Benton Electric Company: Rates and Coverage Area

Benton Electric Company

Electricity Rates, Plans & Statistics

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About Benton Electric Company

Benton Electric Company is a municipally owned entity operating in Benton, Kentucky and rural areas of Marshall County. With 2,491 consumers, the supplier serves 680 commercial customers, 1,810 residential customers and one industrial account. Benton Electric Company averages 13.20 cents per kilowatt hour charged to their patrons for residential electricity. While this is higher than the state average price of 12.44 cents per kilowatt hour, it is below the United States average of 15.68 cents. In 2022 they sold 68,042 megawatt hours to end users (known as retail sales). The electricity sourced by the company is made up of primarily wholesale purchased megawatt hours, with 71,269 procured by the company. In 2022 the company had total electricity related revenue of $8,590,900, with 98.81% coming from retail sales.

The national average monthly residential power bill is $135.78, while the Benton Electric Company average is 1.65% more at $138.02 per month. Benton Electric Company is the 1948th ranked provider in the country for average monthly bill amount. The company currently does not generate their own electricity. Instead, they must purchase that electricity at wholesale prices and then resell it at a higher rate to end customers.

Energy Loss

Benton Electric Company recently reported an annual loss of about 4.46% of the electricity that they produce. Loss of electricity due to heat dissipation during electricity transmission and other causes is part of operating in the electricity production industry and companies must report these losses to government agencies who track electricity infrastructure efficiencies. The state average for energy loss is 3.69% and the United States average is 2.87%. This gives Benton Electric Company a ranking of 23rd best out of 58 electricity suppliers in the state and 742nd best out of 3518 suppliers in the US.

Benton Electric Company Rate & Electric Bills

Benton Electric Company residential electric rates are highest in January and the highest average bill is in June.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.148/kWh$0.112/kWh$198.91/mo.$96.72/mo.
1353rd13.20¢Benton Electric Company's Average residential price per kWh
1948th$138.02Average monthly electricity bill for Benton Electric Company's residential customers

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Benton Electric Company Overview

  • Company Type:Municipal
  • Headquarters:436 Mayfield Highway
    Benton, Kentucky 42025
    United States of America

Benton Electric Company Contact

Benton Electric Company Service

    • States Served:
      • Kentucky
    • Counties Served:
      • Marshall County
    • Major Cities Served:

    Energy Loss

    Benton Electric Company's energy loss due to business operations.

    -4.46%

    Total Energy Loss

    3,178MWh

    742 National Rank

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    Benton Electric Company Coverage Map

    Coverage Map Placeholder

    Benton Electric Company State Coverage

    StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
    Kentucky2,4917,708,077.6249100%

    Benton Electric Company County Coverage

    CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
    Marshall County31,662313.15$155.24/mo

    Benton Electric Company Reviews

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    Benton Electric Company FAQ:

    What is the phone number for Benton Electric Company?

    Benton Electric Company's customer service phone number is (270) 527-3666

    What is the average bundled bill for Benton Electric Company customers each month?

    Consumers of Benton Electric Company pay, on average, a monthly bundled bill of $138.02.

    What is the average bundled electricity rate for Benton Electric Company customers?

    Consumers of Benton Electric Company, on average, have an electricity bundled rate 13.20 cents per kilowatt hour (¢/kWh).

    Matt Hope
    Last Reviewed By: Matt Hope
    Published: 2022-08-01