Electricity Rates, Plans & Statistics
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About Coast Electric
Coast Electric provides electricity to 4 counties and is classified as an electricity cooperative. Coast Electric has an average residential electricity rate of 13.23 cents per kilowatt hour , which is lower than both the state and the US average rates of 13.34 and 15.61 cents per kilowatt hour, respectively. Roughly 1,826,921 megawatt hours were sold by the company to retail end users in 2022. During the same timeframe, the supplier purchased 1,929,857 megawatt hours via the wholesale electricity market. In 2022, they made a total of $231,040,000 from business activities relating to the sale and transfer of electricity. They had 90.94% of their revenue coming from retail sales to end users.
The average residential power bill for a customer of Coast Electric is $159.56 per month. Consumers of the supplier pay 7.17% more compared to the rest of the state. Electricity generation is not part of the Coast Electric business plan, as they purchase electricity at wholesale rates to then be resold to their customers.
Customers of Coast Electric are able to take advantage of net metering, which is a positive for both parties. Without net metering, solar panel installation is significantly less attractive economically, as consumers have no way to sell extra energy back into the grid.
Coast Electric reported a yearly loss of about 5.17% of the electricity that they produce. Loss of electricity due to heat dissipation during electricity transmission and other causes is a reality of being in the electricity generation industry and electricity providers must report these losses. Coast Electric's energy loss numbers place them at of 18th best out of the 48 providers that operate in Mississippi and report energy loss and 928th best out of 3510 in the country.
Coast Electric Rate & Electric Bills
Coast Electric residential electric rates are highest in January and the highest average bill is in June.
Historical Electricity Rates:
Coast Electric Overview
- Company Type:Cooperative
- Headquarters:18020 Highway 603
Kiln, Mississippi 39556
United States of America
- CEO:Ron Barnes
Coast Electric Contact
Coast Electric Service
- States Served:
- Counties Served:
- Harrison County
- Pearl River County
- Hancock County
- Stone County
- Major Cities Served:
- Long Beach
- Bay St. Louis
- Pass Christian
- Table Of Contents:
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Coast Electric's energy loss due to business operations.
Total Energy Loss
928 National Rank
Coast Electric Coverage Map
Coast Electric State Coverage
|State||Customers||Sales ($)||State Rank Based On Revenue||% of Provider's Residential Sales in State|
Coast Electric County Coverage
Cities Coast Electric Has Coverage
* City coverage generated based on government data. Always verify you can get service from the provider.
Coast Electric Reviews
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Coast Electric FAQ:
How much is the average bundled bill for Coast Electric customers each month?
Coast Electric currently has an average monthly bundled electric bill of $159.56, compared to the Mississippi average of $150.00 and the US of $150.00 for bundled service.
What is the average bundled electricity rate for Coast Electric customers?
Coast Electric's current average bundled electricity rate is 13.23 cents per kilowatt hour (¢/kWh), compared to the average state bundled rate of 13.34 cents and the average nationwide rate of 15.61 cents.
What is the phone number for Coast Electric?
The Coast Electric phone number is (877) 769-2372.
How many counties does Coast Electric supply electricity in?
Coast Electric supplies electricity to customers in 4 counties throughout the nation.
What cities does Coast Electric sell electricity in?
Coast Electric serves 10 cities throughout the United States.
Who is the CEO of Coast Electric?
Coast Electric's current CEO is Ron Barnes.