Cherokee Electric Cooperative: Rates and Coverage Area

Cherokee Electric Cooperative

Electricity Rates, Plans & Statistics

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About Cherokee Electric Cooperative

Cherokee Electric Cooperative is an electricity cooperative providing electricity in Alabama, including cities such as Boaz, Centre, Whitesboro CDP, Collinsville, and Crossville. There are a total of 25,576 customer accounts who are receiving service from the supplier. These customers are made up of 71.63% residential properties, 28.36% commercial properties and 0.01% industrial properties. Customers of Cherokee Electric Cooperative spend, on average, 14.92 cents per kilowatt hour for their electricity, which is 0.08% higher than the average state price of 14.91 cents. In 2022 the company had retail sales of 488,768 megawatt hours. The megawatt hours sourced by the provider primarily came from megawatt hours that they purchased on wholesale channels. They purchased 526,615 wholesale megawatt hours. In 2022, the company had revenue of $65,776,000 from retail electricity sales.

The average monthly residential power bill for a consumer of Cherokee Electric Cooperative is $168.18 per month. The provider currently does not generate their own electricity. Instead, they must purchase that electricity at wholesale prices and then resell it at a higher rate to end users.

Energy Loss

Loss of energy due to heat dissipation during electricity transmission and other causes is part of being in the electricity generation business. Providers must report these losses to government agencies who track electricity grid efficiencies. Cherokee Electric Cooperative recently reported an annual loss of roughly 7.08% of the electricity that they generate. The state average for energy loss is 4.38% and the US average is 2.87%. This gives Cherokee Electric Cooperative a ranking of 41st best out of 60 electricity companies in Alabama and 1258th best out of 3517 suppliers in the country.

Cherokee Electric Cooperative Rate & Electric Bills

Cherokee Electric Cooperative residential electric rates are highest in January and the highest average bill is in December.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.149/kWh$0.133/kWh$168.18/mo.$144.30/mo.
2240th14.92¢Cherokee Electric Cooperative's Average residential price per kWh
2605th$168.18Average monthly electricity bill for Cherokee Electric Cooperative's residential customers

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Cherokee Electric Cooperative Overview

  • Company Type:Cooperative
  • Headquarters:1550 Clarence East Chesnut Jr Bypass
    Centre, Alabama 35960
    United States of America
  • CEO:Randal Wilkie

Cherokee Electric Cooperative Contact

Cherokee Electric Cooperative Service

Energy provider of the year for Alabama, Major Provider Category
Top 3 Lowest Energy Loss
Alabama, Major Provider Category
Claim Award

Energy Loss

Cherokee Electric Cooperative's energy loss due to business operations.

-7.08%

Total Energy Loss

37,277MWh

1258 National Rank

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Cherokee Electric Cooperative Coverage Map

Coverage Map Placeholder

Cherokee Electric Cooperative State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
Alabama25,57665,776,00018100%

Cherokee Electric Cooperative County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Calhoun County115,788415.51$177.37/mo
Cherokee County24,975215.42$173.57/mo
DeKalb County71,998412.66$152.21/mo
Etowah County103,088215.92$178.92/mo

Cities Cherokee Electric Cooperative Has Coverage

* City coverage generated based on government data. Always verify you can get service from the provider.

Cherokee Electric Cooperative Reviews

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Cherokee Electric Cooperative FAQ:

Who is the CEO of Cherokee Electric Cooperative?

Randal Wilkie is the CEO of Cherokee Electric Cooperative.

How many counties does Cherokee Electric Cooperative provider electricity in?

Cherokee Electric Cooperative sells electricity in 4 counties.

What is the average bundled electricity rate for Cherokee Electric Cooperative customers?

Customers of Cherokee Electric Cooperative, on average, have an electricity bundled rate 14.92 cents per kilowatt hour (¢/kWh).

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

The average monthly bundled electric bill for customers of Cherokee Electric Cooperative is $168.18. The state average bundled bill is $164.27 and the nationwide average is $164.27.

What cities does Cherokee Electric Cooperative have customers in in?

Cherokee Electric Cooperative has customers in 9 cities throughout the US.

What is the phone number for Cherokee Electric Cooperative?

Cherokee Electric Cooperative's customer service phone number is (256) 927-5524

Matt Hope
Last Reviewed By: Matt Hope
Published: 2024-03-29