Livermore, Iowa Electric Utility

About Livermore, Iowa Electric Utility

Livermore, Iowa Electric Utility is a municipally owned organization supplying electricity in Livermore, Iowa. At the time of the most recent government reports, the supplier disclosed a total of 218 electricity customers. This total is made up of 41 commercial accounts and 177 residential accounts. Livermore, Iowa Electric Utility averages 14.67 cents per kilowatt hour billed to their customers for residential electricity, which is 13.84% above the average Iowa price of 12.89 cents and 6.18% less than the national average of 15.64. Around 2,568 megawatt hours were sold by the provider to retail customers in 2019. The electricity sourced by Livermore, Iowa Electric Utility is made up of primarily wholesale purchased megawatt hours, with 2,744 acquired by the company. In 2019 they had total electricity related revenue of $373,500, with 98.50% coming from retail sales.

Customers of the supplier pay an average monthly residential electricity bill of $127.61. This is 3.83% lower than the US average bill of $132.69. The company currently does not produce their own electricity. Instead, they must purchase that electricity at wholesale prices from other providers and then resell it at a higher rate to end consumers.