Heartland Power

Electricity Rates, Plans & Statistics

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About Heartland Power

With headquarters in Thompson, Iowa, Heartland Power supplies electricity to 2 states throughout the US. The company last disclosed a total of 5,292 customers. Exactly 8 of them are industrial accounts, 926 are commercial customers and the rest are residential accounts. Heartland Power averages 11.86 cents per kilowatt hour charged to their patrons for residential electricity. Fortunately for their customers, this price is below the United States average price of 14.11 cents per kilowatt hour. The company sold 295,654 megawatt hours through retail sales in 2020. The electricity sourced by the company is made up primarily of megawatt hours they acquired on the wholesale market. Of the total electricity sourced by the company, whole purchased made up 100.00%.

The average monthly residential electricity bill for a customer of Heartland Power is $195.64 per month, while the nationwide average is $125.95. Patrons of the supplier pay 55.33% more compared to the rest of the US. The supplier currently does not generate their own electricity. Instead, they must purchase that electricity at wholesale prices and then resell it at a higher rate to end consumers.

Heartland Power Net Metering

Customers of Heartland Power are able to take advantage of net metering offerings, which is a positive for both parties. Net metering makes solar panel purchases more economically feasible as it allows consumers to sell electricity into the grid.

Energy Loss

Heartland Power loses electricity at a rate of 1.80% of their total production from heat dissipation and other causes. This percentage of loss earns them a rank of 173rd best out of 3509 providers reporting energy loss in the country.

Heartland Power Rate & Electric Bills

Heartland Power residential electric rates are highest in January and the highest average bill is in November.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.120/kWh$0.115/kWh$203.65/mo.$191.03/mo.
1377th11.86¢Heartland Power's Average residential price per kWh
2896th$195.64Average monthly electricity bill for Heartland Power's residential customers

Heartland Power Overview

  • Company Type:Cooperative
  • Headquarters:216 Jackson Street
    Thompson, Iowa 50478
    United States of America
  • CEO:Jon Leerar

Heartland Power Contact

Heartland Power Service

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Energy Loss

Heartland Power's energy loss due to business operations.

-1.80%

Total Energy Loss

5,440MWh

173 National Rank

Heartland Power Coverage Map

Coverage Map Placeholder

Heartland Power State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
Iowa5,25326,828,7001698.87%
Minnesota39115,3001831.13%

Heartland Power County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Chickasaw County12,012814.70$190.67/mo
Floyd County15,627414.03$206.09/mo
Howard County9,469315.58$161.66/mo
Kossuth County14,828913.32$165.78/mo
Mitchell County10,565312.54$186.23/mo
Winnebago County10,679412.33$188.29/mo
Worth County7,443414.49$166.67/mo

Cities Heartland Power Has Coverage

* City coverage generated based on government data. Always verify you can get service from the provider.

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Heartland Power FAQ:

What cities does Heartland Power have customers in to?

Heartland Power has customers in 9 cities in the nation including Minnesota and Iowa.

What is the average BUNDLED electricity rate for Heartland Power customers?

Customers of Heartland Power, on average, have an electricity BUNDLED rate 11.86 cents per kilowatt hour (¢/kWh).

How many states does Heartland Power provider electricity to?

Heartland Power offers service in 2 states.

What is the phone number for Heartland Power?

Heartland Power's customer service phone number is (641) 584-2251

Who is the CEO of Heartland Power?

Jon Leerar is the CEO of Heartland Power.

What is the average bundled bill for Heartland Power customers each month?

Customers of Heartland Power pay, on average, a monthly bundled bill of $195.64.

How many counties does Heartland Power supply electricity in?

Heartland Power sells electricity to customers in 7 counties in the United States including Minnesota and Iowa.

Last Reviewed By: Ginalyn Gelera
Published: 2022-09-14