Milan Public Utilities

About Milan Public Utilities

With their main offices in Milan, Tennessee, Milan Public Utilities supplies electricity to 2 counties throughout Tennessee and is classified as a municipally owned organization. Electricity companies must regularly report the number of customers signed on for their services to government agencies. Most recently the supplier disclosed a total of 8,389 customers signed up to receive electricity from the company. Approximately 0.04% of these customers are industrial properties, 18.61% are commercial customer accounts and 81.36% are residential properties. On average, Milan Public Utilities charges their consumers a residential electricity rate of 11.93 cents per kilowatt hour. Fortunately, this is 2.95% less than Tennessee's average price of 12.29 cents, ranking the company at 31st out of 90 providers in Tennessee for lowest average electricity price. The provider had total sales and disposition of 195,247 megawatt hours in 2022, of which 93.60% were from retail sales. The electricity sourced by the company primarily came from megawatt hours that they procured by way of wholesale channels. They purchased 195,247 wholesale megawatt hours. In 2022, the supplier made a total of $22,093,700 from business activities relating to the sale and transfer of electricity. They had 97.25% of their revenue coming from retail sales to end users.

The nationwide average monthly residential electric bill is $132.69, while the Milan Public Utilities average is 13.96% higher at $151.22 per month. Milan Public Utilities is the 2284th ranked provider in the nation for average monthly bill total. The provider does not have ownership in any electricity generation facilities and all of the power that they sell to their customers must be purchased from other companies.