Memphis, Missouri Electric Utility

Memphis, Missouri Electric Utility is a municipally owned entity supplying electricity in the state of Missouri including cities like Memphis, South Gorin, Rutledge, Arbela, and Granger. There are 231 commercial customer accounts and 977 residential customers served by the supplier. Memphis, Missouri Electric Utility bills their patrons a residential electricity price of 15.04 cents per kilowatt hour on average, which is 37.07% higher than the average state price of 10.97 cents. They sold 17,009 megawatt hours in 2019 via traditional retail accounts. The purchase of wholesale electricity made up 107.00% of the electricity sourced by the company. The total revenue for the company for 2019 from electricity sales was $2,391,000, with 100.00% coming from retail sales to end users.

About Memphis, Missouri Electric Utility

Patrons of the provider have an average monthly residential power bill of $98.06. This is 18.44% below the nationwide average bill of $120.24. Electricity generation is not handled in house at the company, as they purchase electricity at wholesale rates from other suppliers to then be resold to their consumers.

Memphis, Missouri Electric Utility Net Metering

Offering net metering to customers is a win-win situation for Memphis, Missouri Electric Utility and any individuals who get their electricity from the company. This is a positive for any consumer considering installing private solar panels, as net metering allows them to sell their unused electricity into the grid.

Memphis, Missouri Electric Utility Rate & Electric Bills

Memphis, Missouri Electric Utility residential electric rates are highest in January and the highest average bill is in February.

Historical Electric Rates:

Price Per kWHAverage Bill$0.150/kWh$0.142/kWh$98.06/mo.$96.90/mo.
2711th15.04¢Memphis, Missouri Electric Utility's Average residential price per kWh
1195th$98.06Average monthly electric bill for Memphis, Missouri Electric Utility's residential customers

Memphis, Missouri Electric Utility Overview

  • Company Type:Municipal
  • Headquarters:125 West Jefferson
    Memphis, Missouri 63555
    United States of America

Memphis, Missouri Electric Utility Contact

Memphis, Missouri Electric Utility Service

    Memphis, Missouri Electric Utility Coverage Map

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    Memphis, Missouri Electric Utility State Coverage

    StateArrow UpArrow pointing upwards.CustomersArrow UpArrow pointing upwards.Sales ($)Arrow UpArrow pointing upwards.State Rank Based On RevenueArrow UpArrow pointing upwards.% of Provider's Residential Sales in StateArrow UpArrow pointing upwards.
    Missouri1,2082,405,000104100%

    Memphis, Missouri Electric Utility County Coverage

    CountyArrow UpArrow pointing upwards.PopulationArrow UpArrow pointing upwards.ProvidersArrow UpArrow pointing upwards.Avg. County Rate (¢)Arrow UpArrow pointing upwards.Avg. Electric BillArrow UpArrow pointing upwards.
    Scotland County4,902313.55$120.72/mo

    Cities Memphis, Missouri Electric Utility Has Coverage

    • Arbela, MO
    • Granger, MO
    • Memphis, MO
    • Rutledge, MO
    • South Gorin, MO

    * City coverage generated based on government data. Always verify you can get service from the provider.

    Memphis, Missouri Electric Utility Reviews

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    Memphis, Missouri Electric Utility FAQ:

    How much is the average bill for Memphis, Missouri Electric Utility customers each month?

    Consumers of Memphis, Missouri Electric Utility pay, on average, a monthly bill of $98.06.

    What is the average electricity rate for Memphis, Missouri Electric Utility customers?

    The average rate of electricity for consumers of Memphis, Missouri Electric Utility is 15.04 cents per kilowatt hour (¢/kWh).

    What is the phone number for Memphis, Missouri Electric Utility?

    Memphis, Missouri Electric Utility's customer service phone number is (660) 465-7285

    What cities does Memphis, Missouri Electric Utility provider electricity to?

    Memphis, Missouri Electric Utility serves 5 cities in the United States including, Missouri.

    Last Reviewed By: Nick Reese
    Published: 2021-03-16Last Updated: 2021-09-28