Woodbury County Rural Electric Cooperative

About Woodbury County Rural Electric Cooperative

Woodbury County Rural Electric Cooperative provides electricity for 7 cities in the state. The entity is an electric cooperative. There are 3,304 residential customers, 81 commercial customer accounts and 35 industrial customer accounts receiving electricity from the company. Customers of Woodbury County Rural Electric Cooperative spend, on average, 14.40 cents per kilowatt hour for their electricity. This is, unfortunately for their patrons, 11.74% higher than the state's average price of 12.89 cents, resulting in the provider ranking 155th lowest for average electricity rate out of 183 companies in Iowa. Woodbury County Rural Electric Cooperative had total sales and disposition of 80,393 megawatt hours in 2019, of which 94.89% were from sales to end users. During the same timeframe, Woodbury County Rural Electric Cooperative acquired 80,393 megawatt hours via the wholesale market. The revenue for the company in 2019 from electricity sales was $10,247,300, with 99.71% coming from retail sales to end users.

Patrons of the provider pay an average monthly residential power bill of $210.13. This is 77.80% more than the state average bill of $106.9. The provider does not have ownership in any electricity generation facilities and all of the megawatt hours that they sell to their consumers must be purchased wholesale from other providers.