Tipton Municipal Utilities: Rates and Coverage Area

Tipton Municipal Utilities

Electricity Rates, Plans & Statistics

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About Tipton Municipal Utilities

Tipton Municipal Utilities provides electricity in Tipton, Indiana. At the time of the most recent government reports, the supplier had a total of 4,267 electricity customers receiving their services. This total is made up of 1.90% industrial customer accounts, 19.38% commercial accounts and 78.72% residential accounts. Patrons of Tipton Municipal Utilities are charged an average residential electricity price of 11.72 cents per kilowatt hour. Fortunately, this is 20.53% below the state's average rate of 14.75 cents, which ranks the supplier 37th best for average electricity rate out of 118 companies in Indiana. Roughly 144,245 megawatt hours were sold by the supplier to retail accounts in 2019. Of the megawatt hours they sourced, 147,044 megawatt hours were procured by way of the wholesale market. The company had $13,198,000 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 consumer of Tipton Municipal Utilities is $96.33. Patrons of the company enjoy a 23.79% markdown compared to the rest of the state. The supplier does not have ownership in any power plants and all of the electricity that they sell to their customers must be purchased from other companies.

Tipton Municipal Utilities Net Metering

Tipton Municipal Utilities offers net metering options to their consumers. Installation of solar panels and alternative electricity sources is often prohibitively priced for private citizens. Net metering allows purchasers of these electricity sources to sell extra wattage into the grid, making the installation of these alternative sources economically viable.

Tipton Municipal Utilities Rate & Electric Bills

Tipton Municipal Utilities residential electric rates are highest in January and the highest average bill is in June.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.117/kWh$0.097/kWh$102.31/mo.$90.05/mo.
885th11.72¢Tipton Municipal Utilities' Average residential price per kWh
711th$96.33Average monthly electricity bill for Tipton Municipal Utilities' residential customers

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Tipton Municipal Utilities Overview

  • Company Type:Municipal
  • Headquarters:891 Berryman Pike
    Tipton, Indiana 46072
    United States of America
  • Director/Superintendent:Brad Cox

Tipton Municipal Utilities Contact

Tipton Municipal Utilities Service

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Tipton Municipal Utilities Coverage Map

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Tipton Municipal Utilities State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
Indiana4,26713,037,00065100%

Tipton Municipal Utilities County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Tipton County15,290413.73$121.55/mo

Tipton Municipal Utilities Reviews

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Tipton Municipal Utilities FAQ:

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

Consumers of Tipton Municipal Utilities, on average, have an electricity bundled rate 11.72 cents per kilowatt hour (¢/kWh).

Who is the CEO of Tipton Municipal Utilities?

Brad Cox is the CEO of Tipton Municipal Utilities.

What is the phone number for Tipton Municipal Utilities?

You can reach Tipton Municipal Utilities by phone via (765) 675-2240.

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

The average monthly bundled electric bill for customers of Tipton Municipal Utilities is $96.33. The state average bundled bill is $127.89 and the US average is $127.89.

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