Mount Vernon Electric: Rates and Coverage Area

Mount Vernon Electric

Electricity Rates, Plans & Statistics

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About Mount Vernon Electric

Mount Vernon Electric supplies electricity in Mount Vernon, Missouri. The supplier recently disclosed a total of 20 industrial customers, 290 commercial customers and 1,929 residential customers, which makes up the entirety of their customers. Customers of Mount Vernon Electric pay an average residential electricity rate of 11.02 cents per kilowatt hour . This is below both the Missouri and the US average rates of 12.51 and 15.64 cents per kilowatt hour, respectively. A total of 58,059 megawatt hours were sold through retail sales in 2019 by the supplier. The megawatt hours sourced by the company primarily came from megawatt hours that they purchased via wholesale channels. They purchased 65,713 wholesale megawatt hours. Their total revenue for 2019 from electricity activities was $7,036,000, the entirety of which came from retail sales to end users.

The state average monthly residential electricity bill is $126.23, while the Mount Vernon Electric average is 29.38% less at $87.25 per month. This is the 5th lowest average monthly bill amount for a supplier in the state. The supplier currently does not generate any of the electricity that they sell. Instead, they must purchase that electricity at wholesale prices from other suppliers and then resell it to end users.

Mount Vernon Electric Net Metering

Mount Vernon Electric offers net metering choices to consumers. This is a positive for any consumer potentially purchasing personal solar panels, as net metering allows them to sell their unused megawatt hours into the grid.

Mount Vernon Electric Rate & Electric Bills

Mount Vernon Electric residential electric rates are highest in January and the highest average bill is in September.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.125/kWh$0.110/kWh$105.48/mo.$86.59/mo.
621st11.02¢Mount Vernon Electric's Average residential price per kWh
451st$87.25Average monthly electricity bill for Mount Vernon Electric's residential customers

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Mount Vernon Electric Overview

  • Company Type:Municipal
  • Headquarters:319 East Dallas Street
    Mount Vernon, Missouri 65712
    United States of America
  • Director/Superintendent:Paul Piepenbrink

Mount Vernon Electric Contact

Mount Vernon Electric Service

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    Mount Vernon Electric Coverage Map

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    Mount Vernon Electric State Coverage

    StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
    Missouri2,2396,299,00077100%

    Mount Vernon Electric County Coverage

    CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
    Lawrence County38,123413.62$150.33/mo

    Mount Vernon Electric Reviews

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    Mount Vernon Electric FAQ:

    Who is the CEO of Mount Vernon Electric?

    The CEO of Mount Vernon Electric is Paul Piepenbrink.

    What is the phone number for Mount Vernon Electric?

    Mount Vernon Electric's customer service phone number is (417) 466-2122

    How much is the average bundled bill for Mount Vernon Electric customers each month?

    Customers of Mount Vernon Electric pay, on average, a monthly bundled bill of $87.25.

    What is the average bundled electricity rate for Mount Vernon Electric customers?

    The average bundled rate of electricity for customers of Mount Vernon Electric is 11.02 cents per kilowatt hour (¢/kWh).

    King Manalo
    Last Reviewed By: King Manalo
    Published: 2023-11-05