Indianola Municipal Utilities

About Indianola Municipal Utilities

Indianola Municipal Utilities is a municipally owned entity located in Indianola, Iowa and supplying power to customers in Warren County, Iowa. On recent government reports, the provider had a total of 6,858 electricity customers signed up for their services. This total is made up of 0.15% industrial accounts, 8.78% commercial customer accounts and 91.08% residential accounts. Customers of Indianola Municipal Utilities are charged an average residential electricity rate of 14.86 cents per kilowatt hour, which is, luckily for their customers, 8.35% less than the average nationwide rate of 16.22 cents. In 2019 Indianola Municipal Utilities sold 126,100 megawatt hours via retail sales to end users. The total revenue for Indianola Municipal Utilities for 2019 from electricity sales was $15,661,000, with 93.83% coming from retail sales to end users.

The nationwide average monthly residential electric bill is $143.38, while the Indianola Municipal Utilities average is 24.61% less at $108.09 per month. This is the 721st lowest average monthly bill amount for a provider in the nation. The company does not have ownership in any power plants and all of the power that they sell to their customers must be purchased from other providers. Based on total customers, Indianola Municipal Utilities is the 19th largest company out of 177 electricity companies in the state.