Morgan City, Louisiana Electric Utility

Electricity Rates, Plans & Statistics

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About Morgan City, Louisiana Electric Utility

Morgan City, Louisiana Electric Utility is headquartered in Morgan City, Louisiana and it provides electricity in the residents that call the city home. There are a total of 5,652 customer accounts receiving service from the company. These customer accounts are made up of 80.43% residential customer accounts and 19.57% commercial customers. The average residential electricity rate for patrons of Morgan City, Louisiana Electric Utility is about 12.27 cents per kilowatt hour. Fortunately for their customers, this rate is less than both the Louisiana and the United States average prices of 12.68 and 14.84 cents per kilowatt hour, respectively. There were a total of 157,741 megawatt hours sold to retail accounts in 2019 by the company. The electricity sourced by Morgan City, Louisiana Electric Utility is made up primarily of megawatt hours they purchased via wholesale channels. Of the total electricity sourced by the company, whole purchased made up 100.00%. Morgan City, Louisiana Electric Utility made $17,035,000 in 2019 from retail sales alone.

The Louisiana average monthly residential electricity bill is $153.79, while the Morgan City, Louisiana Electric Utility average is 3.12% higher at $149.67 per month. Morgan City, Louisiana Electric Utility ranks 33rd in the state for average monthly bill total. Electricity production is not part of the Morgan City, Louisiana Electric Utility business plan, as they purchase electricity at wholesale rates to then be resold to their end users.

Morgan City, Louisiana Electric Utility Net Metering

Morgan City, Louisiana Electric Utility, fortunately, offers net metering options to consumers. Net metering allows individuals to sell kilowatt hours back to their provider, which makes the purchase of solar panels and other electricity sources more economically viable.

Morgan City, Louisiana Electric Utility Rate & Electric Bills

Morgan City, Louisiana Electric Utility residential electric rates are highest in January and the highest average bill is in October.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.123/kWh$0.106/kWh$154.65/mo.$125.56/mo.
1457th12.27¢Morgan City, Louisiana Electric Utility's Average residential price per kWh
2502nd$149.67Average monthly electricity bill for Morgan City, Louisiana Electric Utility's residential customers

Morgan City, Louisiana Electric Utility Overview

  • Company Type:Municipal
  • Headquarters:512 1st Street
    Morgan City, Louisiana 70380
    United States of America

Morgan City, Louisiana Electric Utility Contact

Morgan City, Louisiana Electric Utility Service

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    Morgan City, Louisiana Electric Utility Coverage Map

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    Morgan City, Louisiana Electric Utility State Coverage

    StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
    Louisiana5,65216,878,00024100%

    Morgan City, Louisiana Electric Utility County Coverage

    CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
    St. Mary Parish49,818214.87$185.73/mo

    Morgan City, Louisiana Electric Utility Reviews

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    Morgan City, Louisiana Electric Utility FAQ:

    What is the phone number for Morgan City, Louisiana Electric Utility?

    Morgan City, Louisiana Electric Utility's customer service phone number is (985) 385-1770

    What is the average bundled bill for Morgan City, Louisiana Electric Utility customers each month?

    Customers of Morgan City, Louisiana Electric Utility pay, on average, a monthly bundled bill of $149.67.

    What is the average bundled electricity rate for Morgan City, Louisiana Electric Utility customers?

    Morgan City, Louisiana Electric Utility's current average bundled electricity rate is 12.27 cents per kilowatt hour (¢/kWh), compared to the average Louisiana bundled rate of 12.68 cents and the average United States rate of 14.84 cents.

    King Manalo
    Last Reviewed By: King Manalo
    Published: 2022-08-09