Butler Rural Electric Cooperative

About Butler Rural Electric Cooperative

Butler Rural Electric Cooperative is an electricity cooperative supplying electricity in Ohio. The supplier recently reported a total of 13,468 residential customer accounts, 603 commercial accounts and 16 industrial customers, which makes up the entirety of their customer base. Butler Rural Electric Cooperative's customers are charged an average residential electricity rate of 18.75 cents per kilowatt hour. This is 15.59% more than the national average rate of 16.22 cents, resulting in the company ranking 2654th best for average electricity price out of 2885 suppliers in the nation. Of the 212,511 megawatt hours the company sold and dispossessed, 202,698 were via retail sales. The electricity sourced by the company is made up of primarily wholesale purchased megawatt hours, with 212,511 procured by the company. The revenue for the company for 2023 from electricity sales was $35,614,000, with $34,725,000 from retail sales to end users.

The average monthly residential power bill for a consumer of Butler Rural Electric Cooperative is $278.26 per month. Patrons of the company are stuck with a 92.26% markup compared to the rest of the state. The supplier currently does not produce any of the electricity that they sell. Instead, they must purchase that electricity at wholesale rates from other suppliers and then resell it at a higher rate to end users. The supplier's consumers are faced with an average of 1.43 power outages per consumer each year. These outages last on average of 104.39 minutes, while the nationwide average is 1.44 outages per consumer and 123.49 minutes per outage.