Mount Vernon Electric

About Mount Vernon Electric

The company has 2,239 customers. There are 1,929 residential customers, 290 commercial customers and 20 industrial customer accounts. Mount Vernon Electric's consumers pay an average residential electricity rate of 11.95 cents per kilowatt hour, which is 9.93% lower than the average US price of 13.26 cents. The supplier sold 58,059 megawatt hours by way of retail sales in 2019. The electricity they sourced was made up of megawatt hours that they purchased on wholesale channels. They purchased 65,713 on the wholesale market. Their total revenue in 2019 from electricity related activities was $7,036,000, with 100.00% coming from retail sales to end users.

The average residential electric bill for a consumer of Mount Vernon Electric is $86.59 per month, while the national average is $117.93. Customers of the company enjoy a 26.58% discount compared to other citizens of the nation. The supplier currently does not generate their own electricity. Instead, they must purchase that electricity at wholesale rates from other suppliers and then resell it at a higher rate to end users.

Mount Vernon Electric Net Metering

Mount Vernon Electric is one of 92 electric providers in Missouri who offer net metering to their consumers. Net metering allows individuals to sell megawatt hours back to their electricity supplier, making the purchase of solar and other alternative electricity sources a cheaper endeavor.

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 Electric Rates:

Price Per kWHAverage Bill$0.122/kWh$0.119/kWh$105.48/mo.$86.59/mo.
1491st11.95¢Mount Vernon Electric's Average residential price per kWh
655th$86.59Average monthly electric bill for Mount Vernon Electric's residential customers

Mount Vernon Electric Overview

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

Mount Vernon Electric Contact

Mount Vernon Electric Service

    Energy provider of the year for Missouri, Mid-Sized Provider Category
    Top 3 Lowest Average Residential Monthly Bill
    Missouri, Mid-Sized Provider Category
    Claim Award

    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
    Missouri2,2396,251,00073100%

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    Mount Vernon Electric FAQ:

    Who is the CEO of Mount Vernon Electric?

    Paul Piepenbrink is the CEO of Mount Vernon Electric.

    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?

    Mount Vernon Electric currently has an average monthly bundled electric bill of $86.59, compared to the Missouri average of $114.42 and the nationwide of $114.42 for bundled service.

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

    The average bundled price of electricity for customers of Mount Vernon Electric is 11.95 cents per kilowatt hour (¢/kWh).

    Last Reviewed By: King Manalo
    Published: 2021-03-16Last Updated: 2022-01-05