New Hampton Electric

Electricity Rates, Plans & Statistics

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New Hampton Electric Rate & Electric Bills

New Hampton Electric residential electric rates are highest in January and the highest average bill is in July.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.100/kWh$0.094/kWh$67.96/mo.$64.99/mo.
477th9.96¢New Hampton Electric's Average residential price per kWh
165th$67.91Average monthly electricity bill for New Hampton Electric's residential customers

About New Hampton Electric

New Hampton Electric is headquartered in New Hampton, Iowa and it supplies electricity in the population who live there. Electricity companies must regularly report the number of customers they have to government agencies. On the most recent reports the company reported a total of 2,445 customers signed on for their services. Approximately 0.53% of these customers are industrial accounts, 31.29% are commercial customer accounts and 68.18% are residential accounts. The average residential electricity price for New Hampton Electric is about 9.96 cents per kilowatt hour, which is 19.56% below the average state price of 12.39 cents and 27.12% lower than the US average of 13.67. There were a total of 58,956 megawatt hours sold to retail consumers in 2019 by the company. Power generation facilities owned by New Hampton Electric generated 851 megawatt hours and an additional 62,563 megawatt hours were acquired on the wholesale electricity market. In 2019, they made a total of $4,563,000 from business activities relating to the sale and transfer of electricity. They had 98.95% of their revenue coming from retail sales to end users.

The state average monthly residential electric bill is $105.04, while the New Hampton Electric average is 30.69% less at $67.91 per month. This is the 6th lowest average monthly bill amount for a supplier in the state. The supplier ranks 19th highest in Iowa out of 177 companies for total megawatt hours produced from the use of natural gas. By megawatt hours generated, New Hampton Electric is the 45th largest electricity company out of 208 providers in Iowa. Electricity plants owned or managed by New Hampton Electric generate 16,424.86 megawatt hours, which is the 482nd highest in the US out of 3510 companies.

New Hampton Electric Net Metering

New Hampton Electric is one of 60 electricity providers in Iowa who offer net metering to their consumers. This makes it cheaper for residents in the area to install solar and other electricity options as they have the ability to sell unneeded kilowatt hours into the grid.

New Hampton Electric Overview

  • Company Type:Municipal
  • Headquarters:112 East Main Street
    New Hampton, Iowa 50659
    United States of America
  • Director/Superintendent:Robert Schwickerath

New Hampton Electric Contact

New Hampton Electric Service

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Quick Facts About New Hampton Electric

New Hampton Electric produces 100.00% of their total electricity production from non-renewable fuels. The total electricity produced from non-renewable sources is 16,424.86 megawatt hours, which is 26th highest out of 177 providers in the state.

New Hampton Electric is 217th in the United States out of 3510 electricity suppliers for total megawatt hours generated from coal.

Energy provider of the year for Iowa, Major Provider Category
Top 3 Lowest Average Residential Monthly Bill
Iowa, Major Provider Category
Claim Award
Energy provider of the year for Iowa, Major Provider Category
Top 3 Lowest Average Residential Monthly Bill
Iowa, Major Provider Category
Claim Award
Energy provider of the year for Iowa, Major Provider Category
Top 3 Lowest Average Residential Monthly Bill
Iowa, Major Provider Category
Claim Award

New Hampton Electric Energy Makeup

New Hampton Electric Coverage Map

Coverage Map Placeholder

New Hampton Electric State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
Iowa2,4454,718,00061100%

New Hampton Electric County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Chickasaw County12,012814.65$190.09/mo

Power Plants Owned by New Hampton Electric

New Hampton Electric Fuel Makeup

COAL
Coal
Coal
Coal
Coal
Coal
Coal
Coal
Coal
Coal
84.49%
DISTILLATE FUEL OIL
Distillate Fuel Oil
Distillate Fuel Oil
14.64%
NATURAL GAS
Natural Gas
0.87%

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New Hampton Electric FAQ:

What is the phone number for New Hampton Electric?

The New Hampton Electric phone number is (641) 394-5906.

Who is the CEO of New Hampton Electric?

New Hampton Electric's CEO is Robert Schwickerath.

How much is the average bundled bill for New Hampton Electric customers each month?

Customers of New Hampton Electric pay, on average, a monthly bundled bill of $67.91.

What percentage of New Hampton Electric's electricity is produced using renewable fuels?

Electric production plants owned by or associated with New Hampton Electric generate 0% of their electricity from renewable fuel types.

How many power plants are owned by or associated with New Hampton Electric?

There are 2 power plants associated with or owned by New Hampton Electric.

What is the average bundled electricity rate for New Hampton Electric customers?

The average bundled rate of electricity for customers of New Hampton Electric is 9.96 cents per kilowatt hour (¢/kWh).

What percentage of New Hampton Electric's electricity is generated from nonrenewable fuel sources?

Electric generation plants owned by or associated with New Hampton Electric generate 100.00% of their electricity from nonrenewable fuel types.

Last Reviewed By: Matt Hope
Published: 2022-08-01