La Porte City Utilities

About La Porte City Utilities

La Porte City Utilities supplies electricity in La Porte City, Iowa and other areas of Black Hawk County. There are 1,252 customers of the company. Roughly 15.18% of them are commercial customers and 84.82% of them are residential properties. La Porte City Utilities' consumers are charged an average residential electricity rate of 14.37 cents per kilowatt hour, which is 10.79% higher than Iowa's average price of 12.97 cents. This ranks the provider 105th lowest for average electricity price out of 183 suppliers in Iowa. In 2019 La Porte City Utilities sold 15,538 megawatt hours via retail sales to end users. The electricity generated in the company's power plants made up 2.06% of the electricity sourced by the company. The purchase of wholesale electricity made up an additional 97.94%. They made $1,616,000 in 2019, which came entirely from electricity sales to end users.

Customers of the provider pay an average monthly residential electric bill of $104.62. This is 27.04% lower than the national average of $143.38. La Porte City Utilities is the 2460th largest provider out of 3530 electricity companies in the United States based on total megawatt hours sold. With 98 megawatt hours generated from non-renewable fuels, the supplier is the 520th largest producer of megawatt hours from non-renewable fuels in the United States out of 3530 providers The supplier currently does not generate their own electricity. Instead, they must purchase that electricity at wholesale prices from other suppliers and then resell it at a higher rate to end customers.