Pella Electric

About Pella Electric

Pella Electric serves electricity to Pella, Iowa and is a municipally owned entity. On average, Pella Electric bills their customers a residential electricity rate of 12.59 cents per kilowatt hour, which is, thankfully for their consumers, 22.36% below the average US rate of 16.22 cents. The company had total sales and disposition of 192,767 megawatt hours in 2019, of which 94.34% were via retail sales. Electricity production facilities owned by the company produced 0.14% of the megawatt hours sourced by the company and an additional 99.86% was procured via wholesale channels. In 2019, the provider had revenue of $16,622,200 from retail electricity sales to end users and $186,100from wholesale customers.

Customers of the provider have an average residential electric bill of $91.59. This is 36.12% less than the United States average bill of $143.38. The provider currently does not produce their own electricity. Instead, they must purchase that electricity at wholesale prices from other providers and then resell it to end users. Pella Electric produces 291 megawatt hours from their production facilities, which ranks them as the 688th largest generator of electricity out of 3530 electricity suppliers in the nation. The company produces 467th megawatt hours from non-renewable fuels each year, ranking them 467th in the country out of 3530 providers.