Arkansas Valley Electric Cooperative

About Arkansas Valley Electric Cooperative

Arkansas Valley Electric Cooperative is an electricity cooperative providing electricity in 2 different states within the US including Oklahoma and Arkansas. In addition, this service territory includes 30 cities within these states. Arkansas Valley Electric Cooperative charges their customers a residential electricity price of 13.33 cents per kilowatt hour on average, which is 17.49% less than the average US rate of 16.15 cents. The company had sales of 1,280,340 megawatt hours in 2023 via retail sales. The electricity sourced by the supplier primarily came from megawatt hours that they purchased on wholesale channels. They purchased 1,329,544 megawatt hours on the wholesale market. Their revenue in 2023 from electricity activities was $152,843,200, with 90.45% coming from retail sales to end users.

Consumers of the supplier have an average monthly residential electric bill of $150.05. This is 5.40% more than the national average of $142.37. The company currently does not produce any of the electricity that they sell. Instead, they must purchase that electricity at wholesale rates from other suppliers and then resell it to end customers. Consumers of the provider experience 1.9 electrical outages a year with outages lasting on average 297.06 minutes.