Arab Electric Cooperative

About Arab Electric Cooperative

Arab Electric Cooperative is headquartered in Arab, Alabama and provides electricity in 2 cities in the state. The company recently reported a total of 2 industrial customer accounts, 2,766 commercial customer accounts and 14,160 residential customers, which makes up the whole of their customer base. Arab Electric Cooperative bills their patrons a residential electricity rate of 11.98 cents per kilowatt hour on average, resulting in the supplier ranking 18th out of 62 suppliers in the state and 700th out of 2885 in the country. The company sold 298,104 megawatt hours via retail sales in 2023. The megawatt hours sourced by the provider primarily came from megawatt hours that they procured by way of wholesale channels. They purchased 315,273 wholesale megawatt hours. In 2023, the provider made 97.17% of their revenue from retail electricity sales to end users. Their revenue from electricity activities was $36,982,800.

The average monthly residential electricity bill for a consumer of Arab Electric Cooperative is $149.72 per month. Customers of the company are stuck with a 7.46% higher bill compared to other residents of the country. The provider does not have ownership in any electricity facilities and all of the power that they sell to their consumers must be purchased wholesale from other companies.