Amana Society Service Company

About Amana Society Service Company

The company has 182 commercial customer accounts, 707 residential customers and one industrial account in their service area whom they provide electricity to. On average, Amana Society Service Company charges their consumers a residential electricity rate of 15.56 cents per kilowatt hour, which is 19.30% more than the average state rate of 13.04 cents. The company had sales of 75,924 megawatt hours in 2022 sold to end users and 143 megawatt hours through wholesale channels. The electricity generated in the company's power plants made up 1.06% of the electricity sourced by the company and the purchase of wholesale electricity made up an additional 98.94%. In 2022, the company made 98.27% of their revenue from retail electricity sales to end users and 0.99%from wholesale customers.

The average monthly residential electricity bill for a consumer of Amana Society Service Company is $122.72 per month. Customers of the company enjoy a 9.33% reduction compared to other residents of the country. Electricity generation facilities owned by the company use non-renewable fuel types to generate 100.00% of their total electricity generation, or 845 megawatt hours. They rank 439th in the nation out of 3526 providers. Electricity production is not handled in house at the company, as they purchase electricity at wholesale rates and then resell to their end users. Amana Society Service Company ranks as the 68th highest total electricity generator out of 177 companies in Iowa.