Southern Iowa Elec Cooperative

About Southern Iowa Elec Cooperative

Southern Iowa Elec Cooperative is an electricity cooperative. The largest county serviced by Southern Iowa Elec Cooperative is Wapello County, but the company also operates in in 4 counties in Iowa. Presently, 4,731 consumers are supplied electricity by the company. These customers are a mix of 3 industrial locations, 166 commercial customers and 4,562 residential properties. Southern Iowa Elec Cooperative's average residential electricity price per kilowatt hour is 15.86 cents per kilowatt hour. Regrettably for their consumers, this rate is higher than both the state and nationwide average prices of 12.69 and 13.26 cents per kilowatt hour, respectively. Of the 123,169 megawatt hours Southern Iowa Elec Cooperative sold and dispossessed, 63.00% were from retail sales and 32.84% were from wholesale sales to other electricity providers. The electricity sourced by the company primarily came from megawatt hours that they purchased by way of wholesale channels. They purchased 123,169 on the wholesale market. The revenue for the company for 2019 from electricity sales was $13,707,700, with $2,557,900 coming from sales to the wholesale market and $11,149,800 from retail sales to end users.

The average monthly residential power bill for a customer of Southern Iowa Elec Cooperative is $169.66 per month, while the US average is $117.93. Customers of the supplier have a 43.86% markup compared to the rest of the nation. Electricity production is not handled in house at the company, as they purchase power at wholesale rates from other companies and then resell to their customers.

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 Electric Rates:

Price Per kWHAverage Bill$0.160/kWh$0.157/kWh$176.47/mo.$166.17/mo.
2669th15.86¢Southern Iowa Elec Cooperative's Average residential price per kWh
2818th$169.66Average monthly electric bill for Southern Iowa Elec Cooperative's residential customers

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

Southern Iowa Elec Cooperative Coverage Map

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Southern Iowa Elec Cooperative State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
Iowa4,73110,895,80038100%

Southern Iowa Elec Cooperative County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Appanoose County12,426314.57$122.82/mo
Davis County9,000314.90$132.28/mo
Van Buren County7,044414.14$119.06/mo
Wapello County34,969414.45$121.31/mo

Cities Southern Iowa Elec Cooperative Has Coverage

  • Blakesburg, IA
  • Bloomfield, IA
  • Cantril, IA
  • Chillicothe, IA
  • Drakesville, IA
  • Eddyville, IA
  • Floris, IA
  • Milton, IA
  • Ottumwa, IA
  • Pulaski, IA

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

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Southern Iowa Elec Cooperative FAQ:

Who is the CEO of Southern Iowa Elec Cooperative?

Greg Proctor is the CEO of Southern Iowa Elec Cooperative.

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

Southern Iowa Elec Cooperatives current average bundled electricity rate is 15.86 cents per kilowatt hour (¢/kWh), compared to the average Iowa bundled rate of 12.69 cents and the average national rate of 13.26 cents.

How many counties does Southern Iowa Elec Cooperative offer service in?

Southern Iowa Elec Cooperative offers service in 4 counties in the nation.

What is the phone number for Southern Iowa Elec Cooperative?

You can reach Southern Iowa Elec Cooperative by phone via (641) 664-2277.

What 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 $169.66, compared to the Iowa average of $109.37 and the United States average of $109.37 for bundled service.

What cities does Southern Iowa Elec Cooperative supply electricity to?

Southern Iowa Elec Cooperative has customers in 10 cities in the nation.

Last Reviewed By: King Manalo
Published: 2021-03-16Last Updated: 2022-01-07