Readlyn, Iowa Electric Utility

About Readlyn, Iowa Electric Utility

Readlyn, Iowa Electric Utility is headquartered in Readlyn, Iowa and it serves the population there. They currently supply electricity to residential and commercial customers, with a total of 30 commercial customer accounts and 346 residential customer accounts signed on for their services. Readlyn, Iowa Electric Utility averages 13.27 cents per kilowatt hour charged to their consumers for residential electricity, which is 15.12% less than the national average rate of 15.64 cents. This ranks the supplier 1627th out of 2893 providers in the country for best average electricity price. In 2019 Readlyn, Iowa Electric Utility had sales to end users totaling 5,288 megawatt hours. Of the megawatt hours they sourced, 5,636 megawatt hours were acquired on wholesale channels. The supplier earned $713,000 in 2019, which came entirely from sales to retail customers.

Customers of the supplier have an average monthly residential power bill of $113.17. This is 14.72% below the nationwide average bill of $132.69. The provider does not have ownership in any electricity production plants and all of the electricity that they sell to their customers must be purchased from other suppliers.