Lamoni Municipal Utilities

About Lamoni Municipal Utilities

Lamoni Municipal Utilities provides electricity in Decatur County, Iowa. The company recently disclosed a total of 1,288 customers. Exactly 1,037 are residential customers, 244 are commercial locations and 7 of these are industrial customers. Consumers of Lamoni Municipal Utilities are billed an average residential electricity price of 12.09 cents per kilowatt hour. Luckily for their consumers, this price is lower than both the state and nationwide average rates of 12.97 and 16.22 cents per kilowatt hour, respectively. The company had sales of 21,767 megawatt hours in 2019 by way of retail sales. During the same timeframe, Lamoni Municipal Utilities produced 75 megawatt hours from electricity generation facilities owned by the provider and procured 23,557 megawatt hours by way of wholesale channels. In 2019 the company had total electricity related revenue of $2,221,000, with 94.10% from retail sales.

The average monthly residential electricity bill for a customer of Lamoni Municipal Utilities is $87.58. The supplier produces 506th megawatt hours from non-renewable fuel types a year. This makes them 506th out of 3530 companies in the US. Based on megawatt hours generated, Lamoni Municipal Utilities is the 723rd largest out of 3530 providers in the country. The supplier currently does not produce their own electricity. Instead, they must purchase that electricity at wholesale rates and then resell it to end consumers.