Anita, Iowa Electric Utility

About Anita, Iowa Electric Utility

Anita, Iowa Electric Utility supplies electricity in Cass County, Iowa. Presently, 559 customers receive their electricity from the company. These customers are a mix of 19.50% commercial locations and 80.50% residential properties. On average, Anita, Iowa Electric Utility's residential electricity rate is 9.78 cents per kilowatt hour. Thankfully for their consumers, this price is lower than both the Iowa and US average prices of 13.04 and 15.76 cents per kilowatt hour, respectively. Approximately 8,732 megawatt hours were sold by the company to retail end users in 2019. The electricity sourced consisted of megawatt hours produced by the company at power facilities they own and supplementary megawatt hours purchased on wholesale channels. In 2019, the supplier made a total of $747,400 from business activities relating to the sale and transfer of electricity. They had 98.81% of their revenue coming from retail sales to end users.

Consumers of the supplier pay an average residential electricity bill of $77.84. This is 42.48% less than the United States average of $135.34. The provider currently does not generate any of the electricity that they sell. Instead, they must purchase that electricity at wholesale rates from other suppliers and then resell it at a higher rate to end customers. Based on total customers, Anita, Iowa Electric Utility is the 2542nd largest company out of 3526 providers in the US. Electricity generation plants owned by the company use non-renewable fuel types to generate 100.00% of their total electricity production, or 34 megawatt hours. This total ranks them at 56th in the state out of 177 suppliers.