Rockford, Iowa Electric Utility
Electricity Rates, Plans & Statistics
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About Rockford, Iowa Electric Utility
Rockford, Iowa Electric Utility is a municipally owned organization providing electricity in Rockford, Iowa and other areas of Floyd County. The most recent data reported by the company showed a customer base of 492 customer accounts. Exactly 413 are residential accounts and 79 are commercial properties. Consumers of Rockford, Iowa Electric Utility spend, on average, 20.00 cents per kilowatt hour for their residential electricity, which is 54.17% above the average Iowa rate of 12.97 cents and 23.33% higher than the nationwide average of 16.22. In 2019 they sold 5,754 megawatt hours to end users (known as retail sales). Electricity production and wholesale power purchases made up 0.23% and 99.77%, respectively, of all electricity sourced by the company. Power plants the company owns generated 14 megawatt hours and an additional 6,186 were purchased by way of the wholesale market. In 2019, the provider made $910,800 in total revenue solely through retail electricity sales.
The average monthly residential power bill for a consumer of Rockford, Iowa Electric Utility is $124.36. Electricity generation is not part of the Rockford, Iowa Electric Utility business model, as they purchase power at wholesale rates from other providers to then be resold to their customers.
Luckily, Rockford, Iowa Electric Utility allows consumers to participate in net metering. Without net metering, solar panel installation is significantly less attractive economically, as consumers have no way to sell excess energy back to their electric company.
Rockford, Iowa Electric Utility Rate & Electric Bills
Rockford, Iowa Electric Utility residential electric rates are highest in May and the highest average bill is in January.
Historical Electricity Rates:
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Rockford, Iowa Electric Utility Overview
- Company Type:Municipal
- Headquarters:18 1st Street South
Rockford, Iowa 50468
United States of America - Director/Superintendent:Cory Murray
Rockford, Iowa Electric Utility Contact
- Website:www.rockfordiowa.org
- Customer Service Phone:(641) 756-2215
- Contact Page:www.rockfordiowa.org
- Social Media:
Rockford, Iowa Electric Utility Service
- Rates & Plans:www.rockfordiowa.org
- States Served:
- Iowa
- Counties Served:
- Floyd County
- Major Cities Served:
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Rockford, Iowa Electric Utility Coverage Map
Rockford, Iowa Electric Utility State Coverage
| State | Customers | Sales ($) | State Rank Based On Revenue | % of Provider's Residential Sales in State |
|---|---|---|---|---|
| Iowa | 492 | 1,068,645.04 | 125 | 100% |
Rockford, Iowa Electric Utility County Coverage
| County | Population | Providers | Avg. County Rate (¢) | Avg. Electric Bill |
|---|---|---|---|---|
| Floyd County | 15,672 | 5 | 15.04 | $185.71/mo |
Rockford, Iowa Electric Utility Reviews
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Rockford, Iowa Electric Utility FAQ:
Who is the CEO of Rockford, Iowa Electric Utility?
The CEO of Rockford, Iowa Electric Utility is Cory Murray.
What is the average bundled bill for Rockford, Iowa Electric Utility customers each month?
The average monthly bundled electric bill for customers of Rockford, Iowa Electric Utility is $124.36. The Iowa average bundled bill is $107.24 and the national average is $107.24.
What is the phone number for Rockford, Iowa Electric Utility?
The Rockford, Iowa Electric Utility phone number is (641) 756-2215.
What is the average bundled electricity rate for Rockford, Iowa Electric Utility customers?
Rockford, Iowa Electric Utility's current average bundled electricity rate is 20.00 cents per kilowatt hour (¢/kWh), compared to the average Iowa bundled rate of 12.97 cents and the average nationwide rate of 16.22 cents.
