Carey Electric: Rates and Coverage Area

Carey Electric

Electricity Rates, Plans & Statistics

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About Carey Electric

Carey Electric is a municipally owned entity providing electricity in Carey, Ohio. The company has 1,755 residential customer accounts, 184 commercial customer accounts and 8 industrial accounts within their service area. Carey Electric averages 10.22 cents per kilowatt hour charged to their customers for residential electricity, which is 32.80% less than the average state rate of 15.21 cents and 34.52% lower than the nationwide average of 15.61. In 2019 the company sold 94,415 megawatt hours to end users (known as retail sales). The electricity they sourced was made up of megawatt hours procured on wholesale channels. They purchased 94,415 megawatt hours on the wholesale market. Through retail sales alone , The company made $8,168,500 in 2019.

The national average monthly residential power bill is $133.26, while the Carey Electric average is 31.37% less at $91.45 per month. The supplier currently does not produce their own electricity. Instead, they must purchase that electricity at wholesale rates and then resell it at a higher rate to end consumers.

Carey Electric Net Metering

Carey Electric is one of 35 electricity suppliers in the state who offer net metering to their customers. The purchase of solar panels and alternative electricity sources is often prohibitively priced for citizens. Net metering allows purchasers of these electricity sources to sell extra wattage back to the grid, making the installation of these alternative sources economically viable.

Carey Electric Rate & Electric Bills

Carey Electric residential electric rates are highest in January and the highest average bill is in September.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.126/kWh$0.102/kWh$105.88/mo.$91.45/mo.
403rd10.22¢Carey Electric's Average residential price per kWh
568th$91.45Average monthly electricity bill for Carey Electric's residential customers

Carey Electric Overview

  • Company Type:Municipal
  • Headquarters:127 North Vance Street
    Carey, Ohio 43316
    United States of America
  • Director/Superintendent:Jeremy Traxler

Carey Electric Contact

Carey Electric Service

  • Outage Phone:(419) 396-6130

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Carey Electric Coverage Map

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Carey Electric State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State

Carey Electric County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Wyandot County21,9336119.38$155.74/mo

Carey Electric Reviews

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Carey Electric FAQ:

What is the phone number for Carey Electric?

The Carey Electric phone number is (419) 396-7681.

What is the average bundled bill for Carey Electric customers each month?

Customers of Carey Electric pay, on average, a monthly bundled bill of $91.45.

Who is the CEO of Carey Electric?

Carey Electric's current CEO is Jeremy Traxler.

What is the average bundled electricity rate for Carey Electric customers?

The average bundled rate of electricity for customers of Carey Electric is 10.22 cents per kilowatt hour (¢/kWh).

Matt Hope
Last Reviewed By: Matt Hope
Published: 2022-08-01