Conway Electric

Electricity Rates, Plans & Statistics

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About Conway Electric

Conway Electric is a municipally owned entity supplying electricity in Conway, Arkansas and rural areas of Faulkner County. Electricity providers must regularly report the total number of customers signed up for their services to government agencies. In the most recent report the supplier reported a total of 28,375 residential customers, 3,037 commercial accounts and 98 industrial customers receiving their services. This is the entirety of their customers. Conway Electric's average residential electricity price per kilowatt hour is 6.83 cents per kilowatt hour, which is 38.20% lower than Arkansas' average price of 11.05 cents. This makes the company 4th out of 41 companies in the state for lowest average electricity rate. A total of 891,076 megawatt hours were sold through retail sales in 2020 by the company. The megawatt hours sourced by the supplier came from a blend of electricity production from electricity plants owned by Conway Electric and supplementary megawatt hours that they acquired via wholesale channels. Their total revenue in 2020 from electricity activities was $56,131,400, with 97.20% coming from retail sales to end users.

The US average monthly residential power bill is $121.23, while the Conway Electric average is 44.71% below at $67.03 per month. This is the 158th lowest average monthly bill amount for a supplier in the United States. The company ranks as the 189th highest producer of megawatt hours from burning coal out of 3509 electric suppliers in the nation. Conway Electric produces 219,385.1 megawatt hours from their generation plants, ranking them as the 322nd highest producer of electricity of all 3509 electricity providers in the US. Electricity generation plants associated with the company use non-renewable fuel types to generate 100.00% of their total electricity generation, or 219,385.1 megawatt hours. They rank 21st out of 36 companies in the state.

Conway Electric Net Metering

Consumers of Conway Electric are able to participate in net metering solutions, which is a positive for both parties. Net metering makes solar panel installation more economically feasible as it gives the ability for people to sell electricity back to their electricity provider.

Energy Loss

Electricity providers routinely submit reports for energy lost through heat dissipation and other causes to government agencies who track infrastructure efficiencies. Conway Electric recently reported a loss of 3.52% of the electricity generation total. The state of Arkansas has an energy loss average of 3.39% and the countrywide average is 2.76%, giving Conway Electric a rank of 499th best out of 3509 providers who report energy loss in the United States.

Conway Electric Rate & Electric Bills

Conway Electric residential electric rates are highest in January and the highest average bill is in November.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.068/kWh$0.066/kWh$71.20/mo.$65.13/mo.
82nd6.83¢Conway Electric's Average residential price per kWh
158th$67.03Average monthly electricity bill for Conway Electric's residential customers

Conway Electric Overview

  • Company Type:Municipal
  • Headquarters:650 Locust Street
    Conway, Arkansas 72034
    United States of America
  • Director/Superintendent:Bret Carroll

Conway Electric Contact

Conway Electric Service

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Quick Facts About Conway Electric

Based on megawatt hours generated, Conway Electric is the 22nd largest electricity company out of 56 suppliers in Arkansas.

Energy provider of the year for Arkansas, Major Provider Category
Lowest Average Residential Monthly Bill
Arkansas, Major Provider Category
Claim Award
Energy provider of the year for Arkansas, Major Provider Category
Top 3 Lowest Residential Electricity Rate
Arkansas, Major Provider Category
Claim Award
Energy provider of the year for Arkansas, Major Provider Category
Lowest Average Residential Monthly Bill
Arkansas, Major Provider Category
Claim Award

Energy Loss

Conway Electric's energy loss due to business operations.

-3.52%

Total Energy Loss

32,531MWh

499 National Rank

Conway Electric Energy Makeup

Conway Electric Coverage Map

Coverage Map Placeholder

Conway Electric State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
Arkansas31,51054,559,40018100%

Conway Electric County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Faulkner County123,498511.28$115.38/mo

Power Plants Owned by Conway Electric

PlantCity/CountyStatePrimary Fuel TypeProduction (MWh)Emission (kg)Emissions/MWhToxic Chemical ReleaseClosing Date
Jefferson County AR Coal 6,541,8456,096,030,447.61931.85
Independence County AR Coal 4,427,410.014,500,299,829.971,016.46

Conway Electric Fuel Makeup

COAL
Coal
Coal
Coal
Coal
Coal
Coal
Coal
Coal
Coal
Coal
99.71%
DISTILLATE FUEL OIL
Distillate Fuel Oil
0.29%

Conway Electric Reviews

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Conway Electric FAQ:

What is the phone number for Conway Electric?

You can reach Conway Electric by phone via (501) 450-6000.

Who is the CEO of Conway Electric?

The CEO of Conway Electric is Bret Carroll.

How many power plants are owned by or associated with Conway Electric?

There are 2 power plants associated with or owned by Conway Electric.

What percentage of Conway Electric's electricity is generated using nonrenewable fuel sources?

Power plants owned by or associated with Conway Electric generate 100.00% of their electricity using nonrenewable fuel types.

How much is the average bundled bill for Conway Electric customers each month?

Customers of Conway Electric pay, on average, a monthly bundled bill of $67.03.

What is the average bundled electricity rate for Conway Electric customers?

The average bundled rate of electricity for consumers of Conway Electric is 6.83 cents per kilowatt hour (¢/kWh).

What percentage of Conway Electric's electricity is produced from renewable fuels?

Power plants owned by or associated with Conway Electric generate 0% of their electricity from renewable fuel types.

Last Reviewed By: Ginalyn Gelera
Published: 2022-08-01