Central Missouri Electric Cooperative

About Central Missouri Electric Cooperative

Central Missouri Electric Cooperative is an electric cooperative with headquarters in Sedalia, Missouri and supplying power to customers in 3 counties in Missouri including counties such as Pettis County, Saline County, and Benton County. At the moment, there are 10,460 customers of the company. Exactly 315 of them are commercial properties, 10,144 of them are residential accounts and one is an industrial account. The average residential electricity rate for Central Missouri Electric Cooperative is approximately 12.07 cents per kilowatt hour, which is 5.58% less than the average Missouri rate of 12.78 cents, a welcome state of affairs for their consumers. A total of 338,402 megawatt hours were sold via retail sales in 2022 by the provider. During the same timeframe, Central Missouri Electric Cooperative purchased 349,673 megawatt hours via wholesale electricity channels. In 2022, the company had revenue of $31,867,000 from retail electricity sales to end users. Their revenue from electricity related activities was $32,058,700.

The Missouri average monthly residential electricity bill is $128.6, while the Central Missouri Electric Cooperative average is 31.07% more at $170.65 per month. Central Missouri Electric Cooperative is the 110th ranked supplier in the state for average monthly bill amount. The company's customers have an average of 1.6 power outages per consumer each year. These outages last for an average of 120 minutes, while the nationwide average is 1.45 outages per customer and 171.11 minutes per outage. The supplier currently does not produce any of the electricity that they sell. Instead, they must purchase that electricity at wholesale rates and then resell it at a higher rate to end consumers.