Cotton Electric Coop

About Cotton Electric Coop

Cotton Electric Coop is an electricity cooperative supplying electricity in Oklahoma. The supplier recently reported a total of 20,435 residential customer accounts, 4,235 commercial accounts and 30 industrial customers, which makes up the entirety of their customer base. Cotton Electric Coop's customers are charged an average residential electricity rate of 12.50 cents per kilowatt hour. This is 0.70% above Oklahoma's average rate of 12.42 cents, resulting in the supplier ranking 43rd best for average electricity price out of 93 providers in the state. In 2023 the company sold 848,946 megawatt hours to end users (known as retail sales). The electricity sourced by the company is made up of primarily wholesale purchased megawatt hours, with 874,653 procured by the company. The revenue for the company for 2023 from electricity sales was $80,100,000, with $79,650,700 from retail sales to end users.

The average monthly residential power bill for a consumer of Cotton Electric Coop is $172.8 per month. Patrons of the company are stuck with a 26.28% markup compared to the rest of the state. The supplier currently does not produce any of the electricity that they sell. Instead, they must purchase that electricity at wholesale rates from other suppliers and then resell it at a higher rate to end users. The supplier's consumers are faced with an average of 2.32 power outages per consumer each year. These outages last on average of 230.73 minutes, while the nationwide average is 1.44 outages per consumer and 123.49 minutes per outage.