Moundridge, Kansas Electric Utility

About Moundridge, Kansas Electric Utility

Moundridge, Kansas Electric Utility is headquartered in Moundridge, 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 1,152 customers signed up for their services. About 85.68% of these are residential accounts, 11.63% are commercial customers and 2.69% are industrial accounts. Moundridge, Kansas Electric Utility's patrons purchase electricity for, on average, 13.62 cents per kilowatt hour. Luckily for their customers, this price is below both the state and the United States average prices of 14.33 and 16.22 cents per kilowatt hour, respectively. In 2019 they sold 29,153 megawatt hours to end users (known as retail sales). The electricity sourced consisted of megawatt hours purchased by way of the wholesale market. They purchased 31,185 wholesale megawatt hours. The company earned $3,191,000 in 2019, all of which came from sales to retail customers.

The average monthly residential power bill for a consumer of Moundridge, Kansas Electric Utility is $119.32. Patrons of the company pay 16.78% less compared to the rest of the US. Electricity production is not part of the Moundridge, Kansas Electric Utility business plan, as they purchase power at wholesale rates to then be resold to their customers.