Minneapolis, Kansas Electric Utility

About Minneapolis, Kansas Electric Utility

Minneapolis, Kansas Electric Utility is headquartered in Minneapolis, Kansas and they serve the citizens living in the city. Electricity suppliers must regularly report the number of customers they have to government agencies. Recently the company reported 1,306 customers signed up for their services. About 80.63% of these are residential accounts, 18.30% are commercial customers and 1.07% are industrial accounts. Minneapolis, Kansas Electric Utility's patrons purchase electricity for, on average, 16.88 cents per kilowatt hour. Regrettably for their customers, this price is more than both the state and the United States average prices of 14.25 and 16.06 cents per kilowatt hour, respectively. In 2019 they sold 16,917 megawatt hours to end users (known as retail sales). Electricity facilities owned by Minneapolis, Kansas Electric Utility generated 0.90% of the megawatt hours sourced by the supplier and an additional 99.10% was purchased on the wholesale electricity market. Their total revenue in 2019 from electricity related activities was $2,280,000, with 98.33% coming from retail sales to end users.

The average monthly residential power bill for a consumer of Minneapolis, Kansas Electric Utility is $129.47. Patrons of the company pay 7.04% less compared to the rest of the US. The company's production facilities have output of 74.66 megawatt hours from the use of natural gas. Electricity production facilities owned by the company use non-renewable fuel types to generate 100.00% of their total electricity production, or 84 megawatt hours. This total ranks them at 523rd in the United States out of 3530 companies. Production plants owned by Minneapolis, Kansas Electric Utility produce 84 megawatt hours, which is the 46th highest total in Kansas out of 3530 companies.