Milford Electric
Electricity Rates, Plans & Statistics
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About Milford Electric
Milford Electric provides electricity in Milford, Iowa. There are a total of 1,649 customer accounts who are receiving electricity from the company. These accounts are made up of 34 industrial properties, 329 commercial accounts and 1,286 residential properties. Milford Electric's average residential electricity rate per kilowatt hour is 11.50 cents per kilowatt hour, which is 11.43% below Iowa's average price of 12.98 cents and 26.77% below the US average of 15.70 cents. In 2019 Milford Electric sold 93.80% of their megawatt hours via normal retail sales to end users and 2.16% to other companies on the wholesale market. Electricity plants owned by the company produced 5,414 megawatt hours and an additional 29,398 megawatt hours were procured on the wholesale market. Their total revenue for 2019 from electricity activities was $4,318,000, with 76.66% coming from retail sales to end users and 8.87% from wholesale electricity sales.
Patrons of the supplier pay an average residential electricity bill of $118.88. This is 14.29% less than the national average of $138.7. Electricity production plants associated with the company use non-renewable fuels to generate 100.00% of their total electricity production, or 3,366.77 megawatt hours. This total ranks them at 402nd in the United States out of 3530 providers. The company ranks as the 30th highest producer of megawatt hours created using coal out of 177 electricity providers in the state. Electricity production plants owned or managed by Milford Electric generate a total of 3,366.77 megawatt hours, which is the 53rd highest amount of all providers in the state.
Consumers of Milford Electric have the ability to use net metering. This is a positive for any customer considering installing private solar panels, as net metering allows them to sell their excess megawatt hours back into the grid.
Milford Electric Rate & Electric Bills
Milford Electric residential electric rates are highest in June and the highest average bill is in January.
Historical Electricity Rates:
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Milford Electric Overview
- Company Type:Municipal
- Headquarters:806 North Avenue
Milford, Iowa 51351
United States of America - Director/Superintendent:LeAnn Reinsbach
Milford Electric Contact
- Website:www.milford.ia.us
- Customer Service Phone:(712) 338-2741
- Business Customer Service:(712) 338-2401
- Contact Page:www.milford.ia.us
- Social Media:
Milford Electric Service
- Rates & Plans:www.milford.ia.us
- States Served:
- Iowa
- Counties Served:
- Dickinson County
- Major Cities Served:
Quick Facts About Milford Electric
Milford Electric is the 2091st largest supplier out of 3530 electricity companies in the US based on total megawatt hours sold.
Milford Electric Energy Makeup
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Milford Electric Coverage Map
Milford Electric State Coverage
| State | Customers | Sales ($) | State Rank Based On Revenue | % of Provider's Residential Sales in State |
|---|---|---|---|---|
| Iowa | 1,651 | 3,734,777.22 | 66 | 100% |
Milford Electric County Coverage
| County | Population | Providers | Avg. County Rate (¢) | Avg. Electric Bill |
|---|---|---|---|---|
| Dickinson County | 17,536 | 5 | 14.04 | $185.06/mo |
Power Plants Owned by Milford Electric
| Plant | City/County | State | Primary Fuel Type | Production (MWh) | Emission (kg) | Emissions/MWh | Toxic Chemical Release | Closing Date |
|---|---|---|---|---|---|---|---|---|
George Neal SouthBancroft Municipal Utilities (0.35%)Cedar Falls Electric Utility (2.50%)Algona Municipal Utilities (2.94%)Coon Rapids Municipal Utilities (0.52%)Graettinger, Iowa Electric Utility (0.17%)Laurens Municipal Power and Communications (0.52%)Milford Electric (0.35%)Spencer Municipal Utilities (1.21%)Webster City Utilities (2.60%)Grundy Center Municipal Utilities (0.33%)MidAmerican Energy (40.57%)NorthWestern Energy (8.68%)Corn Belt Power Cooperative (8.70%)Northwest Iowa Power Cooperative (4.86%)Alliant Energy (25.70%) | Woodbury County | IA | Coal | 785,933 | 804,833,705.37 | 1,024.05 | ||
MilfordMilford Electric (100.00%) | Milford | IA | Distillate Fuel Oil | 616 | 482,724.83 | 783.64 |
Milford Electric Fuel Makeup
Milford Electric Reviews
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Milford Electric FAQ:
Who is the CEO of Milford Electric?
The CEO of Milford Electric is LeAnn Reinsbach.
What is the average bundled bill for Milford Electric customers each month?
Consumers of Milford Electric pay, on average, a monthly bundled bill of $118.88.
What percentage of Milford Electric's electricity is produced using nonrenewable fuels?
Milford Electric produces 100.00% of their electricity from nonrenewable fuels.
What is the phone number for Milford Electric?
Milford Electric's customer service phone number is (712) 338-2741
What percentage of Milford Electric's electricity is generated from renewable fuel sources?
Milford Electric produces 0% of their electricity from renewable fuels.
What is the average bundled electricity rate for Milford Electric customers?
Milford Electric's current average bundled electricity rate is 11.50 cents per kilowatt hour (¢/kWh), compared to the average Iowa bundled rate of 12.98 cents and the average nationwide rate of 15.70 cents.
How many power plants are owned by or associated with Milford Electric?
There are 2 power plants owned by or associated with Milford Electric.
