Citizens Electric Corporation

About Citizens Electric Corporation

Citizens Electric Corporation is an electric cooperative. The largest city served by the company is Jackson, but the company also supplies electricity in 12 cities in the state. The supplier recently disclosed a total of 25,027 residential customer accounts, 2,785 commercial accounts and 110 industrial customers. This is the whole of their customers. Citizens Electric Corporation's average residential electricity rate per kilowatt hour is 13.93 cents per kilowatt hour. This is 10.90% less than the US average rate of 15.64 cents, which ranks the supplier 1904th out of 2893 suppliers in the nation for best average electricity price. Citizens Electric Corporation had total sales and disposition of 1,712,319 megawatt hours in 2022, of which 98.51% were from retail sales and 0.02% were from wholesale sales to other providers. The megawatt hours sourced by the supplier primarily came from megawatt hours that they purchased by way of the wholesale market. They purchased 1,712,319 wholesale megawatt hours. In 2022, the company had revenue of $152,922,500 from retail electricity sales and $42,000 from sales to wholesale customers. Their revenue from electricity activities was $153,098,000.

The US average monthly residential power bill is $132.69, while the Citizens Electric Corporation average is 9.04% higher at $144.69 per month. Citizens Electric Corporation ranks 2138th in the United States for average monthly bill total. The company does not have ownership in any electricity generation facilities and all of the power that they sell to their customers must be purchased from other providers.