Graettinger, Iowa Electric Utility

About Graettinger, Iowa Electric Utility

Graettinger, Iowa Electric Utility is headquartered in Graettinger, Iowa and it serves electricity in the citizens that call the city home. There are 405 residential customer accounts, 82 commercial customer accounts and 18 industrial customers receiving service from the company. On average, Graettinger, Iowa Electric Utility charges their customers a residential electricity rate of 11.33 cents per kilowatt hour. Thankfully, this is 12.06% less than the state's average rate of 12.89 cents, resulting in the company ranking 61st best for average electricity rate out of 183 companies in Iowa. A total of 1,268 megawatt hours were sold by way of wholesale channels. The electricity sourced by Graettinger, Iowa Electric Utility is made up of multiple electricity sources including 2,390 megawatt hours produced at electricity facilities they own and 9,028 megawatt hours procured on the wholesale electricity market. Graettinger, Iowa Electric Utility earned $1,834,600 in 2019. Exactly $91,900 of that revenue came from electricity sales on the wholesale market and $807,700 came from retail electricity sales.

The national average monthly residential power bill is $132.69, while the Graettinger, Iowa Electric Utility average is 11.90% less at $116.9 per month. Graettinger, Iowa Electric Utility ranks as the 624th highest total electricity generator out of 3517 suppliers in the United States. Electricity generation facilities managed by the provider use non-renewable fuel sources to generate 100.00% of their total electricity generation, or 1,992.85 megawatt hours. They rank 417th out of 3517 companies in the nation. The provider generates a total of 1,893.27 megawatt hours from coal usage. This is the 33rd most in the state out of 178 electricity companies.