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. The supplier has a total of 62,799 electricity customers. There are 58,114 residential customers, 4,640 commercial customers and 45 industrial customers. The residential electricity price for consumers of Arkansas Valley Electric Cooperative is, on average, 13.07 cents per kilowatt hour. This is 17.05% lower than the national average price of 15.76 cents, which ranks the provider 1258th out of 2892 providers in the country for best average electricity price. Approximately 1,346,606 megawatt hours were sold by the provider to retail customers in 2022. Of the megawatt hours they sourced, 1,402,622 megawatt hours were acquired by way of wholesale channels. In 2022, they made a total of $165,061,200 from business activities relating to the sale and transfer of electricity. They had 92.84% of their revenue coming from retail sales to end users.

Consumers of the supplier have an average monthly residential electric bill of $145.68. This is 7.64% more than the national average of $135.34. 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 1.55 electrical outages a year with outages lasting on average 156.23 minutes.