Cleveland Utilities

About Cleveland Utilities

Cleveland Utilities provides electricity in Cleveland, Tennessee. There are a total of 34,297 customer accounts who are receiving electricity from the company. These accounts are made up of 18 industrial properties, 5,003 commercial accounts and 29,276 residential properties. Cleveland Utilities' average residential electricity rate per kilowatt hour is 12.82 cents per kilowatt hour. This is 20.97% below the US average price of 16.22 cents, ranking the supplier at 1011th lowest for average electricity rate out of 2885 companies in the country. The company had sales of 984,597 megawatt hours in 2023 through retail sales. During the same timeframe, the company acquired 1,008,851 megawatt hours through wholesale channels. In 2023, the supplier earned a total of $106,477,000 from retail electricity sales to end users. Their revenue from electricity activities was $108,930,900.

Patrons of the supplier pay an average monthly residential electric bill of $151.52. This is 5.68% higher than the national average bill of $143.38. Electricity production is not part of the Cleveland Utilities business model, as they purchase power at wholesale rates to then be resold to their end users. The supplier's consumers experience an average of 0.87 electrical outages per consumer per year. These outages last on average of 51.35 minutes, while the nationwide average is 1.44 outages per customer and 123.49 minutes an outage.