Appalachian Electric Cooperative

About Appalachian Electric Cooperative

Appalachian Electric Cooperative is an electricity cooperative. The largest county served by Appalachian Electric Cooperative is Sevier County, but the company also provides electricity in 4 counties in Tennessee. Presently, 50,584 customers are provided electricity by the company. These customers are a mix of 43,122 residential accounts, 7,455 commercial customer accounts and 7 industrial customers. The average residential electricity price for Appalachian Electric Cooperative is about 12.85 cents per kilowatt hour, which is 4.59% higher than the average state rate of 12.28 cents and 18.35% less than the nationwide average of 15.74. In 2022 they had retail sales of 955,195 megawatt hours. Of the megawatt hours they sourced, 1,024,265 megawatt hours were procured by way of wholesale channels. In 2022, the company had revenue of $118,650,000 from retail electricity sales to end users.

Customers of the provider pay an average monthly residential electricity bill of $153.24. This is 8.76% higher than the Tennessee average of $141.33. 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. Consumers of the provider are faced with 2.93 electrical outages a year with outages lasting on average 250.01 minutes.