Lafayette Utilities System

About Lafayette Utilities System

Lafayette Utilities System is headquartered in Lafayette, Louisiana and they serve the citizens living in the city. Electricity suppliers must regularly report the number of customers they have to government agencies. Recently the company reported 70,865 customers signed up for their services. About 58,774 of these are residential accounts and 17.06% are commercial accounts. Lafayette Utilities System's average residential electricity rate per kilowatt hour is 12.00 cents per kilowatt hour, which is 3.24% above Louisiana's average rate of 11.62 cents. This ranks the supplier 18th out of 40 companies in Louisiana for lowest average electricity rate. Of the 4,098,215 megawatt hours the provider sold and dispossessed, 48.36% were from sales to end users and 50.57% were from wholesale sales to other electricity suppliers. Electricity generation and wholesale power purchases made up 26.82% and 73.18%, respectively, of all electricity sourced. Electricity plants the company owns produced 1,099,107 megawatt hours and an additional 2,999,108 were acquired on the wholesale market. In 2022, they made a total of $359,675,000 from business activities relating to the sale and transfer of electricity. They had 37.42% of their revenue come from wholesale electricity sales and 61.85% from retail sales to end users.

The average monthly residential power bill for a consumer of Lafayette Utilities System is $144.83 per month. Patrons of the company pay 9.15% more compared to the rest of the US. There are 431,831.85 megawatt hours generated by the company from the burning of coal. This makes them the 5th highest generator in the state out of 34 electricity providers. By customer count, Lafayette Utilities System is the 9th largest company out of 34 providers in the state. With 1,092,967.9 megawatt hours generated from non-renewable fuel sources, the supplier is the 11th largest producer of megawatt hours from non-renewable fuels in Louisiana out of 34 companies.