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. Electricity suppliers must regularly report their customer counts to government agencies. Most recently the provider listed a total of 2,424 customers being supplied electricity by the company. Exactly 697 of these customers are commercial properties and 1,727 are residential accounts. The residential electricity rate for consumers of Benton Electric Company is, on average, 14.44 cents per kilowatt hour. While this is above the state average price of 12.91 cents per kilowatt hour, it is less than the national average of 16.22 cents. In 2023 Benton Electric Company had sales to end users totaling 66,311 megawatt hours. The electricity sourced by the company is made up primarily of megawatt hours they purchased via wholesale channels. Of the total electricity sourced by the company, whole purchased made up 100.00%. In 2023, the company earned 98.89% of their revenue from retail electricity sales.
The national average monthly residential power bill is $143.38, while the Benton Electric Company average is 20.92% more at $173.38 per month. Benton Electric Company is the 2374th ranked provider in the country for average monthly bill amount. The company currently does not generate their own electricity. Instead, they must purchase that electricity at wholesale prices and then resell it at a higher rate to end customers.
Benton Electric Company recently reported an annual loss of about 4.31% of the electricity that they produce. Loss of electricity due to heat dissipation during electricity transmission and other causes is part of operating in the electricity production industry and companies must report these losses to government agencies who track electricity infrastructure efficiencies. The state average for energy loss is 3.30% and the United States average is 2.43%. This gives Benton Electric Company a ranking of 34th best out of 58 electricity suppliers in the state and 905th best out of 3530 suppliers in the US.
Benton Electric Company Rate & Electric Bills
Benton Electric Company residential electric rates are highest in May and the highest average bill is in July.
Historical Electricity Rates:
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Benton Electric Company Overview
- Company Type:Municipal
- Headquarters:436 Mayfield Highway
Benton, Kentucky 42025
United States of America
Benton Electric Company Contact
- Website:www.bentonelectricsystem.com
- Customer Service Phone:(270) 527-3666
- Contact Page:www.bentonelectricsystem.com
- Social Media:
Benton Electric Company Service
- States Served:
- Kentucky
- Counties Served:
- Marshall County
- Major Cities Served:
Energy Loss
Benton Electric Company's energy loss due to business operations.
Total Energy Loss
2,988MWh
905 National Rank
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Benton Electric Company Coverage Map
Benton Electric Company State Coverage
| State | Customers | Sales ($) | State Rank Based On Revenue | % of Provider's Residential Sales in State |
|---|---|---|---|---|
| Kentucky | 2,428 | 8,927,191.47 | 50 | 100% |
Benton Electric Company County Coverage
| County | Population | Providers | Avg. County Rate (¢) | Avg. Electric Bill |
|---|---|---|---|---|
| Marshall County | 31,662 | 3 | 14.36 | $188.18/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 $173.38.
What is the average bundled electricity rate for Benton Electric Company customers?
Consumers of Benton Electric Company, on average, have an electricity bundled rate 14.44 cents per kilowatt hour (¢/kWh).
