Preston, Iowa Electric Utility
Electricity Rates, Plans & Statistics
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About Preston, Iowa Electric Utility
Preston, Iowa Electric Utility is a municipally owned organization serving Preston, Iowa. There are a total of 622 customers receiving service from the supplier. These customers are made up of 475 residential customers and 147 commercial properties. On average, Preston, Iowa Electric Utility bills their customers a residential electricity rate of 16.47 cents per kilowatt hour. This is 26.92% more than the state's average price of 12.97 cents, resulting in the company ranking 159th out of 183 suppliers in the state for lowest average electricity rate. In 2023 Preston, Iowa Electric Utility had retail sales of 7,199 megawatt hours. The electricity sourced by Preston, Iowa Electric Utility is made up of primarily wholesale purchased megawatt hours, with 7,562 megawatt hours purchased by the company. They earned $1,018,600 in 2023 from retail sales alone.
The state average monthly residential electricity bill is $107.24, while the Preston, Iowa Electric Utility average is 3.79% higher at $112.68 per month. Preston, Iowa Electric Utility is the 98th ranked supplier in the state for average monthly bill total. Electricity production facilities owned or managed by the provider use non-renewable fuels to generate 100.00% of their total electricity production, or 54 megawatt hours. They rank 554th in the country out of 3530 companies. Electricity production is not handled in house at the company, as they purchase electricity at wholesale rates and then resell to their consumers. Preston, Iowa Electric Utility ranks as the 770th highest electricity producer in the nation out of 3530 suppliers.
Preston, Iowa Electric Utility allows customers of the company to participate in net metering programs. Without net metering, solar panel purchased are significantly less attractive economically, as citizens have no way to sell extra energy back to their electric company.
All companies who generate electricity have some energy loss via heat dissipation or alternative causes. Preston, Iowa Electric Utility is no different, as they average a yearly loss of approximately 4.80% of the total electricity they generate. This percentage of loss results in them receiving a ranking of 1008th best out of 3530 suppliers who report energy loss in the country and 28th best out of 177 in Iowa.
Preston, Iowa Electric Utility Rate & Electric Bills
Preston, Iowa Electric Utility residential electric rates are highest in September and the highest average bill is in January.
Historical Electricity Rates:
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Preston, Iowa Electric Utility Overview
- Company Type:Municipal
- Headquarters:1 West Gillet Street
Preston, Iowa 52069
United States of America - Director/Superintendent:Tyler Sieverding
Preston, Iowa Electric Utility Contact
- Website:www.prestoniowa.com
- Customer Service Phone:(563) 689-3081
- Contact Page:www.prestoniowa.com
- Social Media:
Preston, Iowa Electric Utility Service
- States Served:
- Iowa
- Counties Served:
- Jackson County
- Major Cities Served:
Quick Facts About Preston, Iowa Electric Utility
Preston, Iowa Electric Utility produces 22.11 megawatt hours from the use of natural gas and ranks 28th out of 177 providers in the state for total natural gas generation.
Preston, Iowa Electric Utility is the 2550th largest electricity company out of 3530 providers in the country based on number of customers.
Energy Loss
Preston, Iowa Electric Utility's energy loss due to business operations.
Total Energy Loss
363MWh
1008 National Rank
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Preston, Iowa Electric Utility Coverage Map
Preston, Iowa Electric Utility State Coverage
| State | Customers | Sales ($) | State Rank Based On Revenue | % of Provider's Residential Sales in State |
|---|---|---|---|---|
| Iowa | 622 | 1,124,631.35 | 122 | 100% |
Preston, Iowa Electric Utility County Coverage
| County | Population | Providers | Avg. County Rate (¢) | Avg. Electric Bill |
|---|---|---|---|---|
| Jackson County | 19,499 | 6 | 14.61 | $143.05/mo |
Preston, Iowa Electric Utility Reviews
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Preston, Iowa Electric Utility FAQ:
What is the average bundled electricity rate for Preston, Iowa Electric Utility customers?
The average bundled price of electricity for consumers of Preston, Iowa Electric Utility is 16.47 cents per kilowatt hour (¢/kWh).
What percentage of Preston, Iowa Electric Utility's electricity is produced using nonrenewable fuels?
Power facilities owned by or associated with Preston, Iowa Electric Utility generate 100.00% of their electricity using nonrenewable fuel types.
Who is the CEO of Preston, Iowa Electric Utility?
Preston, Iowa Electric Utility's current CEO is Tyler Sieverding.
What percentage of Preston, Iowa Electric Utility's electricity is generated using renewable fuel types?
Preston, Iowa Electric Utility generates 0% of their electricity using renewable fuel types.
What is the phone number for Preston, Iowa Electric Utility?
Preston, Iowa Electric Utility's customer service phone number is (563) 689-3081
What is the average bundled bill for Preston, Iowa Electric Utility customers each month?
Currently, the average monthly bundled electric bill for customers of Preston, Iowa Electric Utility is $112.68. The state average bundled bill is $107.24 and the national average is $107.24.
