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 15.66 cents per kilowatt hour. Regrettably for their consumers, this rate is higher than both the state and nationwide average prices of 12.68 and 13.33 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.

About Southern Iowa Elec Cooperative

The average monthly residential power bill for a customer of Southern Iowa Elec Cooperative is $173.61 per month, while the US average is $120.11. Customers of the supplier have a 44.54% markup compared to the rest of the nation. The generation of megawatt hours sold by Southern Iowa Elec Cooperative emits approximately 33,786,476.74 kilograms of CO2 emissions. The generation of megawatt hours recently sold by the company resulted in CO2 emission amounts that were 730,352.31 kilograms (2.12%) lower than the levels from the previous 12 months.

Southern Iowa Elec Cooperative Net Metering

Consumers of Southern Iowa Elec Cooperative are not able to participate in net metering offerings. Installation of solar panels and other electricity sources is often too expensive for residents. Net metering would allow purchasers of these electricity sources to sell excess megawatt hours back to the grid, making the installation of these alternative sources economically feasible .

Energy Loss

Providers routinely report energy lost through electricity transmission to government agencies who track electricity grid efficiencies. Southern Iowa Elec Cooperative recently reported a loss of 3.75% of their electricity production amount. The state average for energy loss is 3.00% and the United States average is 2.72%. This results in Southern Iowa Elec Cooperative getting a ranking of 92nd worst out of 256 electricity companies in the state and 1791st worst out of 3511 providers in the United States.

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.
2836th15.66¢Southern Iowa Elec Cooperative's Average residential price per kWh
3033rd$173.61Average monthly electric bill for Southern Iowa Elec Cooperative's residential customers

Southern Iowa Elec Cooperative Overview

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

Southern Iowa Elec Cooperative Contact

Southern Iowa Elec Cooperative Service

Quick Facts About Southern Iowa Elec Cooperative

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Southern Iowa Elec Cooperative does not generate any of their own electricity and instead purchases directly from other providers at wholesale prices to be resold to their consumers.

Energy Loss

Southern Iowa Elec Cooperative's energy loss due to business operations.

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Total Energy Loss

4,614MWh

1791 National Rank

Southern Iowa Elec Cooperative Coverage Map

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Southern Iowa Elec Cooperative State Coverage

StateArrow UpArrow pointing upwards.CustomersArrow UpArrow pointing upwards.Sales ($)Arrow UpArrow pointing upwards.State Rank Based On RevenueArrow UpArrow pointing upwards.% of Provider's Residential Sales in StateArrow UpArrow pointing upwards.
Iowa4,73111,149,80041100%

Southern Iowa Elec Cooperative County Coverage

CountyArrow UpArrow pointing upwards.PopulationArrow UpArrow pointing upwards.ProvidersArrow UpArrow pointing upwards.Avg. County Rate (¢)Arrow UpArrow pointing upwards.Avg. Electric BillArrow UpArrow pointing upwards.
Appanoose County12,426314.50$124.86/mo
Davis County9,000215.87$147.92/mo
Van Buren County7,044414.00$121.16/mo
Wapello County34,969414.28$121.20/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 electricity rate for Southern Iowa Elec Cooperative customers?

Southern Iowa Elec Cooperatives current average electricity rate is 15.66 cents per kilowatt hour (¢/kWh), compared to the average Iowa rate of 12.68 cents and the average national rate of 13.33 cents.

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

Southern Iowa Elec Cooperative offers service in 4 countiesUS 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 bill for Southern Iowa Elec Cooperative customers each month?

Southern Iowa Elec Cooperative currently has an average monthly electric bill of $173.61, compared to the Iowa average of $108.81 and the United States average of $108.81.

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: 2021-08-25