Greenfield Municipal Utilities

About Greenfield Municipal Utilities

Greenfield Municipal Utilities supplies electricity to Greenfield, Iowa and is a municipally owned entity. There are 1,297 customer accounts receiving service from the provider. These customers are made up of 1,052 residential customer accounts and 245 commercial accounts. Greenfield Municipal Utilities charges their customers a residential electricity rate of 13.97 cents per kilowatt hour on average, which is 7.64% higher than the average Iowa rate of 12.97 cents. In 2019 Greenfield Municipal Utilities sold 45,880 megawatt hours to end users (known as retail sales). The electricity they sourced consisted of megawatt hours produced by the company at power plants they own and supplementary megawatt hours purchased via the wholesale electricity market. They produced 10,844 megawatt hours and purchased 37,133 wholesale megawatt hours. Their revenue for 2019 from electricity related activities was $4,182,900, with 97.98% coming from retail sales to end users.

The average monthly residential electric bill for a customer of Greenfield Municipal Utilities is $115.45. Electricity production is not part of the Greenfield Municipal Utilities business model, as they purchase electricity at wholesale rates from other providers and then resell to their customers. Electricity facilities owned by or associated with Greenfield Municipal Utilities produce 51 megawatt hours, which is the 775th highest in the United States out of 3530 suppliers. By megawatt hours produced, Greenfield Municipal Utilities is the 79th largest provider out of 198 providers in Iowa.