Craighead Electric: Rates and Coverage Area

Craighead Electric

Electricity Rates, Plans & Statistics

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About Craighead Electric

Craighead Electric is an electricity cooperative. The largest city served by the supplier is Jonesboro, but the company also provides electricity to 33 cities in Arkansas. Craighead Electric's consumers are charged an average residential electricity rate of 12.59 cents per kilowatt hour, which is 0.39% lower than Arkansas' average price of 12.64 cents and 20.08% lower than the nationwide average of 15.76 cents. They had sales of 569,112 megawatt hours in 2022 sold to end users. During the same timeframe, Craighead Electric procured 621,238 megawatt hours via the wholesale market. The total revenue for Craighead Electric for 2022 from electricity sales was $77,283,000, with 94.29% coming from retail sales to end users.

The US average monthly residential electric bill is $135.34, while the Craighead Electric average is 19.23% higher at $161.37 per month. Craighead Electric ranks 2490th in the US for average monthly bill total. The provider currently does not produce their own electricity. Instead, they must purchase that electricity at wholesale prices and then resell it at a higher rate to end users.

Craighead Electric Net Metering

Craighead Electric is one of 28 companies in the state who offer net metering to their consumers. Net metering allows citizens to sell kilowatt hours back to the grid, making the installation of solar and other alternative electricity sources a cheaper project.

Energy Loss

Craighead Electric has energy loss of 8.28% of their total generation due to heat dissipation and other causes. These averages enable us to compare and contrast the grid efficiencies of the various suppliers who operate around the US. Craighead Electric has been given a rank of 1354th best out of 3526 providers who report energy loss in the country.

Craighead Electric Rate & Electric Bills

Craighead Electric residential electric rates are highest in February and the highest average bill is in July.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.140/kWh$0.092/kWh$240.90/mo.$97.60/mo.
1060th12.59¢Craighead Electric's Average residential price per kWh
2490th$161.37Average monthly electricity bill for Craighead Electric's residential customers

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Craighead Electric Overview

  • Company Type:Cooperative
  • Headquarters:4314 Stadium Boulevard
    Jonesboro, Arkansas 72403
    United States of America
  • CEO:Brian Duncan

Craighead Electric Contact

Craighead Electric Service

Energy provider of the year for Arkansas, Mid-Sized Provider Category
Shortest Average Electricity Outages
Arkansas, Mid-Sized Provider Category
Claim Award
Energy provider of the year for Arkansas, Mid-Sized Provider Category
Top 3 Lowest Residential Electricity Rate
Arkansas, Mid-Sized Provider Category
Claim Award
Energy provider of the year for Arkansas, Mid-Sized Provider Category
Least Outages Per Year
Arkansas, Mid-Sized Provider Category
Claim Award

Energy Loss

Craighead Electric's energy loss due to business operations.

-8.28%

Total Energy Loss

51,447MWh

1354 National Rank

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Craighead Electric Coverage Map

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Craighead Electric State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
Arkansas31,26271,690,905.9717100%

Craighead Electric County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Craighead County113,017312.66$147.09/mo
Crittenden County48,338312.96$143.56/mo
Greene County45,665311.94$142.54/mo
Independence County37,796313.33$141.79/mo
Lawrence County16,292212.90$150.81/mo
Poinsett County23,212212.98$148.13/mo
Randolph County18,442314.36$140.53/mo

Cities Craighead Electric Has Coverage

* City coverage generated based on government data. Always verify you can get service from the provider.

Craighead Electric Reviews

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Craighead Electric FAQ:

Who is the CEO of Craighead Electric?

The current CEO of Craighead Electric is Brian Duncan.

What cities does Craighead Electric supply electricity in?

Craighead Electric supplies in 33 cities in the country.

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

Consumers of Craighead Electric pay, on average, a monthly bundled bill of $161.37.

What is the phone number for Craighead Electric?

You can reach Craighead Electric by phone via (870) 932-8301.

How many counties does Craighead Electric supply electricity to?

Craighead Electric offers service in 7 counties in the US.

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

Consumers of Craighead Electric, on average, have an electricity bundled rate 12.59 cents per kilowatt hour (¢/kWh).

Ginalyn Gelera
Last Reviewed By: Ginalyn Gelera
Published: 2024-07-02