Frankton, Indiana Electric Utility Company: Rates and Coverage Area

Frankton, Indiana Electric Utility Company

Electricity Rates, Plans & Statistics

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About Frankton, Indiana Electric Utility Company

Frankton, Indiana Electric Utility Company is a municipally owned entity located in Frankton, Indiana and supplying power to customers in Madison County, Indiana. On recent government reports, the provider had a total of 1,059 electricity customers signed up for their services. This total is made up of 2.46% industrial accounts, 7.46% commercial customer accounts and 90.08% residential accounts. Customers of Frankton, Indiana Electric Utility Company are charged an average residential electricity rate of 12.39 cents per kilowatt hour, which is, luckily for their customers, 21.23% lower than the average nationwide rate of 15.73 cents. In 2019 Frankton, Indiana Electric Utility Company sold 16,750 megawatt hours via retail sales to end users. The purchase of wholesale electricity made up 100.00% of the electricity sourced by the company. Their revenue for 2019 from electricity related activities was $1,826,000, the sum of which came from retail sales to end users.

The nationwide average monthly residential electric bill is $135.39, while the Frankton, Indiana Electric Utility Company average is 13.60% less at $116.98 per month. This is the 1346th lowest average monthly bill amount for a provider in the nation. The company does not have ownership in any power plants and all of the power that they sell to their customers must be purchased from other providers.

Frankton, Indiana Electric Utility Company Rate & Electric Bills

Frankton, Indiana Electric Utility Company residential electric rates are highest in October and the highest average bill is in August.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.146/kWh$0.106/kWh$169.79/mo.$86.98/mo.
995th12.39¢Frankton, Indiana Electric Utility Company's Average residential price per kWh
1346th$116.98Average monthly electricity bill for Frankton, Indiana Electric Utility Company's residential customers

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Frankton, Indiana Electric Utility Company Overview

  • Company Type:Municipal
  • Headquarters:204 East Sigler Street
    Frankton, Indiana 46044
    United States of America
  • Director/Superintendent:Dan Parks

Frankton, Indiana Electric Utility Company Contact

Frankton, Indiana Electric Utility Company Service

    • States Served:
      • Indiana
    • Counties Served:
      • Madison County
    • Major Cities Served:
      • Frankton

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    Frankton, Indiana Electric Utility Company Coverage Map

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    Frankton, Indiana Electric Utility Company State Coverage

    StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
    Indiana1,0591,754,086.1294100%

    Frankton, Indiana Electric Utility Company County Coverage

    CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
    Madison County131,744714.51$125.39/mo

    Frankton, Indiana Electric Utility Company Reviews

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    Frankton, Indiana Electric Utility Company FAQ:

    What is the average bundled bill for Frankton, Indiana Electric Utility Company customers each month?

    Customers of Frankton, Indiana Electric Utility Company pay, on average, a monthly bundled bill of $116.98.

    Who is the CEO of Frankton, Indiana Electric Utility Company?

    Dan Parks is the CEO of Frankton, Indiana Electric Utility Company.

    What is the average bundled electricity rate for Frankton, Indiana Electric Utility Company customers?

    The average bundled rate of electricity for consumers of Frankton, Indiana Electric Utility Company is 12.39 cents per kilowatt hour (¢/kWh).

    What is the phone number for Frankton, Indiana Electric Utility Company?

    The Frankton, Indiana Electric Utility Company phone number is (765) 754-7285.

    Ginalyn Gelera
    Last Reviewed By: Ginalyn Gelera
    Published: 2022-08-01