Stanton, Iowa Electric Utility

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About Stanton, Iowa Electric Utility

Stanton, Iowa Electric Utility is a municipally owned entity operating in Stanton, Iowa and rural areas of Montgomery County. Electricity suppliers must regularly report their customer counts to government agencies. Most recently the provider listed a total of 361 customers being supplied electricity by the company. Exactly 53 of these customers are commercial properties and 308 are residential accounts. The residential electricity rate for consumers of Stanton, Iowa Electric Utility is, on average, 8.23 cents per kilowatt hour. Luckily for their consumers, this price is less than both the state and the United States average rates of 12.64 and 14.11 cents per kilowatt hour, respectively. There were a total of 7,877 megawatt hours sold through retail sales in 2019 by the provider. During the same timeframe, Stanton, Iowa Electric Utility purchased 8,636 megawatt hours through the wholesale market. In 2019, the total revenue for the company was $660,000, which was earned entirely through electricity sales to retail customers.

The US average monthly residential power bill is $125.95, while the Stanton, Iowa Electric Utility average is 6.34% below at $117.96 per month. The company 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 customers.

Stanton, Iowa Electric Utility Rate & Electric Bills

Stanton, Iowa Electric Utility residential electric rates are highest in January and the highest average bill is in August.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.085/kWh$0.082/kWh$128.91/mo.$117.96/mo.
160th8.23¢Stanton, Iowa Electric Utility's Average residential price per kWh
1732nd$117.96Average monthly electricity bill for Stanton, Iowa Electric Utility's residential customers

Stanton, Iowa Electric Utility Overview

  • Company Type:Municipal
  • Headquarters:415 Broad Avenue
    Stanton, Iowa 51573
    United States of America
  • Director/Superintendent:Dave Wagg

Stanton, Iowa Electric Utility Contact

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    Stanton, Iowa Electric Utility Coverage Map

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    Stanton, Iowa Electric Utility State Coverage

    StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
    Iowa361602,000149100%

    Stanton, Iowa Electric Utility County Coverage

    CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
    Montgomery County10,330312.18$133.25/mo

    Stanton, Iowa Electric Utility Reviews

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    Stanton, Iowa Electric Utility FAQ:

    What is the phone number for Stanton, Iowa Electric Utility?

    The Stanton, Iowa Electric Utility phone number is ( 888) 220-4869.

    What is the average bundled bill for Stanton, Iowa Electric Utility customers each month?

    Consumers of Stanton, Iowa Electric Utility pay, on average, a monthly bundled bill of $117.96.

    Who is the CEO of Stanton, Iowa Electric Utility?

    The CEO of Stanton, Iowa Electric Utility is Dave Wagg.

    What is the average bundled electricity rate for Stanton, Iowa Electric Utility customers?

    Stanton, Iowa Electric Utility's current average bundled electricity rate is 8.23 cents per kilowatt hour (¢/kWh), compared to the average Iowa bundled rate of 12.64 cents and the average national rate of 14.11 cents.

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