Chickasaw Electric Cooperative

About Chickasaw Electric Cooperative

Chickasaw Electric Cooperative is headquartered in Somerville, Tennessee and supplies electricity in 2 states throughout the United States. The company recently reported a total of 21,158 total customers. Roughly 0.02% of them are industrial accounts, 15.15% of them are commercial customers and 84.83% are residential accounts. On average, Chickasaw Electric Cooperative's residential electricity price is 9.76 cents per kilowatt hour, which is 14.01% less than Tennessee's average price of 11.35 cents. This makes the supplier 2nd out of 90 suppliers in the state for lowest average electricity rate. A total of 489,793 megawatt hours were sold to retail accounts in 2020 by the provider. The electricity sourced was made up of megawatt hours purchased via the wholesale electricity market. They purchased 515,253 wholesale megawatt hours. Their revenue in 2020 from electricity activities was $47,362,600, with 96.81% coming from retail sales to end users.

The state average monthly residential electricity bill is $135.07, while the Chickasaw Electric Cooperative average is 1.48% higher at $133.21 per month. Chickasaw Electric Cooperative is the 64th ranked supplier in the state for average monthly bill amount. The provider's consumers are faced with an average of 2.45 power outages per consumer each year. These outages go on for an average of 206.4 minutes, while the nationwide average is 1.21 outages per customer and 122.99 minutes per outage. The supplier 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 consumers.