Strawberry Point, Iowa Electric Utility

About Strawberry Point, Iowa Electric Utility

Strawberry Point, Iowa Electric Utility is a municipally owned entity supplying electricity in the state of Iowa including cities like Postville, Guttenberg, Monona, Strawberry Point, and Elkader. There are 579 residential customer accounts, 118 commercial customers and 6 industrial customer accounts who are receiving service from the company. The average residential electricity price for Strawberry Point, Iowa Electric Utility is roughly 13.51 cents per kilowatt hour, which is 1.86% higher than the national average rate of 13.26 cents. This ranks the supplier 2151st out of 2922 suppliers in the nation for lowest average electricity price. There were a total of 6,868 megawatt hours sold to retail consumers in 2019 by the provider. Of the megawatt hours they sourced, 21 of them were generated by electricity production plants owned by the provider and 8,890 megawatt hours were procured on the wholesale market. They had $907,000 in total revenue for 2019 from electricity-related activities, all of which came from retail sales to end-users.

The average monthly residential power bill for a customer of Strawberry Point, Iowa Electric Utility is $93.38, while the US average is $117.93. Customers of the supplier have a 20.81% markdown compared to the rest of the nation. Strawberry Point, Iowa Electric Utility produces 16 megawatt hours from their generation facilities, ranking them as the 872nd highest producer of electricity of all 3510 electricity providers in the nation. Strawberry Point, Iowa Electric Utility is the 129th largest supplier out of 180 suppliers in the state based on total megawatt hours sold. With 16 megawatt hours generated from non-renewable fuel types, Strawberry Point, Iowa Electric Utility is the 74th largest generator of megawatt hours from non-renewable sources out of 180 companies in Iowa