Claremore Utilities

About Claremore Utilities

Claremore Utilities is headquartered in Claremore, Oklahoma and it provides electricity in the residents that call the city home. There are a total of 13,771 customer accounts receiving service from the company. These customer accounts are made up of 88.88% residential customer accounts, 10.10% commercial customer accounts and 1.02% industrial properties. The average residential electricity price for Claremore Utilities is roughly 15.08 cents per kilowatt hour, which is 21.47% above the average state rate of 12.42 cents, a potentially frustrating situation for their customers. In 2023 they sold 92.02% of their total megawatt hours disposed via normal retail sales to end users. The megawatt hours sourced by the company primarily came from megawatt hours that they purchased via wholesale channels. They purchased 307,138 megawatt hours on the wholesale market. The provider made $32,693,000 in 2023 from electricity sales to end users alone.

The Oklahoma average monthly residential electricity bill is $135.12, while the Claremore Utilities average is 11.10% higher at $151.03 per month. Claremore Utilities ranks 69th in the state for average monthly bill total. The supplier's consumers are faced with an average of 3.25 power outages per customer a year. These outages are on average 242.98 minutes, while the national average is 1.44 outages per consumer and 123.49 minutes each outage. The provider does not have ownership in any electricity generation facilities and all of the megawatt hours that they sell to their customers must be purchased wholesale from other providers.