Coahoma Electric Power

About Coahoma Electric Power

Coahoma Electric Power supplies electricity to 7 counties and is classified as an electricity cooperative. At the time of the most recent government reports, the provider disclosed a total of 8,833 electricity customers being supplied electricity by the company. This total is made up of 6,692 residential accounts, 2,131 commercial customers and 10 industrial customer accounts. The residential electricity price for consumers of Coahoma Electric Power is, on average, 13.74 cents per kilowatt hour. While this is above the state average price of 13.35 cents per kilowatt hour, it is below the national average of 16.08 cents. There were a total of 165,549 megawatt hours sold via retail sales in 2019 by the company. The purchase of wholesale electricity made up 100.00% of the electricity sourced by the company. In 2019, they made a total of $19,566,200 from business activities relating to the sale and transfer of electricity. They had 97.12% of their revenue coming from retail sales to end users.

The average residential electricity bill for a consumer of Coahoma Electric Power is $159.06 per month. Electricity production is not part of the Coahoma Electric Power business model, as they purchase electricity at wholesale rates from other providers to then be resold to their end users.