Western Iowa Power Cooperative

About Western Iowa Power Cooperative

Western Iowa Power Cooperative is an electricity cooperative. The largest city served by the supplier is Denison, but the company also provides electricity to 11 cities in Iowa. The most recent data reported by the company showed a total customer count of 5,579 accounts, 1,333 of which are industrial properties, 261 are commercial customer accounts and 3,985 are residential accounts. On average, Western Iowa Power Cooperative's customers spend 13.73 cents per kilowatt hour for their residential electricity. This is 12.20% below the nationwide average price of 15.64 cents, which ranks the supplier 1826th out of 2893 suppliers in the United States for best average electricity rate. Approximately 103,927 megawatt hours were sold by the provider to retail customers in 2019. The electricity sourced by Western Iowa Power Cooperative is made up of primarily wholesale purchased megawatt hours, with 111,809 acquired by the company. Their revenue in 2019 from electricity related activities was $14,425,600, with $14,374,100 from retail sales to end users.

The US average monthly residential electric bill is $132.69, while the Western Iowa Power Cooperative average is 50.92% higher at $200.26 per month. Western Iowa Power Cooperative ranks 2843rd in the US for average monthly bill total. The provider currently does not produce their own electricity. Instead, they must purchase that electricity at wholesale prices and then resell it at a higher rate to end users.