Palmyra, Missouri Electric Utility

About Palmyra, Missouri Electric Utility

Palmyra, Missouri Electric Utility is an electric cooperative providing electricity in Marion County, Missouri. At the moment, 1,866 consumers receive their electricity from the supplier. These customers are a mix of 5 industrial customers, 251 commercial customers and 1,610 residential customers. Consumers of Palmyra, Missouri Electric Utility are charged an average residential electricity price of 13.11 cents per kilowatt hour, which is 4.82% above the average state rate of 12.51 cents. Of the 33,336 megawatt hours Palmyra, Missouri Electric Utility sold and dispossessed, 92.16% were via retail sales. The electricity sourced by Palmyra, Missouri Electric Utility 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 4.75% and 95.25%, respectively, of the total electricity sourced. They made $3,546,900 in total revenue for 2019 through retail electricity sales alone.

The nationwide average monthly residential electric bill is $132.69, while the Palmyra, Missouri Electric Utility average is 12.95% less at $115.51 per month. The provider does not have ownership in any electricity generation facilities and all of the power that they sell to their customers must be purchased from other companies.