Heyburn, Idaho Electric Utility

About Heyburn, Idaho Electric Utility

Heyburn, Idaho Electric Utility provides electricity in Heyburn, Idaho and rural areas of Minidoka County. Electricity providers must regularly report their customer counts to government agencies. On the most recent reports the company listed 1,860 customers signed on for their services. Roughly 91.99% of these are residential properties, 7.37% are commercial customer accounts and 0.65% are industrial accounts. Heyburn, Idaho Electric Utility's customers spend, on average, 14.96 cents per kilowatt hour for their electricity . This is more than both the Idaho and the US average rates of 10.58 and 14.84 cents per kilowatt hour, respectively. The company sold 61,612 megawatt hours via retail sales in 2019. During the same timeframe, Heyburn, Idaho Electric Utility purchased 65,556 megawatt hours by way of wholesale channels. In 2019, the provider had revenue of $4,020,100 from retail electricity sales. This made up the total of the electricity related revenue for the company.

The average residential electricity bill for a customer of Heyburn, Idaho Electric Utility is $123.98 per month. Consumers of the provider pay a 14.74% markup compared to other residents of Idaho. The provider currently does not generate any of the electricity that they sell. Instead, they must purchase that electricity at wholesale rates from other providers and then resell it to end consumers.