Citizens Electric Corporation

About Citizens Electric Corporation

Citizens Electric Corporation is an electric cooperative. The largest city served by the company is Perryville, but the company also supplies electricity in 11 cities in the state. The supplier recently disclosed a total of 23,042 residential customer accounts, 2,890 commercial accounts and 113 industrial customers. This is the whole of their customers. Citizens Electric Corporation's average residential electricity rate per kilowatt hour is 16.01 cents per kilowatt hour. This is 1.28% less than the US average rate of 16.22 cents, which ranks the supplier 2181st out of 2885 suppliers in the nation for best average electricity price. Citizens Electric Corporation had total sales and disposition of 1,673,343 megawatt hours in 2023, of which 98.52% 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 1,673,343 wholesale megawatt hours. In 2023, the company had revenue of $136,893,000 from retail electricity sales and $46,000 from sales to wholesale customers. Their revenue from electricity activities was $137,064,000.

The US average monthly residential power bill is $143.38, while the Citizens Electric Corporation average is 30.82% higher at $187.57 per month. Citizens Electric Corporation ranks 2570th 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. Customers of the supplier deal with 1.32 power outages on average per year, with outages lasting around 159.79 minutes. The national averages for these data points are 1.44 outages at 123.49 minutes each.