New Madrid, Missouri Electric Utility

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About New Madrid, Missouri Electric Utility

New Madrid, Missouri Electric Utility provides electricity in New Madrid, Missouri. Recently, the company reported a customer base of 1,720 accounts, 8 of which are industrial accounts, 267 are commercial customers and 1,445 are residential customers. New Madrid, Missouri Electric Utility averages 7.53 cents per kilowatt hour billed to their customers for residential electricity. Thankfully for their customers, this rate is below both the Missouri and the nationwide average prices of 11.70 and 14.11 cents per kilowatt hour, respectively. In 2019 the company sold 38,763 megawatt hours via retail sales to end users. Wholesale power purchases made up 92.03% of the total electricity sourced by the company and 44,590 megawatt hours were procured on wholesale channels. In 2019, they made a total of $3,136,000 from business activities relating to the sale and transfer of electricity. They had 95.15% of their revenue coming from retail sales to end users.

The average monthly residential electricity bill for a consumer of New Madrid, Missouri Electric Utility is $99.56, while the state average is $123.26. Consumers of the provider pay 18.82% less compared to the rest of the state. The company does not have ownership in any electricity plants and all of the electricity that they sell to their consumers must be purchased from other providers.

New Madrid, Missouri Electric Utility Rate & Electric Bills

New Madrid, Missouri Electric Utility residential electric rates are highest in January and the highest average bill is in May.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.075/kWh$0.072/kWh$101.70/mo.$99.56/mo.
110th7.53¢New Madrid, Missouri Electric Utility's Average residential price per kWh
1047th$99.56Average monthly electricity bill for New Madrid, Missouri Electric Utility's residential customers

New Madrid, Missouri Electric Utility Overview

  • Company Type:Municipal
  • Headquarters:560 Mott Street
    New Madrid, Missouri 63869
    United States of America
  • Director/Superintendent:Pete Taylor

New Madrid, Missouri Electric Utility Contact

New Madrid, Missouri Electric Utility Service

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    New Madrid, Missouri Electric Utility Coverage Map

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    New Madrid, Missouri Electric Utility State Coverage

    StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
    Missouri1,7202,917,00097100%

    New Madrid, Missouri Electric Utility County Coverage

    CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
    New Madrid County16,434612.35$141.45/mo

    New Madrid, Missouri Electric Utility Reviews

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    New Madrid, Missouri Electric Utility FAQ:

    What is the average bundled electricity rate for New Madrid, Missouri Electric Utility customers?

    New Madrid, Missouri Electric Utility's current average bundled electricity rate is 7.53 cents per kilowatt hour (¢/kWh), compared to the average Missouri bundled rate of 11.70 cents and the average United States rate of 14.11 cents.

    How much is the average bundled bill for New Madrid, Missouri Electric Utility customers each month?

    New Madrid, Missouri Electric Utility currently has an average monthly bundled electric bill of $99.56, compared to the Missouri average of $123.26 and the US of $123.26 for bundled service.

    Who is the CEO of New Madrid, Missouri Electric Utility?

    New Madrid, Missouri Electric Utility's CEO is Pete Taylor.

    What is the phone number for New Madrid, Missouri Electric Utility?

    The New Madrid, Missouri Electric Utility phone number is (573) 748-2458.

    Last Reviewed By: Alex Zdanov
    Published: 2022-08-01