Kenyon Municipal Utilities

About Kenyon Municipal Utilities

Kenyon Municipal Utilities is a municipally owned entity serving Kenyon, Minnesota and other areas of Goodhue County. At the time of the most recent government reports, the supplier showed a total of 1,045 electricity customers being supplied electricity by the company. This total is made up of 908 residential accounts, 135 commercial customer accounts and 2 industrial customer accounts. Kenyon Municipal Utilities' average residential electricity price per kilowatt hour is 14.25 cents per kilowatt hour. This is, fortunately for their customers, 10.14% lower than the state's average price of 15.86 cents. In 2019 they had retail sales of 15,536 megawatt hours. Electricity generation and wholesale power purchases made up 0.14% and 100.86%, respectively, of all electricity sourced by the company. Electricity facilities the company owns produced 23 megawatt hours and an additional 16,386 megawatt hours were procured via the wholesale market. Their revenue in 2019 from electricity activities was $1,945,000, with 99.43% coming from retail sales to end users.

The national average monthly residential electric bill is $143.38, while the Kenyon Municipal Utilities average is 33.71% less at $95.04 per month. This is the 400th lowest average monthly bill amount for a supplier in the country. Kenyon Municipal Utilities is the 2318th largest provider out of 3530 suppliers in the nation based on total customer count. The supplier currently does not generate their own electricity. Instead, they must purchase that electricity at wholesale prices from other companies and then resell it at a higher rate to end consumers. Kenyon Municipal Utilities is ranked as the 829th highest total electricity generator in the US out of 3530 companies.