Grundy Center Municipal Utilities

About Grundy Center Municipal Utilities

Grundy Center Municipal Utilities is headquartered in Grundy Center, Iowa and it provides electricity in the population there. With 1,664 total consumers, the provider provides electricity to 1,359 residential customer accounts and 305 commercial customers. Consumers of Grundy Center Municipal Utilities purchase electricity for, on average, 11.54 cents per kilowatt hour, which is 11.05% below the average Iowa rate of 12.98 cents and 28.11% less than the nationwide average of 16.06. Of the 27,725 megawatt hours the provider sold and dispossessed, 25,305 were from retail sales. The electricity sourced by Grundy Center Municipal Utilities is made up of multiple sources including megawatt hours they generate and additional megawatt hours procured by way of wholesale channels. These two categories comprise 1.11% and 98.89%, respectively, of all electricity sourced by the company. In 2019, the total revenue for the company was $2,455,000, which was earned exclusively through electricity sales to retail customers.

The average monthly residential electricity bill for a customer of Grundy Center Municipal Utilities is $86.44. Patrons of the supplier enjoy a 13.66% markdown compared to the rest of the state. Grundy Center Municipal Utilities generates 2,523.34 megawatt hours from their electricity facilities, ranking them as the 593rd largest generator of electricity out of 3530 companies in the United States. By megawatt hours generated, Grundy Center Municipal Utilities is the 58th largest supplier out of 209 suppliers in Iowa. Electricity production plants owned by the provider use non-renewable fuel types to generate 100.00% of their total electricity production, or 2,523.34 megawatt hours. They rank 35th in the state out of 177 suppliers.