authority's residential customers

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Fort Payne Improvement Authority Overview

  • Company Type:Municipal
  • Headquarters:406 3rd Street Southeast
    Fort Payne, Alabama 35967
    United States of America
  • Director/Superintendent:Mike Shirey

Fort Payne Improvement Authority Contact

Fort Payne Improvement Authority Service

    Energy provider of the year for Alabama, Major Provider Category
    Top 3 Lowest Energy Loss
    Alabama, Major Provider Category
    Claim Award

    Energy Loss

    Fort Payne Improvement Authority's energy loss due to business operations.

    -3.35%

    Total Energy Loss

    10,502MWh

    630 National Rank

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    Fort Payne Improvement Authority Coverage Map

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    Fort Payne Improvement Authority State Coverage

    StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
    Alabama9,16933,923,053.6237100%

    Fort Payne Improvement Authority County Coverage

    CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
    DeKalb County71,998412.81$148.22/mo

    Cities Fort Payne Improvement Authority Has Coverage

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

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    Fort Payne Improvement Authority FAQ:

    Who is the CEO of Fort Payne Improvement Authority?

    The CEO of Fort Payne Improvement Authority is Mike Shirey.

    What is the phone number for Fort Payne Improvement Authority?

    You can reach Fort Payne Improvement Authority by phone via (256) 845-0671.

    What is the average bundled electricity rate for Fort Payne Improvement Authority customers?

    Fort Payne Improvement Authority's current average bundled electricity rate is 11.94 cents per kilowatt hour (¢/kWh), compared to the average state bundled rate of 15.94 cents and the average United States rate of 16.22 cents.

    What is the average bundled bill for Fort Payne Improvement Authority customers each month?

    Customers of Fort Payne Improvement Authority pay, on average, a monthly bundled bill of $142.32.

    What cities does Fort Payne Improvement Authority sell electricity to?

    Fort Payne Improvement Authority supplies to 2 cities throughout the country including Alabama.

    Alex Zdanov
    Last Reviewed By: Alex Zdanov
    Published: 2024-07-18