Spring City, Utah Electric Utility

About Spring City, Utah Electric Utility

A total of 593 customers (94.77% residential customers, 4.89% commercial accounts and 0.34% industrial customers) receive electricity from the company. Spring City, Utah Electric Utility's patrons pay an average residential electricity rate of 8.28 cents per kilowatt hour. This is 37.60% less than the US average rate of 13.26 cents, resulting in the provider ranking 194th best for average electricity rate out of 2922 providers in the US. In 2019 they sold 4,290 megawatt hours to end users (known as retail sales). The megawatt hours sourced by the company came from a blend of electricity production from electricity plants owned by Spring City, Utah Electric Utility and additional megawatt hours that they acquired on wholesale channels. They purchased 3,494 wholesale megawatt hours. They made $362,600 in 2019, all of which came from electricity sales to end users.

Patrons of the supplier pay an average residential electric bill of $49.68. This is 57.87% lower than the United States average bill of $117.93. The supplier currently does not generate their own electricity. Instead, they must purchase that electricity at wholesale rates and then resell it at a higher rate to end consumers.

Spring City, Utah Electric Utility Net Metering

Thankfully, Spring City, Utah Electric Utility allows their consumers to take part in net metering. This makes it easier for people to install solar and other alternative electricity options as they have the ability to sell unneeded electricity back into the grid.

Spring City, Utah Electric Utility Rate & Electric Bills

Spring City, Utah Electric Utility residential electric rates are highest in January and the highest average bill is in January.

Historical Electric Rates:

Price Per kWHAverage Bill$0.083/kWh$0.083/kWh$49.68/mo.$40.25/mo.
194th8.28¢Spring City, Utah Electric Utility's Average residential price per kWh
55th$49.68Average monthly electric bill for Spring City, Utah Electric Utility's residential customers

Spring City, Utah Electric Utility Overview

  • Company Type:Municipal
  • Headquarters:45 South 100 East
    Spring City, Utah 84662
    United States of America
  • CEO:Kent Kummer

Spring City, Utah Electric Utility Contact

Spring City, Utah Electric Utility Service

  • Outage Phone:(435) 462-2244

Spring City, Utah Electric Utility Coverage Map

Coverage Map Placeholder

Spring City, Utah Electric Utility State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
Utah593390,00048100%

Spring City, Utah Electric Utility Reviews

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Spring City, Utah Electric Utility FAQ:

What is the average bundled electricity rate for Spring City, Utah Electric Utility customers?

Spring City, Utah Electric Utilitys current average bundled electricity rate is 8.28 cents per kilowatt hour (¢/kWh), compared to the average Utah bundled rate of 10.53 cents and the average national rate of 13.26 cents.

How much is the average bundled bill for Spring City, Utah Electric Utility customers each month?

Customers of Spring City, Utah Electric Utility pay, on average, a monthly bundled bill of $49.68.

Who is the CEO of Spring City, Utah Electric Utility?

The CEO of Spring City, Utah Electric Utility is Kent Kummer.

What is the phone number for Spring City, Utah Electric Utility?

The Spring City, Utah Electric Utility phone number is (435) 462-2244.

Last Reviewed By: Nick Reese
Published: 2021-03-16Last Updated: 2021-12-29