Hannibal Electric
Electricity Rates, Plans & Statistics
High Power Bills?
Reduce or replace your electricity bill with solar
About Hannibal Electric
Hannibal Electric provides electricity in Marion County, Missouri. The supplier recently disclosed a total of 94 industrial customer accounts, 1,198 commercial customers and 7,537 residential customers. This is the sum of their customers. Hannibal Electric's customers are billed an average residential electricity rate of 11.39 cents per kilowatt hour, which is 8.93% lower than the average state rate of 12.51 cents and 27.16% less than the national average of 15.64. The company sold 236,757 megawatt hours in 2022 via traditional retail sales and 147,250 megawatt hours through wholesale channels. During the same timeframe, Hannibal Electric procured 397,011 megawatt hours by way of the wholesale market. Their revenue in 2022 from electricity activities was $34,928,200, with 26.65% coming from sales to the wholesale market.
The United States average monthly residential electricity bill is $132.69, while the Hannibal Electric average is 23.47% below at $101.55 per month. This is the 865th lowest average monthly bill amount for a provider in the nation. The provider currently does not generate any of the electricity that they sell. Instead, they must purchase that electricity at wholesale prices from other providers and then resell it to end consumers.
Customers of Hannibal Electric are able to participate in net metering solutions, which is a positive for both parties. Installation of solar panels and other electricity sources is often prohibitively priced for people. Net metering allows purchasers of these electricity sources to sell excess wattage back into the grid, making the installation of these alternative sources economically viable.
Hannibal Electric reports energy loss of 2.87% of their total generation due to heat dissipation and other causes. This percentage of energy lost earns them a rank of 348th best out of 3517 companies who report energy loss in the United States.
Hannibal Electric Rate & Electric Bills
Hannibal Electric residential electric rates are highest in January and the highest average bill is in September.
Historical Electricity Rates:
Go Solar for less than your cell phone bill.
Hannibal Electric Overview
- Company Type:Municipal
- Headquarters:3 Industrial Loop Road
Hannibal, Missouri 63401
United States of America - Director/Superintendent:Jared Stewart
Hannibal Electric Contact
- Website:www.hannibalbpw.org
- Customer Service Phone:(573) 221-8050
- Contact Page:www.hannibalbpw.org
- Social Media:
Hannibal Electric Service
- Rates & Plans:www.hannibalbpw.org
- Outage Map:www.hannibalbpw.org
- Outage Phone:(573) 221-0955
- States Served:
- Missouri
- Counties Served:
- Marion County
- Major Cities Served:
- Table Of Contents:
Energy Loss
Hannibal Electric's energy loss due to business operations.
Total Energy Loss
11,413MWh
348 National Rank
Go Solar for less than your cell phone bill.
Hannibal Electric Coverage Map
Hannibal Electric State Coverage
| State | Customers | Sales ($) | State Rank Based On Revenue | % of Provider's Residential Sales in State |
|---|---|---|---|---|
| Missouri | 8,829 | 23,158,000 | 42 | 100% |
Hannibal Electric County Coverage
| County | Population | Providers | Avg. County Rate (¢) | Avg. Electric Bill |
|---|---|---|---|---|
| Marion County | 28,564 | 6 | 13.22 | $145.11/mo |
Hannibal Electric Reviews
Write a Review of Hannibal Electric
Hannibal Electric FAQ:
What is the average bundled bill for Hannibal Electric customers each month?
Hannibal Electric currently has an average monthly bundled electric bill of $101.55, compared to the Missouri average of $126.23 and the national of $126.23 for bundled service.
What is the phone number for Hannibal Electric?
The Hannibal Electric phone number is (573) 221-8050.
What is the average bundled electricity rate for Hannibal Electric customers?
Hannibal Electric's current average bundled electricity rate is 11.39 cents per kilowatt hour (¢/kWh), compared to the average state bundled rate of 12.51 cents and the average national rate of 15.64 cents.
Who is the CEO of Hannibal Electric?
Hannibal Electric's current CEO is Jared Stewart.
