Maquoketa Municipal Electric Utility

About Maquoketa Municipal Electric Utility

Maquoketa Municipal Electric Utility is a municipally owned organization serving Maquoketa in Jackson County, Iowa. At the time of the most recent government reports, the supplier had a total of 3,571 electricity customers being supplied electricity by the company. This total is made up of 0.06% industrial accounts, 17.64% commercial accounts and 82.30% residential accounts. Maquoketa Municipal Electric Utility's average residential electricity price per kilowatt hour is 14.21 cents per kilowatt hour, resulting in the supplier ranking 100th out of 183 providers in Iowa and 1597th out of 2885 in the US. The company had sales of 66,778 megawatt hours in 2023 sold to end users and 858 megawatt hours via the wholesale market. Power plants owned by Maquoketa Municipal Electric Utility generated 1.20% of the megawatt hours sourced by the provider and an additional 98.80% was procured by way of wholesale channels. Their total revenue for 2023 from electricity activities was $9,035,100, with 9.95% coming from sales to the wholesale market.

The United States average monthly residential electric bill is $143.38, while the Maquoketa Municipal Electric Utility average is 31.00% lower at $98.93 per month. This is the 492nd lowest average monthly bill amount for a supplier in the United States. Maquoketa Municipal Electric Utility is the 41st largest supplier out of 177 providers in the state based on number of customers. Electricity generation is not handled in house at the company, as they purchase power at wholesale rates from other providers to then be resold to their end users. The provider's generating plants generate 23.59 megawatt hours using natural gas as the fuel source.