Fredericktown, Missouri Electric Utility

About Fredericktown, Missouri Electric Utility

Fredericktown, Missouri Electric Utility is a municipally owned entity serving Fredericktown, Missouri and other areas of Madison County. At the time of the most recent government reports, the supplier showed a total of 2,326 electricity customers being supplied electricity by the company. This total is made up of 1,907 residential accounts, 407 commercial customer accounts and 12 industrial customer accounts. Fredericktown, Missouri Electric Utility's average residential electricity price per kilowatt hour is 15.41 cents per kilowatt hour, which is 4.97% less than the national average rate of 16.22 cents. This ranks the provider 2019th out of 2885 providers in the nation for best average electricity rate. The company sold 52,235 megawatt hours in 2019 via retail accounts. Of the megawatt hours they sourced, 52,235 megawatt hours were obtained on wholesale channels. Through electricity sales to end users , Fredericktown, Missouri Electric Utility made $3,513,000 in 2019.

The nationwide average monthly residential electric bill is $143.38, while the Fredericktown, Missouri Electric Utility average is 27.19% higher at $182.36 per month. Fredericktown, Missouri Electric Utility is the 2509th ranked company in the United States for average monthly bill total. The company currently does not produce their own electricity. Instead, they must purchase that electricity at wholesale rates and then resell it to end consumers.