Waverly Utilities

About Waverly Utilities

Waverly Utilities provides electricity to 2 states in the country including cities like Waverly and Waverly. The company is a municipally owned entity. On average, Waverly Utilities' consumers purchase residential electricity for 13.55 cents per kilowatt hour. This is, unfortunately for their consumers, 4.12% above the state's average rate of 13.01 cents, resulting in the provider ranking 121st lowest for average electricity price out of 183 suppliers in the state. The company sold 53,163 megawatt hours through wholesale channels to other electricity providers in 2019. The megawatt hours sourced by the supplier came from a blend of electricity generation from power plants owned by Waverly Utilities and additional megawatt hours that they procured by way of wholesale channels. They produced 59,243 megawatt hours and purchased 135,779 on the wholesale market. Their total revenue for 2019 from electricity activities was $19,422,000, with $3,088,000 coming from wholesale electricity sales and $14,773,000 from retail sales to end users.

The state average monthly residential electric bill is $105.36, while the Waverly Utilities average is 3.07% lower at $101.2 per month. This is the 99th lowest average monthly bill amount for a provider in the state. Based on megawatt hours produced, Waverly Utilities is the 36th largest provider out of 210 electricity companies in the state. The provider is 23rd out of 178 providers that we track in Iowa for total megawatt hours produced from wind turbines. There are 46,710.52 megawatt hours generated by the supplier from coal usage. This makes them the 198th highest generator in the country out of 3517 electric providers.