Milford Electric: Rates, Coverage Area, Emissions

Milford Electric

Electricity Rates, Plans & Statistics

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About Milford Electric

Milford Electric provides electricity in Milford, Iowa. Consumers of Milford Electric are charged an average residential electricity price of 10.91 cents per kilowatt hour, which is 15.68% below the average state rate of 12.94 cents. The company sold 31,900 megawatt hours in 2019 through retail sales. The electricity generated in the company's power plants made up 15.92% of the electricity sourced by the company. The purchase of wholesale electricity made up an additional 86.44%. In 2019, the supplier made 76.66% of their revenue from retail electricity sales to end users and 8.87%from wholesale customers. Their revenue from all electricity activities was $4,318,000.

Patrons of the supplier pay an average residential electricity bill of $108.39. This is 20.17% less than the national average of $135.78. Electricity production plants associated with the company use non-renewable fuels to generate 100.00% of their total electricity production, or 4,174.74 megawatt hours. This total ranks them at 392nd in the United States out of 3518 providers. The company ranks as the 27th highest producer of megawatt hours created using coal out of 178 electricity providers in the state. Electricity production plants owned or managed by Milford Electric generate a total of 4,174.74 megawatt hours, which is the 53rd highest amount of all providers in the state.

Milford Electric Net Metering

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 January and the highest average bill is in May.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.129/kWh$0.090/kWh$161.23/mo.$78.17/mo.
485th10.91¢Milford Electric's Average residential price per kWh
1070th$108.39Average monthly electricity bill for Milford Electric's residential customers

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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

Milford Electric Service

Quick Facts About Milford Electric

Milford Electric is the 2138th largest supplier out of 3518 electricity companies in the US based on total megawatt hours sold.

Milford Electric Energy Makeup

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Milford Electric Coverage Map

Coverage Map Placeholder

Milford Electric State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
Iowa1,4213,078,732.1766100%

Milford Electric County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Dickinson County17,536513.56$176.92/mo

Power Plants Owned by Milford Electric

Milford Electric Fuel Makeup

COAL
Coal
Coal
Coal
Coal
Coal
Coal
Coal
Coal
Coal
Coal
92.83%
DISTILLATE FUEL OIL
Distillate Fuel Oil
7.17%

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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 $108.39.

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 10.91 cents per kilowatt hour (¢/kWh), compared to the average Iowa bundled rate of 12.94 cents and the average nationwide rate of 15.68 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.

Ginalyn Gelera
Last Reviewed By: Ginalyn Gelera
Published: 2022-08-16