About Peru Utilities
Peru Utilities supplies electricity in Miami County, Indiana. The supplier has 13 industrial accounts, 9,073 residential customers and 1,518 commercial customers. Peru Utilities averages 10.82 cents per kilowatt hour billed to their consumers for residential electricity, which is 17.27% lower than Indiana's average price of 13.08 cents. This makes the supplier 27th out of 118 providers in the state for lowest average electricity rate. They had sales of 224,783 megawatt hours in 2020 via retail sales. Of the megawatt hours they sourced, 13 of them were generated by power facilities owned by the supplier and 238,842 megawatt hours were obtained on the wholesale electricity market. In 2020, the company made a total of $22,769,000 from business activities relating to the sale and transfer of electricity. They had 97.80% of their revenue coming from retail sales to end users.
The state average monthly residential electricity bill is $123.54, while the Peru Utilities average is 29.16% below at $89.16 per month. This is the 18th lowest average monthly bill amount for a provider in the state. Electricity production is not part of the Peru Utilities business model, as they purchase power at wholesale rates to then be resold to their customers.
Peru Utilities allows customers of the company to participate in net metering programs. Installation of solar panels and other electricity sources is often prohibitively priced for individuals. Net metering allows purchasers of these electricity sources to sell extra wattage back to their company, making the installation of these alternative sources economically viable .
Peru Utilities recently reported an annual loss of approximately 5.89% of the electricity that they produce. Loss of electricity due to heat dissipation during electricity transmission and other causes is part of operating in the electricity production business and electricity providers are required to report these losses to government agencies who track electricity grid efficiencies. This percentage of energy lost gives them a rank of 47th best out of 112 suppliers reporting energy loss in the state.
Peru Utilities Rate & Electric Bills
Peru Utilities residential electric rates are highest in January and the highest average bill is in October.
Historical Electric Rates:
Peru Utilities Overview
- Company Type:Municipal
- Headquarters:335 East Canal Street
Peru, Indiana 46970
United States of America
- CEO:Mike Biesenbach
Peru Utilities Contact
Peru Utilities's energy loss due to business operations.
Total Energy Loss
1128 National Rank
Peru Utilities Coverage Map
Peru Utilities State Coverage
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Peru Utilities County Coverage
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Peru Utilities Reviews
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Peru Utilities FAQ:
What is the phone number for Peru Utilities?
You can reach Peru Utilities by phone via (765) 473-6681.
How much is the average bundled bill for Peru Utilities customers each month?
Peru Utilities currently has an average monthly bundled electric bill of $89.16, compared to the Indiana average of $123.54 and the United States average of $123.54 for bundled service.
What is the average bundled electricity rate for Peru Utilities customers?
Consumers of Peru Utilities, on average, have an electricity bundled rate 10.82 cents per kilowatt hour (¢/kWh).
Who is the CEO of Peru Utilities?
The CEO of Peru Utilities is Mike Biesenbach.