Pocahontas, Iowa Electric Utility

About Pocahontas, Iowa Electric Utility

Pocahontas, Iowa Electric Utility provides electricity for Pocahontas, Iowa and is a municipally owned entity. They currently provide electricity to residential, commercial and industrial customer accounts, with a total of 838 residential customers, 190 commercial customers and 10 industrial customers signed on for their services. The average residential electricity price for Pocahontas, Iowa Electric Utility is roughly 10.90 cents per kilowatt hour, which is 30.85% below the nationwide average rate of 15.76 cents. This makes the provider 454th lowest for average electricity price out of 2892 providers in the nation. About 20,995 megawatt hours were sold by the supplier to retail customers in 2019. The electricity sourced by the supplier primarily came from megawatt hours that they acquired by way of wholesale channels. They purchased 22,348 megawatt hours on the wholesale market. The revenue for Pocahontas, Iowa Electric Utility for 2019 from electricity sales was $2,153,000, with 95.54% coming from retail sales to end users.

Patrons of the provider pay an average residential power bill of $82.53. This is 17.22% less than the state average of $105.83. The supplier generates 641st megawatt hours from non-renewable fuel types a year. This ranks them 69th out of 177 suppliers in Iowa. Electricity plants owned or managed by Pocahontas, Iowa Electric Utility generate 10 megawatt hours, which is the 98th highest total in the state out of 3526 suppliers. Pocahontas, Iowa Electric Utility is the 2286th largest electricity company out of 3526 suppliers in the US based on number of customers.