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 2,536 consumers, the supplier serves 681 commercial customers, 1,854 residential customers and one industrial account. Benton Electric Company averages 13.63 cents per kilowatt hour charged to their patrons for residential electricity. While this is higher than the state average price of 12.52 cents per kilowatt hour, it is below the United States average of 15.64 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 $132.69, while the Benton Electric Company average is 10.33% more at $146.4 per month. Benton Electric Company is the 2171st ranked provider in the country for average monthly bill amount. The company currently does not generate their own electricity. Instead, they must purchase that electricity at wholesale prices and then resell it at a higher rate to end customers.
Benton Electric Company recently reported an annual loss of about 4.46% of the electricity that they produce. Loss of electricity due to heat dissipation during electricity transmission and other causes is part of operating in the electricity production industry and companies must report these losses to government agencies who track electricity infrastructure efficiencies. The state average for energy loss is 3.69% and the United States average is 2.87%. This gives Benton Electric Company a ranking of 23rd best out of 58 electricity suppliers in the state and 742nd best out of 3517 suppliers in the US.
Benton Electric Company Rate & Electric Bills
Benton Electric Company residential electric rates are highest in January and the highest average bill is in February.
Historical Electricity Rates:
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Benton Electric Company Overview
- Company Type:Municipal
- Headquarters:436 Mayfield Highway
Benton, Kentucky 42025
United States of America
Benton Electric Company Contact
- Website:www.bentonelectricsystem.com
- Customer Service Phone:(270) 527-3666
- Contact Page:www.bentonelectricsystem.com
- Social Media:
Benton Electric Company Service
- States Served:
- Kentucky
- Counties Served:
- Marshall County
- Major Cities Served:
- Table Of Contents:
Energy Loss
Benton Electric Company's energy loss due to business operations.
Total Energy Loss
3,178MWh
742 National Rank
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Benton Electric Company Coverage Map
Benton Electric Company State Coverage
| State | Customers | Sales ($) | State Rank Based On Revenue | % of Provider's Residential Sales in State |
|---|---|---|---|---|
| Kentucky | 2,536 | 8,489,000 | 50 | 100% |
Benton Electric Company County Coverage
| County | Population | Providers | Avg. County Rate (¢) | Avg. Electric Bill |
|---|---|---|---|---|
| Marshall County | 31,662 | 3 | 13.62 | $164.61/mo |
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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 $146.40.
What is the average bundled electricity rate for Benton Electric Company customers?
Consumers of Benton Electric Company, on average, have an electricity bundled rate 13.63 cents per kilowatt hour (¢/kWh).
