Paullina, Iowa Electric Utility

About Paullina, Iowa Electric Utility

Paullina, Iowa Electric Utility supplies electricity in O'Brien County, Iowa. Presently, 660 consumers are supplied electricity by the supplier. These customers are a mix of 20.76% commercial customer accounts and 79.24% residential locations. Paullina, Iowa Electric Utility charges their consumers a residential electricity rate of 9.31 cents per kilowatt hour on average, which is 40.43% less than the nationwide average price of 15.64 cents. This ranks the company 251st lowest for average electricity price out of 2893 companies in the US. Of the 10,531 megawatt hours the supplier sold and dispossessed, 91.05% were from sales to end users. During the same timeframe, the supplier procured 10,636 megawatt hours via wholesale electricity channels. In 2019, the company made a total of $967,000 from business activities relating to the sale and transfer of electricity. They had 99.17% of their revenue coming from retail sales to end users.

Consumers of the company have an average residential power bill of $75.29. This is 23.82% less than the state average bill of $106.9. The company currently does not generate their own electricity. Instead, they must purchase that electricity at wholesale prices from other companies and then resell it at a higher rate to end consumers.