Mindenmines, Missouri Electric Utility

About Mindenmines, Missouri Electric Utility

Mindenmines, Missouri Electric Utility is headquartered in Mindenmines, Missouri and it serves the population there. They currently supply electricity to residential and commercial customers, with a total of 5 commercial customer accounts and 92 residential customer accounts signed on for their services. Mindenmines, Missouri Electric Utility averages 16.36 cents per kilowatt hour charged to their consumers for residential electricity. This is, unfortunately for their customers, 26.75% above the state's average price of 12.90 cents, ranking the company at 117th out of 127 companies in the state for lowest average electricity rate. In 2019 they sold 96.91% of their megawatt hours via normal retail sales to end users. During the same timeframe, Mindenmines, Missouri Electric Utility purchased 2,658 megawatt hours via the wholesale electricity market. In 2019, the total revenue of Mindenmines, Missouri Electric Utility was $335,000, which was earned exclusively through electricity sales to retail customers.

Customers of the supplier have an average monthly residential electricity bill of $265.05. This is 84.86% above the US average bill of $143.38. The provider does not have ownership in any electricity production plants and all of the electricity that they sell to their customers must be purchased from other suppliers.