Bolivar Energy Authority

About Bolivar Energy Authority

Bolivar Energy Authority is a municipally owned entity headquartered in Bolivar, Tennessee and providing power to customers in 4 counties in Tennessee including counties like Madison County, Fayette County, Hardeman County, and Chester County. The company last reported a total of 8,462 residential customers, 2,339 commercial customers and one industrial account. This is the sum of their customer base. Bolivar Energy Authority charges their consumers a residential electricity rate of 14.41 cents per kilowatt hour on average, which ranks the company 82nd out of 90 providers in the state and 1682nd out of 2885 in the US. About 215,289 megawatt hours were sold by the provider to retail accounts in 2023. Of the megawatt hours they sourced, 220,804 megawatt hours were obtained by way of the wholesale electricity market. In 2023, the company had revenue of $28,421,000 from retail electricity sales.

The average monthly residential power bill for a consumer of Bolivar Energy Authority is $187.29 per month. Patrons of the company pay 34.48% more compared to the rest of the US. The company's consumers are faced with an average of 1.25 electrical outages per customer a year. These outages are on average 111.74 minutes, while the nationwide average is 1.44 outages per consumer and 123.49 minutes each outage. Electricity production is not part of the Bolivar Energy Authority business model, as they purchase electricity at wholesale rates from other providers to then be resold to their end users.