Middle Tennessee Electric

About Middle Tennessee Electric

Middle Tennessee Electric is an electricity cooperative. The largest county served by Middle Tennessee Electric is Rutherford County, but the company also provides electricity in 9 counties in Tennessee. Presently, 333,146 customers are provided electricity by the company. These customers are a mix of 296,837 residential accounts, 36,269 commercial customer accounts and 40 industrial customers. The average residential electricity price for Middle Tennessee Electric is about 11.37 cents per kilowatt hour, which is 6.86% lower than the average state rate of 12.21 cents and 26.81% lower than the nationwide average of 15.53. In 2022 they had retail sales of 8,500,443 megawatt hours. Of the megawatt hours they sourced, 8,814,182 megawatt hours were procured by way of wholesale channels. In 2022, the company had revenue of $929,320,000 from retail electricity sales to end users.

Customers of the provider pay an average monthly residential electricity bill of $139.56. This is 0.92% lower than the Tennessee average of $140.81. The supplier 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 companies.