Madisonville Municipal Utilities

About Madisonville Municipal Utilities

Madisonville Municipal Utilities provides electricity to 2 cities in the state including cities like Madisonville and Hanson. The company is a municipally owned organization. Recently filed reports by the company showed a customer base of 7,897 customer accounts. Exactly 4 of these are industrial accounts, 1,540 are commercial customer accounts and 6,353 are residential customers. Madisonville Municipal Utilities' average residential electricity price per kilowatt hour is 12.99 cents per kilowatt hour. While this is higher than the state average rate of 12.91 cents per kilowatt hour, it is below the United States average of 16.22 cents. The company sold 252,026 megawatt hours in 2023 by way of traditional retail sales. The electricity they sourced consisted of megawatt hours that they procured on the wholesale market. They purchased 265,560 on the wholesale market. In 2023, the company made 97.62% of their revenue from retail electricity sales to end users.

The average residential power bill for a customer of Madisonville Municipal Utilities is $126.2, while the nationwide average is $143.38. Electricity production is not part of the Madisonville Municipal Utilities business plan, as they purchase power at wholesale rates from other companies and then resell to their end users.