Southern Iowa Elec Cooperative: Rates and Coverage Area

Southern Iowa Elec Cooperative

Electricity Rates, Plans & Statistics

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About Southern Iowa Elec Cooperative

Southern Iowa Elec Cooperative operates in 3 cities throughout Iowa and is considered an electricity cooperative. Electricity companies must regularly report the number of customers they have to government agencies. In the most recent report the company reported 4,774 customers signed up for their services. Exactly 3 of these customers are industrial accounts, 168 are commercial customers and 4,603 are residential accounts. The average residential electricity rate for patrons of Southern Iowa Elec Cooperative is roughly 15.62 cents per kilowatt hour, which is, sadly, 0.24% higher than the average national price of 15.59 cents. They sold 40,450 megawatt hours through wholesale channels to other electricity providers in 2019. The electricity sourced by Southern Iowa Elec Cooperative is made up of primarily wholesale purchased megawatt hours, with 123,169 purchased by the company. In 2019, the supplier made 81.34% of their revenue from retail electricity sales and 18.66%from wholesale customers.

The Iowa average monthly residential electric bill is $107.72, while the Southern Iowa Elec Cooperative average is 49.98% higher at $174.3 per month. Southern Iowa Elec Cooperative ranks 163rd in the state for average monthly bill amount. The provider is not associated with any electricity facilities and all of the megawatt hours that they sell to their customers must be purchased from other providers.

Southern Iowa Elec Cooperative Rate & Electric Bills

Southern Iowa Elec Cooperative residential electric rates are highest in January and the highest average bill is in August.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.160/kWh$0.156/kWh$176.47/mo.$166.17/mo.
2420th15.62¢Southern Iowa Elec Cooperative's Average residential price per kWh
2671st$174.3Average monthly electricity bill for Southern Iowa Elec Cooperative's residential customers

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Southern Iowa Elec Cooperative Overview

  • Company Type:Cooperative
  • Headquarters:22458 IA-2
    Bloomfield, Iowa 52537
    United States of America
  • CEO:Greg Proctor

Southern Iowa Elec Cooperative Contact

Southern Iowa Elec Cooperative Service

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Southern Iowa Elec Cooperative Coverage Map

Coverage Map Placeholder

Southern Iowa Elec Cooperative State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
Iowa4,77411,294,40039100%

Southern Iowa Elec Cooperative County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Appanoose County12,310315.30$138.56/mo
Davis County9,066315.74$170.98/mo
Van Buren County7,196415.11$158.44/mo
Wapello County35,343416.40$147.48/mo

Cities Southern Iowa Elec Cooperative Has Coverage

* City coverage generated based on government data. Always verify you can get service from the provider.

Southern Iowa Elec Cooperative Reviews

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Southern Iowa Elec Cooperative FAQ:

How much is the average bundled bill for Southern Iowa Elec Cooperative customers each month?

Southern Iowa Elec Cooperative currently has an average monthly bundled electric bill of $174.30, compared to the Iowa average of $107.72 and the US of $107.72 for bundled service.

What is the phone number for Southern Iowa Elec Cooperative?

The Southern Iowa Elec Cooperative phone number is (641) 664-2277.

Who is the CEO of Southern Iowa Elec Cooperative?

Southern Iowa Elec Cooperative's CEO is Greg Proctor.

How many counties does Southern Iowa Elec Cooperative provider electricity to?

Southern Iowa Elec Cooperative sells electricity to customers in 4 counties throughout the United States including Iowa.

What is the average bundled electricity rate for Southern Iowa Elec Cooperative customers?

The average bundled rate of electricity for consumers of Southern Iowa Elec Cooperative is 15.62 cents per kilowatt hour (¢/kWh).

What cities does Southern Iowa Elec Cooperative provider electricity in?

Southern Iowa Elec Cooperative supplies in 3 cities throughout the United States including Iowa.

King Manalo
Last Reviewed By: King Manalo
Published: 2024-01-31