Manilla, Iowa Electric Utility

About Manilla, Iowa Electric Utility

Manilla, Iowa Electric Utility is headquartered in Manilla, Iowa and it serves electricity in the residents there. There are 434 customer accounts served by the provider. These customer accounts are made up of 18.20% commercial properties and 81.80% residential properties. The average residential electricity rate for Manilla, Iowa Electric Utility is roughly 8.73 cents per kilowatt hour, which is 32.95% less than the average state rate of 13.01 cents and 44.54% lower than the US average of 15.73. They sold 7,113 megawatt hours through retail sales in 2019. The electricity sourced by the company primarily came from megawatt hours that they procured by way of the wholesale electricity market. They purchased 7,528 megawatt hours on the wholesale market. In 2019, the provider made a total of $575,000 from business activities relating to the sale and transfer of electricity. All of which came from retail sales to end users.

The Iowa average monthly residential electric bill is $105.36, while the Manilla, Iowa Electric Utility average is 25.07% less at $71.42 per month. This is the 13th lowest average monthly bill amount for a supplier in Iowa. The provider is not associated with any electricity facilities and all of the megawatt hours that they sell to their customers must be purchased from other providers.