Laurens Municipal Power and Communications

About Laurens Municipal Power and Communications

Laurens Municipal Power and Communications is a municipally owned organization located in Laurens, Iowa and providing power to customers in Iowa. There are 829 customers of the provider. Roughly 79.73% of them are residential customers, 16.77% of them are commercial accounts and 3.50% are industrial customers. Laurens Municipal Power and Communications' average residential electricity price per kilowatt hour is 8.31 cents per kilowatt hour, which is 35.49% less than the average state price of 12.89 cents. They sold 16,940 megawatt hours through wholesale channels to other electricity providers and 25,377 megawatt hours through retail sales in 2019. Electricity production facilities owned by the company produced 64.77% of the megawatt hours sourced by the provider and an additional 35.23% was acquired on the wholesale market. In 2019, the supplier made a total of $3,791,000 from business activities relating to the sale and transfer of electricity. They had 10.66% of their revenue come from sales to the wholesale electricity market.

The average monthly residential electricity bill for a customer of Laurens Municipal Power and Communications is $109.83, while the Iowa average is $106.9. The supplier generates 384th megawatt hours from non-renewable fuels a year, making them 28th in the state out of 178 providers. Based on customer count, Laurens Municipal Power and Communications is the 100th largest supplier out of 178 providers in the state. Laurens Municipal Power and Communications ranks as the 534th highest electricity generator out of 3517 providers in the United States.