Meadow Town Corporation Electric Utility

About Meadow Town Corporation Electric Utility

Meadow Town Corporation Electric Utility serves electricity to Meadow, Utah and is a municipally owned entity. Electricity suppliers must regularly report the number of customers they have to government agencies. In the most recent report the supplier reported a total of 147 customers signed on to receive electricity from the company. Exactly 5 of these customers are industrial properties, 11 are commercial customers and 131 are residential properties. Meadow Town Corporation Electric Utility's average residential electricity price per kilowatt hour is 7.86 cents per kilowatt hour, which is 30.26% below the average state price of 11.26 cents. Of the 2,014 megawatt hours the company sold and dispossessed, 88.53% were via sales to end users. The electricity sourced by the company is made up primarily of megawatt hours they procured by way of the wholesale electricity market. This category comprises 100.00% of the total electricity sourced. Their total revenue in 2019 was $147,000 and was earned from sales to retail electricity customers alone.

Customers of the provider have an average residential electric bill of $58.11. This is 57.46% less than the United States average bill of $136.59. Electricity production is not handled in house at the company, as they purchase power at wholesale rates from other companies and then resell to their end users.