Rock Rapids Utilities

About Rock Rapids Utilities

Rock Rapids Utilities provides electricity in Rock Rapids, Iowa. At the moment, there are 1,496 customers of the supplier. Exactly 1,214 of them are residential customers, 273 are commercial customers and 9 of them are industrial properties. The average residential electricity price for patrons of Rock Rapids Utilities is around 9.84 cents per kilowatt hour, which is 24.16% lower than the state's average price of 12.97 cents and 39.33% below the national average of 16.22 cents. In 2019 they had sales to end users totaling 28,499 megawatt hours. The electricity sourced was made up of megawatt hours that they purchased via the wholesale market. They purchased 29,976 wholesale megawatt hours. Rock Rapids Utilities earned $2,404,800 in 2019, which they earned entirely through electricity sales to end users.

Consumers of the supplier have an average residential electricity bill of $90.7. This is 36.74% lower than the nationwide average of $143.38. The supplier produces 638th megawatt hours from non-renewable fuel types per year. This ranks them 638th out of 3530 providers in the nation. Rock Rapids Utilities is the 73rd largest electricity company out of 177 providers in Iowa based on total megawatt hours sold. The company currently does not produce any of the electricity that they sell. Instead, they must purchase that electricity at wholesale rates from other companies and then resell it at a higher rate to end users.