Lawrenceburg Municipal Utilities

About Lawrenceburg Municipal Utilities

Lawrenceburg Municipal Utilities provides electricity for 2 cities in the state. The entity is a municipally owned entity. The company last reported a total of 3,733 customers. Exactly 96 of them are industrial properties, 718 are commercial customers and 2,919 are residential accounts. Lawrenceburg Municipal Utilities' average residential electricity rate per kilowatt hour is 10.99 cents per kilowatt hour, which is 25.48% less than the average state rate of 14.75 cents. They sold 146,885 megawatt hours in 2019 via retail accounts. During the same timeframe, Lawrenceburg Municipal Utilities purchased 152,736 megawatt hours through wholesale channels. In 2019, the supplier made a total of $15,454,300 from business activities relating to the sale and transfer of electricity. They had 94.85% of their revenue coming from retail sales to end users.

The nationwide average monthly residential power bill is $132.69, while the Lawrenceburg Municipal Utilities average is 28.90% below at $94.35 per month. This is the 659th lowest average monthly bill amount for a provider in the nation. The provider currently does not produce any of the electricity that they sell. Instead, they must purchase that electricity at wholesale prices from other companies and then resell it at a higher rate to end customers.