Woodbine, Iowa Electric Utility

About Woodbine, Iowa Electric Utility

Woodbine, Iowa Electric Utility provides electricity in Woodbine in Harrison County, Iowa. The most recent data reported by the company showed a customer base of 807 customers. Exactly 12 of these are industrial properties, 136 are commercial accounts and 659 are residential properties. On average, Woodbine, Iowa Electric Utility's patrons purchase residential electricity for 11.15 cents per kilowatt hour, ranking the provider at 48th out of 183 suppliers in Iowa and 525th out of 2892 in the country. There were a total of 15,183 megawatt hours sold to retail consumers in 2019 by the provider. Of the megawatt hours they sourced, 15,955 megawatt hours were procured via wholesale channels. In 2019, the provider made a total of $1,572,000 from business activities relating to the sale and transfer of electricity. They had revenue of $1,556,000 from retail sales to end users.

Patrons of the company pay an average monthly residential power bill of $96.62. This is 6.81% less than the Iowa average of $105.83. Electricity generation is not handled in house at the company, as they purchase power at wholesale rates and then resell to their end users.