City of Cushing Electric

About City of Cushing Electric

City of Cushing Electric is a municipally owned entity located in Cushing, Oklahoma and supplying power to customers in Payne County, Oklahoma. The average residential electricity rate for City of Cushing Electric is about 12.59 cents per kilowatt hour. This is 22.36% below the US average rate of 16.22 cents, resulting in the company ranking 898th lowest for average electricity rate out of 2885 suppliers in the US. In 2019 City of Cushing Electric sold 93.26% of their total megawatt hours disposed to end users (known as retail sales). Of the megawatt hours they sourced, 114,471 megawatt hours were procured by way of wholesale channels. They had $8,880,000 in total revenue for 2019 from electricity-related activities, all of which came from retail sales to end-users.

The nationwide average monthly residential electric bill is $143.38, while the City of Cushing Electric average is 28.17% less at $102.99 per month. This is the 599th lowest average monthly bill amount for a provider in the nation. With 575 megawatt hours produced from non-renewable fuel sources, City of Cushing Electric is the 17th largest generator of megawatt hours from non-renewable sources out of 87 suppliers in Oklahoma Electricity production is not part of the City of Cushing Electric business plan, as they purchase electricity at wholesale rates from other providers to then be resold to their end users. The company's electricity generating facilities have output of 534.25 megawatt hours by burning natural gas. This amount ranks them 17th highest out of 87 in the state for total natural gas production.