Spanish Fork Power: Rates and Coverage Area

Spanish Fork Power

Electricity Rates, Plans & Statistics

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About Spanish Fork Power

Spanish Fork Power provides electricity in Spanish Fork, Utah. At the time of the most recent government reports, the company reported a total of 14,468 electricity customers signed on to receive electricity from the company. This total is made up of 11 industrial customers, 1,844 commercial customer accounts and 12,613 residential customer accounts. Spanish Fork Power averages 10.05 cents per kilowatt hour charged to their patrons for residential electricity. Luckily for their consumers, this rate is lower than both the state and the national average rates of 11.14 and 15.53 cents per kilowatt hour, respectively. In 2022 they had sales to end customers totaling 292,066 megawatt hours. The purchase of wholesale electricity made up 100.00% of the electricity sourced by the company. The revenue for the company in 2022 from electricity sales was $26,574,000, with 100.00% coming from retail sales to end users.

The average monthly residential power bill for a consumer of Spanish Fork Power is $81.98. The provider currently does not generate their own electricity. Instead, they must purchase that electricity at wholesale prices and then resell it at a higher rate to end users.

Spanish Fork Power Net Metering

Customers of Spanish Fork Power are able to take advantage of net metering solutions, which is a positive for both parties. Net metering makes solar panel purchases more economically feasible as it gives the ability for citizens to sell electricity back to the grid.

Energy Loss

Loss of energy due to heat dissipation during electricity transmission and other causes is part of being in the electricity generation business. Providers must report these losses to government agencies who track electricity grid efficiencies. Spanish Fork Power recently reported an annual loss of roughly 3.96% of the electricity that they generate. The state average for energy loss is 2.56% and the US average is 2.87%. This gives Spanish Fork Power a ranking of 8th best out of 47 electricity companies in Utah and 608th best out of 3518 suppliers in the country.

Spanish Fork Power Rate & Electric Bills

Spanish Fork Power residential electric rates are highest in January and the highest average bill is in September.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.102/kWh$0.094/kWh$81.98/mo.$75.19/mo.
356th10.05¢Spanish Fork Power's Average residential price per kWh
312th$81.98Average monthly electricity bill for Spanish Fork Power's residential customers

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Spanish Fork Power Overview

  • Company Type:Municipal
  • Headquarters:40 South Main Street, Office 210
    Spanish Fork, Utah 84660
    United States of America
  • Director/Superintendent:Jake Theurer

Spanish Fork Power Contact

Spanish Fork Power Service

Energy Loss

Spanish Fork Power's energy loss due to business operations.

-3.96%

Total Energy Loss

12,447MWh

608 National Rank

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Spanish Fork Power Coverage Map

Coverage Map Placeholder

Spanish Fork Power State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
Utah14,46826,574,00012100%

Spanish Fork Power County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Utah County702,434811.49$88.27/mo

Spanish Fork Power Reviews

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Spanish Fork Power FAQ:

Who is the CEO of Spanish Fork Power?

Jake Theurer is the CEO of Spanish Fork Power.

What is the phone number for Spanish Fork Power?

Spanish Fork Power's customer service phone number is (801) 804-4550

What is the average bundled electricity rate for Spanish Fork Power customers?

Consumers of Spanish Fork Power, on average, have an electricity bundled rate 10.05 cents per kilowatt hour (¢/kWh).

What is the average bundled bill for Spanish Fork Power customers each month?

Customers of Spanish Fork Power pay, on average, a monthly bundled bill of $81.98.

Matt Hope
Last Reviewed By: Matt Hope
Published: 2022-08-01