New Madrid, Missouri Electric Utility

About New Madrid, Missouri Electric Utility

The provider has a total of 1,720 electricity customers. There are 8 industrial customers, 267 commercial customers and 1,445 residential customer accounts. New Madrid, Missouri Electric Utility has an average residential electricity price of 7.53 cents per kilowatt hour, which is 43.21% lower than the US average price of 13.26 cents. This ranks the company 134th best for average electricity price out of 2922 companies in the country. There were a total of 38,763 megawatt hours sold to retail consumers in 2019 by the company. Wholesale power purchases made up 92.03% of the total electricity sourced and 44,590 megawatt hours were procured by way of the wholesale electricity market. In 2019, the supplier had revenue of $2,984,000 from retail electricity sales.

Patrons of the provider have an average monthly residential power bill of $99.56. This is 15.58% below the nationwide average bill of $117.93. Electricity generation is not handled in house at the company, as they purchase electricity at wholesale rates from other suppliers to then be resold to their consumers.

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 Electric Rates:

Price Per kWHAverage Bill$0.075/kWh$0.072/kWh$101.70/mo.$99.56/mo.
134th7.53¢New Madrid, Missouri Electric Utility's Average residential price per kWh
1115th$99.56Average monthly electric 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
  • CEO:Pete Taylor

New Madrid, Missouri Electric Utility Contact

New Madrid, Missouri Electric Utility Service

    Energy provider of the year for Missouri, Mid-Sized Provider Category
    Top 3 Lowest Residential Electricity Rate
    Missouri, Mid-Sized Provider Category
    Claim Award

    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%

    Cities New Madrid, Missouri Electric Utility Has Coverage

    • Howardville, MO
    • New Madrid, MO

    * City coverage generated based on government data. Always verify you can get service from the provider.

    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?

    The average bundled rate of electricity for consumers of New Madrid, Missouri Electric Utility is 7.53 cents per kilowatt hour (¢/kWh).

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

    The current CEO of New Madrid, Missouri Electric Utility is Pete Taylor.

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

    Consumers of New Madrid, Missouri Electric Utility pay, on average, a monthly bundled bill of $99.56.

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

    New Madrid, Missouri Electric Utility's customer service phone number is (573) 748-2458

    What cities does New Madrid, Missouri Electric Utility have customers in in?

    New Madrid, Missouri Electric Utility serves 2 cities in the United States including, Missouri.

    Last Reviewed By: Alex Zdanov
    Published: 2021-03-16Last Updated: 2021-12-31