Montezuma, Iowa Electric Utility

About Montezuma, Iowa Electric Utility

Montezuma, Iowa Electric Utility provides electricity in Poweshiek County, Iowa. Montezuma, Iowa Electric Utility's customers pay an average residential electricity rate of 10.45 cents per kilowatt hour , which is lower than both the Iowa and the United States average prices of 12.97 and 16.22 cents per kilowatt hour, respectively. They sold 22,127 megawatt hours in 2019 through traditional retail sales. The electricity they sourced consisted of megawatt hours produced by the company at electricity plants they own and supplementary megawatt hours purchased on wholesale channels. They purchased 23,953 megawatt hours on the wholesale market and produced 13,851 megawatt hours. In 2019, the provider made 79.27% of their revenue from retail electricity sales to end users and 17.53% via sales to wholesale customers.

The average monthly residential electricity bill for a customer of Montezuma, Iowa Electric Utility is $80.25. Electricity production plants associated with the provider use non-renewable fuels to generate 100.00% of their total electricity production, or 138 megawatt hours. They rank 504th in the United States out of 3530 providers. Production by the company from natural gas totals 48.1 megawatt hours, which is around 34.86% of their total production. Production plants associated with or owned by Montezuma, Iowa Electric Utility generate 138 megawatt hours, which is the 68th highest total of 721st highest out of 3530 companies in the US.