Electricity Rates, Plans & Statistics
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About Choctaw Electric
Choctaw Electric is an electricity cooperative with headquarters in Hugo, Oklahoma and supplying electricity to customers in 6 counties in Oklahoma. The company recently disclosed a total of 19,401 total customers, 98.39% of which are residential accounts, 1.60% are commercial customer accounts and 0.01% are industrial properties. On average, Choctaw Electric's residential electricity rate is 12.97 cents per kilowatt hour. Unfortunately, this is 11.16% more than Oklahoma's average price of 11.67 cents. About 470,023 megawatt hours were sold by the supplier to retail accounts in 2020. The electricity sourced by Choctaw Electric is made up primarily of megawatt hours they purchased on wholesale channels. This category makes up 100.00% of all electricity sourced. In 2020, they made a total of $46,982,300 from business activities relating to the sale and transfer of electricity. They had revenue of $46,554,200 from retail sales to end users.
The national average monthly residential power bill is $125.95, while the Choctaw Electric average is 16.22% higher at $146.38 per month. Choctaw Electric is the 2507th ranked supplier in the country for average monthly bill amount. Electricity production is not part of the Choctaw Electric business plan, as they purchase electricity at wholesale rates to then be resold to their customers.
Choctaw Electric is one of 22 electricity suppliers in the state who offer net metering to their customers. Without net metering, solar panel purchased are significantly less economically feasible, as citizens have no way to sell unused energy back to their supplier.
Choctaw Electric currently loses about 4.18% of the electricity that they produce. Choctaw Electric's energy loss numbers leave them with a rank of 19th best out of the 87 providers that operate in the state and report energy loss and 688th best out of 3509 in the US.
Choctaw Electric Rate & Electric Bills
Choctaw Electric residential electric rates are highest in January and the highest average bill is in June.
Historical Electricity Rates:
Choctaw Electric Overview
- Company Type:Cooperative
- Headquarters:1033 North 4250 Road
Hugo, Oklahoma 74743
United States of America
- CEO:Kooney Duncan
Choctaw Electric Contact
Choctaw Electric Service
- Rates & Plans:drive.google.com
- Outage Phone:(800) 780-6486
- States Served:
- Counties Served:
- Le Flore County
- Bryan County
- McCurtain County
- Choctaw County
- Atoka County
- Major Cities Served:See all cities
- Table Of Contents:
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Choctaw Electric's energy loss due to business operations.
Total Energy Loss
688 National Rank
Choctaw Electric Coverage Map
Choctaw Electric State Coverage
|State||Customers||Sales ($)||State Rank Based On Revenue||% of Provider's Residential Sales in State|
Choctaw Electric County Coverage
Cities Choctaw Electric Has Coverage
* City coverage generated based on government data. Always verify you can get service from the provider.
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Choctaw Electric FAQ:
How much is the average bundled bill for Choctaw Electric customers each month?
Currently, the average monthly bundled electric bill for customers of Choctaw Electric is $146.38. The Oklahoma average bundled bill is $129.83 and the United States average is $129.83.
What is the phone number for Choctaw Electric?
You can reach Choctaw Electric by phone via (800) 780-6486.
Who is the CEO of Choctaw Electric?
The CEO of Choctaw Electric is Kooney Duncan.
What is the average bundled electricity rate for Choctaw Electric customers?
The average bundled rate of electricity for customers of Choctaw Electric is 12.97 cents per kilowatt hour (¢/kWh).
What cities does Choctaw Electric provider electricity to?
Choctaw Electric has customers in 13 cities in the nation including Oklahoma.
How many counties does Choctaw Electric sell electricity to?
Choctaw Electric sells electricity to customers in 6 counties.