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 11.11 and 15.64 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.
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.
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 3517 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:
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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
- Website:www.spanishfork.org
- Customer Service Phone:(801) 804-4550
- Contact Page:www.spanishfork.org
- Social Media:
Spanish Fork Power Service
- Rates & Plans:www.spanishfork.org
- Outage Phone:(801) 804-4440
- States Served:
- Utah
- Counties Served:
- Utah County
- Major Cities Served:
- Spanish Fork
- Palmyra CDP
- Table Of Contents:
Energy Loss
Spanish Fork Power's energy loss due to business operations.
Total Energy Loss
12,447MWh
608 National Rank
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Spanish Fork Power Coverage Map
Spanish Fork Power State Coverage
State | Customers | Sales ($) | State Rank Based On Revenue | % of Provider's Residential Sales in State |
---|---|---|---|---|
Utah | 14,468 | 26,574,000 | 12 | 100% |
Spanish Fork Power County Coverage
County | Population | Providers | Avg. County Rate (¢) | Avg. Electric Bill |
---|---|---|---|---|
Utah County | 702,434 | 8 | 11.50 | $88.74/mo |
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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.