Traer Municipal Utilities

About Traer Municipal Utilities

Traer Municipal Utilities supplies electricity in Traer, Iowa. There are 1,148 customers of the company. Roughly 86.76% of them are residential customers and 13.24% of them are commercial accounts. Traer Municipal Utilities' consumers are billed an average residential electricity rate of 13.51 cents per kilowatt hour, which is 3.95% higher than the average state price of 13.00 cents and 16.34% below the national average of 16.15. About 15,560 megawatt hours were sold by the provider to retail customers in 2019. Of the megawatt hours they sourced, 6,127 of them were generated by power production plants owned by Traer Municipal Utilities and 10,938 megawatt hours were obtained on the wholesale electricity market. Traer Municipal Utilities earned $1,662,000 in 2019, which they earned entirely through sales to retail customers.

The average monthly residential power bill for a consumer of Traer Municipal Utilities is $89.44 per month. Traer Municipal Utilities is the 88th largest electricity company out of 177 providers in the state based on number of customers. Electricity production from renewable fuel types by the company totals 5,794 megawatt hours, which ranks the company 24th in the state out of the 177 companies we track. The supplier's electricity generating facilities produce 0.46 megawatt hours by burning natural gas. This amount ranks them as the 438th highest in the nation out of 3530 companies for total natural gas production.