Iola, Kansas Electric Utility

About Iola, Kansas Electric Utility

Iola, Kansas Electric Utility has their head offices in Iola, Kansas and supplies electricity in 3 cities in Allen County, Kansas. There are 4,019 customers of the company. Exactly 3,395 of them are residential properties, 622 are commercial customers and 2 of them are industrial accounts. Iola, Kansas Electric Utility bills their consumers a residential electricity rate of 13.33 cents per kilowatt hour on average, which is 7.01% lower than Kansas' average rate of 14.33 cents. This makes the company 32nd lowest for average electricity rate out of 145 suppliers in the state. A total of 96,670 megawatt hours were sold to retail customers in 2019 by the company. During the same timeframe, Iola, Kansas Electric Utility produced 641 megawatt hours and acquired 112,595 megawatt hours through wholesale channels. Iola, Kansas Electric Utility made $9,793,000 in 2019, which they earned entirely from retail sales.

The average monthly residential power bill for a consumer of Iola, Kansas Electric Utility is $108.22 per month. Iola, Kansas Electric Utility is the 37th largest electricity company out of 140 providers in the state based on number of customers. Generation by the provider from natural gas totals 851.91 megawatt hours, which is roughly 93.72% of their total generation. Electricity generation is not handled in house at the company, as they purchase power at wholesale rates from other companies and then resell to their end users.