Grand Junction, Iowa Electric Utility

About Grand Junction, Iowa Electric Utility

Grand Junction, Iowa Electric Utility provides electricity in Grand Junction, Iowa. A total of 78 commercial customer accounts and 388 residential customer accounts are provided electricity by the company. Consumers of Grand Junction, Iowa Electric Utility pay an average residential electricity rate of 17.79 cents per kilowatt hour, which is 37.14% more than the average state price of 12.97 cents and 9.70% above the national average of 16.22. They had sales of 4,302 megawatt hours in 2019 by way of retail sales. The electricity they sourced was made up of megawatt hours that they purchased on wholesale channels. They purchased 5,103 on the wholesale market. In 2019, the provider earned 93.30% of their revenue from retail electricity sales.

Consumers of the supplier pay an average monthly residential power bill of $136.22. This is 20.21% higher than the Iowa average bill of $107.24. Grand Junction, Iowa Electric Utility is ranked as the 888th highest total electricity producer out of 3530 providers in the United States. With 1 megawatt hours generated from non-renewable fuel sources, Grand Junction, Iowa Electric Utility is the 78th largest producer of megawatt hours from non-renewable sources in the state out of 177 providers. By total customers, Grand Junction, Iowa Electric Utility is the 2635th largest supplier out of 3530 electricity companies in the country.