Alexander City Power

About Alexander City Power

Alexander City Power provides electricity in Alexander City in Tallapoosa County, Alabama. There are 5,855 customers of the company. Exactly 56 of them are industrial accounts, 938 are commercial accounts and 4,861 of them are residential accounts. Alexander City Power charges their consumers a residential electricity rate of 11.83 cents per kilowatt hour on average, which is 24.17% less than Alabama's average rate of 15.61 cents. This ranks the supplier 14th best for average electricity price out of 62 companies in Alabama. In 2019 the company had sales to end customers totaling 129,688 megawatt hours. The electricity sourced by the company is made up of primarily wholesale purchased megawatt hours, with 150,366 megawatt hours acquired by the company. Their revenue in 2019 from electricity related activities was $13,307,000, the entirety of which came from retail sales to end users.

The state average monthly residential electricity bill is $177.77, while the Alexander City Power average is 43.33% below at $117.42 per month. This is the 7th lowest average monthly bill amount for a supplier in Alabama. Electricity generation is not part of the Alexander City Power business model, as they purchase electricity at wholesale rates from other companies and then resell to their end users.