Milan, Missouri Electric Utility

About Milan, Missouri Electric Utility

Milan, Missouri Electric Utility provides electricity in Milan, Missouri and rural areas of Sullivan County. Electricity providers must regularly report their customer counts to government agencies. On the most recent reports the company listed 962 customers signed on for their services. Exactly 751 of these customers are residential accounts, 210 are commercial properties and one is an industrial account. On average, Milan, Missouri Electric Utility's customers spend 11.98 cents per kilowatt hour for their residential electricity, which is 4.24% lower than the average Missouri rate of 12.51 cents, a welcome situation for their consumers. The company had sales of 25,306 megawatt hours in 2019 sold to end users. The electricity sourced by Milan, Missouri Electric Utility is made up primarily of megawatt hours they purchased on wholesale channels. Of the total electricity sourced by the company, whole purchased made up 100.00%. The supplier had $2,733,000 in total revenue for 2019 from electricity-related activities, all of which came from retail sales to end-users.

The average residential electricity bill for a customer of Milan, Missouri Electric Utility is $118.35 per month. Consumers of the provider pay a 5.94% markdown compared to other residents of Missouri. The provider currently does not generate any of the electricity that they sell. Instead, they must purchase that electricity at wholesale rates from other providers and then resell it to end consumers.