Canadian Valley Electric Cooperative

About Canadian Valley Electric Cooperative

Canadian Valley Electric Cooperative provides electricity to 21 cities throughout Oklahoma. Electricity suppliers must regularly report their customer counts to government agencies. Recently the supplier listed a total of 25,645 customers receiving electricity from the company. Exactly 22,864 of these are residential properties, 2,769 are commercial customers and 12 are industrial accounts. Canadian Valley Electric Cooperative averages 11.94 cents per kilowatt hour charged to their customers for residential electricity, which is 1.33% less than the average Oklahoma price of 12.10 cents and 24.25% below the national average of 15.76. In 2022 the company had retail sales of 832,987 megawatt hours. During the same timeframe, the supplier purchased 882,097 megawatt hours through wholesale channels. The total revenue for Canadian Valley Electric Cooperative in 2022 from electricity sales was $89,899,100, with $88,019,300 from retail sales to end users.

The state average monthly residential electric bill is $126.6, while the Canadian Valley Electric Cooperative average is 19.84% higher at $153.46 per month. Canadian Valley Electric Cooperative is the 82nd ranked company in the state for average monthly bill amount. Electricity generation is not part of the Canadian Valley Electric Cooperative business model, as they purchase electricity at wholesale rates and then resell to their customers. Customers of the company experience 1.2 power outages on average each year, with outages lasting an average of 203.41 minutes. The national averages for outages and duration are 1.45 outages at 171.11 minutes each.