Osage Municipal Utilities

About Osage Municipal Utilities

Osage Municipal Utilities is a municipally owned entity providing electricity in Mitchell County, Iowa. At the moment, 2,405 consumers receive their electricity from the supplier. These customers are a mix of 9 industrial customers, 545 commercial customers and 1,851 residential customers. Consumers of Osage Municipal Utilities are charged an average residential electricity price of 12.68 cents per kilowatt hour, which is 1.62% below the average state rate of 12.89 cents and 18.93% less than the national average of 15.64. Of the 57,249 megawatt hours Osage Municipal Utilities sold and dispossessed, 95.68% were via retail sales. The electricity sourced by Osage Municipal Utilities is made up of multiple sources including megawatt hours they produce and additional megawatt hours purchased by way of the wholesale electricity market. These categories comprise 9.03% and 90.97%, respectively, of the total electricity sourced. In 2019, the provider made a total of $5,233,600 from business activities relating to the sale and transfer of electricity. They had revenue of $4,948,800 from retail sales to end users.

The nationwide average monthly residential electric bill is $132.69, while the Osage Municipal Utilities average is 34.36% less at $87.1 per month. The supplier ranks 12th in Iowa out of 178 suppliers for megawatt hours generated from solar fields. Wind turbines owned by the supplier produce 4,471 megawatt hours, or 82.70% of the electricity production by the provider. Osage Municipal Utilities is the 58th largest supplier out of 178 suppliers in Iowa based on total megawatt hours sold.