Spencer Municipal Utilities

Electricity Rates, Plans & Statistics

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Spencer Municipal Utilities Rate & Electric Bills

Spencer Municipal Utilities residential electric rates are highest in January and the highest average bill is in March.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.086/kWh$0.081/kWh$87.12/mo.$82.58/mo.
175th8.37¢Spencer Municipal Utilities' Average residential price per kWh
497th$83.5Average monthly electricity bill for Spencer Municipal Utilities' residential customers

About Spencer Municipal Utilities

Spencer Municipal Utilities provides electricity in Spencer, Iowa. At the time of the most recent government reports, the supplier had a total of 6,483 electricity customers receiving their services. This total is made up of 0.05% industrial customer accounts, 16.67% commercial accounts and 83.28% residential accounts. Patrons of Spencer Municipal Utilities are charged an average residential electricity price of 8.37 cents per kilowatt hour. Fortunately, this is 32.42% below the state's average rate of 12.39 cents, which ranks the supplier 10th best for average electricity rate out of 183 companies in Iowa. Of the 268,505 megawatt hours Spencer Municipal Utilities sold and dispossessed, 96,407 were via wholesale channels. Power plants owned by the company generated 64,517 megawatt hours and an additional 203,988 megawatt hours were purchased by way of the wholesale electricity market. In 2019, the supplier had revenue of $12,249,800 from retail electricity sales and $1,933,600 on the wholesale electricity market.

The average monthly residential power bill for a consumer of Spencer Municipal Utilities is $83.5. Patrons of the company enjoy a 17.81% markdown compared to the rest of the state. Generation by the provider from natural gas totals 17.07 megawatt hours, which is about 0.04% of their total generation. Electricity production facilities owned by the company use non-renewable fuel sources to generate 100.00% of their total electricity production, or 45,195.98 megawatt hours. This amount ranks them at 19th out of 177 providers in Iowa. The supplier ranks as the 205th highest producer of megawatt hours created using coal out of 3510 electricity providers in the country.

Spencer Municipal Utilities Overview

  • Company Type:Municipal
  • Headquarters:520 2nd Avenue East, Suite 1
    Spencer, Iowa 51301
    United States of America
  • Director/Superintendent:Steve Pick

Spencer Municipal Utilities Contact

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Quick Facts About Spencer Municipal Utilities

Spencer Municipal Utilities is the 25th largest electricity company out of 177 providers in Iowa based on total megawatt hours sold.

Spencer Municipal Utilities has the 412th largest total electricity production in the country, producing 45,195.98 megawatt hours.

Energy provider of the year for Iowa, Major Provider Category
Top 3 Lowest Residential Electricity Rate
Iowa, Major Provider Category
Claim Award

Spencer Municipal Utilities Energy Makeup

Spencer Municipal Utilities Coverage Map

Coverage Map Placeholder

Spencer Municipal Utilities State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
Iowa6,48312,284,90034100%

Spencer Municipal Utilities County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Clay County16,384413.19$174.42/mo

Power Plants Owned by Spencer Municipal Utilities

Spencer Municipal Utilities Fuel Makeup

COAL
Coal
Coal
Coal
Coal
Coal
Coal
Coal
Coal
Coal
Coal
99.29%
DISTILLATE FUEL OIL
Distillate Fuel Oil
0.67%
NATURAL GAS
Natural Gas
0.04%

Spencer Municipal Utilities Reviews

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Spencer Municipal Utilities FAQ:

What is the phone number for Spencer Municipal Utilities?

The Spencer Municipal Utilities phone number is (712) 580-5800.

What is the average bundled bill for Spencer Municipal Utilities customers each month?

Spencer Municipal Utilities currently has an average monthly bundled electric bill of $83.50, compared to the Iowa average of $105.04 and the United States average of $105.04 for bundled service.

Who is the CEO of Spencer Municipal Utilities?

Spencer Municipal Utilities' CEO is Steve Pick.

How many power plants are owned by or associated with Spencer Municipal Utilities?

Spencer Municipal Utilities is associated with or owns 2 power plants.

What percentage of Spencer Municipal Utilities' electricity is generated from renewable fuel types?

Power plants owned by or associated with Spencer Municipal Utilities produce 0% of their electricity from renewable fuel types.

What is the average bundled electricity rate for Spencer Municipal Utilities customers?

The average bundled rate of electricity for customers of Spencer Municipal Utilities is 8.37 cents per kilowatt hour (¢/kWh).

What percentage of Spencer Municipal Utilities' electricity is produced from nonrenewable fuels?

Spencer Municipal Utilities generates 100.00% of their electricity using nonrenewable fuels.

Last Reviewed By: Nick Reese
Published: 2022-08-01