Primghar, Iowa Electric Utility

About Primghar, Iowa Electric Utility

Primghar, Iowa Electric Utility supplies electricity in O'Brien County, Iowa. Presently, 572 customers receive their electricity from the company. These customers are a mix of 21.50% commercial locations and 78.50% residential properties. On average, Primghar, Iowa Electric Utility's residential electricity rate is 11.78 cents per kilowatt hour. Thankfully for their consumers, this price is lower than both the Iowa and US average prices of 12.89 and 15.64 cents per kilowatt hour, respectively. Approximately 8,991 megawatt hours were sold by the company to retail end users in 2019. The electricity sourced by the provider primarily came from megawatt hours that they acquired via the wholesale electricity market. They purchased 8,991 wholesale megawatt hours. Primghar, Iowa Electric Utility made $910,900 in 2019, which they earned entirely from electricity sales to end users.

Consumers of the supplier pay an average residential electricity bill of $98.99. This is 25.40% less than the United States average of $132.69. The provider currently does not generate any of the electricity that they sell. Instead, they must purchase that electricity at wholesale rates from other suppliers and then resell it at a higher rate to end customers.