Midland Power Coop: Rates and Coverage Area

Midland Power Coop

Electricity Rates, Plans & Statistics

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About Midland Power Coop

Midland Power Coop provides electricity to 17 cities throughout Iowa. On average, Midland Power Coop bills their consumers a residential electricity rate of 13.17 cents per kilowatt hour. While this is higher than the Iowa average rate of 13.04 cents per kilowatt hour, it is less than the national average of 15.74 cents. The supplier sold 490,451 megawatt hours through retail sales in 2022. The electricity they sourced was made up of megawatt hours that they procured by way of the wholesale electricity market. They purchased 535,950 on the wholesale market. In 2022, the company made a total of $52,151,000 from business activities relating to the sale and transfer of electricity. They had revenue of $2,124,000 coming from wholesale electricity sales and $49,941,000 from retail sales to end users.

The nationwide average monthly residential electric bill is $136.59, while the Midland Power Coop average is 46.23% more at $199.74 per month. Midland Power Coop is the 2775th ranked company in the United States for average monthly bill amount. Electricity generation is not handled in house at the company, as they purchase electricity at wholesale rates and then resell to their consumers.

Midland Power Coop Net Metering

Customers of Midland Power Coop have the ability to participate in net metering. This is a positive for any customer potentially purchasing personal solar panels, as net metering allows them to sell their extra wattage back to the provider.

Energy Loss

Midland Power Coop reported an annual loss of approximately 3.25% of the electricity that they transmit. Loss of energy due to heat dissipation during electricity transmission and other causes is being in the electricity generation industry and suppliers are required to report these losses. This percentage of loss results in them receiving a rank of 21st best out of 177 suppliers who report energy loss in the state and 423rd best out of 3526 in the country.

Midland Power Coop Rate & Electric Bills

Midland Power Coop residential electric rates are highest in July and the highest average bill is in July.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.141/kWh$0.111/kWh$255.03/mo.$149.66/mo.
1276th13.17¢Midland Power Coop's Average residential price per kWh
2775th$199.74Average monthly electricity bill for Midland Power Coop's residential customers

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Midland Power Coop Overview

  • Company Type:Cooperative
  • Headquarters:2005 South Story Street
    Boone, Iowa 50036
    United States of America
  • CEO:Bill McKim

Midland Power Coop Contact

Midland Power Coop Service

Energy Loss

Midland Power Coop's energy loss due to business operations.

-3.25%

Total Energy Loss

17,411MWh

423 National Rank

Power Outages

Currently, 0 customers are being tracked in Midland Power Coop.

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Customers Out:

0

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Midland Power Coop Coverage Map

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Midland Power Coop State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
Iowa11,02144,595,195.9611100%

Midland Power Coop County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Boone County26,721314.73$176.52/mo
Dallas County108,016412.37$111.68/mo
Franklin County10,056513.63$200.53/mo
Greene County8,831513.92$191.12/mo
Guthrie County10,599513.07$146.70/mo
Hamilton County15,0731013.97$165.99/mo
Hardin County16,997214.42$180.50/mo
Humboldt County9,622512.52$164.67/mo
Kossuth County14,8231014.07$171.24/mo
Polk County501,089511.68$101.02/mo

Cities Midland Power Coop Has Coverage

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

Midland Power Coop Reviews

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Midland Power Coop FAQ:

What is the phone number for Midland Power Coop?

Midland Power Coop's customer service phone number is (800) 833-8876

Who is the CEO of Midland Power Coop?

The CEO of Midland Power Coop is Bill McKim.

How much is the average bundled bill for Midland Power Coop customers each month?

Consumers of Midland Power Coop pay, on average, a monthly bundled bill of $199.74.

What is the average bundled electricity rate for Midland Power Coop customers?

The average bundled rate of electricity for consumers of Midland Power Coop is 13.17 cents per kilowatt hour (¢/kWh).

How many counties does Midland Power Coop provider electricity to?

Midland Power Coop provides electricity to customers in 13 counties.

What cities does Midland Power Coop have customers in to?

Midland Power Coop serves electricity in 17 cities in the nation.

King Manalo
Last Reviewed By: King Manalo
Published: 2024-02-05