BARC Electric Cooperative

About BARC Electric Cooperative

Customers of BARC Electric Cooperative are charged an average residential electricity rate of 17.67 cents per kilowatt hour. This is, regrettably for their patrons, 21.79% higher than the state's average rate of 14.50 cents, which ranks the supplier 32nd out of 36 providers in Virginia for best average electricity rate. Of the 193,824 megawatt hours the supplier sold and dispossessed, 179,686 were from retail sales. Of the megawatt hours they sourced, 778 of them were generated by power production facilities owned by BARC Electric Cooperative and 193,046 megawatt hours were purchased via wholesale channels. The total revenue for the company for 2019 from electricity sales was $25,353,000, with $24,778,000 from retail sales to end users.

The US average monthly residential power bill is $139.28, while the BARC Electric Cooperative average is 10.89% more at $154.45 per month. BARC Electric Cooperative ranks 2166th in the US for average monthly bill amount. The company currently does not generate any of the electricity that they sell. Instead, they must purchase that electricity at wholesale prices and then resell it at a higher rate to end users.