Lake Mills Utilities
Electricity Rates, Plans & Statistics
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About Lake Mills Utilities
Lake Mills Utilities is a municipally owned entity headquartered in Lake Mills, Iowa and serving customers in Iowa. There are 1,249 customer accounts who are receiving electricity from the company. These accounts are made up of 1,071 residential accounts, 154 commercialproperties and 24 industrial customers. The average residential electricity rate for customers of Lake Mills Utilities is around 11.42 cents per kilowatt hour, which is 10.69% below Iowa's average price of 12.79 cents. In 2019 the company sold 90.93% of their disposition via normal retail sales to end users. The electricity sourced by the company is made up of multiple sources of megawatt hours including 246 megawatt hours produced by power facilities owned by the company and 23,877 megawatt hours purchased by way of wholesale channels. In 2019, the supplier had revenue of $2,357,400 from retail electricity sales to end users.
The average residential electricity bill for a consumer of Lake Mills Utilities is $77.14 per month, while the state average is $107.97. Consumers of the supplier have a 23.56% markdown compared to the rest of the state. The provider does not have ownership in any electricity generation facilities and all of the power that they sell to their customers must be purchased from other providers. By total customers, Lake Mills Utilities is the 77th largest company out of 177 suppliers in the state. Electricity generation facilities managed by the provider use non-renewable fuel types to generate 100.00% of their total electricity production, or 77 megawatt hours. They rank 620th in the country out of 3509 suppliers.
Consumers of Lake Mills Utilities are able to participate in net metering, which is a positive for both parties. The purchase of solar panels and alternative electricity sources is often prohibitively priced for citizens. Net metering allows purchasers of these electricity sources to sell extra kilowatt hours back to their electricity supplier, making the installation of these alternative sources more financially friendly.
Lake Mills Utilities Rate & Electric Bills
Lake Mills Utilities residential electric rates are highest in January and the highest average bill is in August.
Historical Electricity Rates:
Lake Mills Utilities Overview
- Company Type:Municipal
- Headquarters:200 North 1st Avenue West
Lake Mills, Iowa 50450
United States of America
- Director/Superintendent:Dorene Holstad
Lake Mills Utilities Contact
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Quick Facts About Lake Mills Utilities
As the 841st largest producer of electricity in the country, Lake Mills Utilities generates 77 megawatt hours of electricity.
Lake Mills Utilities Coverage Map
Lake Mills Utilities State Coverage
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Lake Mills Utilities County Coverage
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Lake Mills Utilities FAQ:
What percentage of Lake Mills Utilities' electricity is produced from nonrenewable fuel types?
Lake Mills Utilities generates 100.00% of their electricity from nonrenewable fuels.
What is the average bundled electricity rate for Lake Mills Utilities customers?
Customers of Lake Mills Utilities, on average, have an electricity bundled rate 11.42 cents per kilowatt hour (¢/kWh).
What is the average bundled bill for Lake Mills Utilities customers each month?
Consumers of Lake Mills Utilities pay, on average, a monthly bundled bill of $77.14.
Who is the CEO of Lake Mills Utilities?
Dorene Holstad is the current CEO of Lake Mills Utilities.
What is the phone number for Lake Mills Utilities?
Lake Mills Utilities' customer service phone number is (641) 592-3251
What percentage of Lake Mills Utilities' electricity is generated from renewable fuel sources?
Power generation facilities owned by or associated with Lake Mills Utilities produce 0% of their electricity from renewable fuels.