Cumberland Valley Electric

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About Cumberland Valley Electric

Cumberland Valley Electric is an electric cooperative providing electricity in 2 different states within the country. This service area also comprises 4 cities within these states. The company has 23,835 customers. There are 1,548 commercial customer accounts, 76 industrial customer accounts and 22,211 residential accounts. Cumberland Valley Electric charges their consumers a residential electricity rate of 10.18 cents per kilowatt hour on average, which is 27.85% below the national average rate of 14.11 cents. A total of 402,449 megawatt hours were sold via retail sales in 2020 by the supplier. During the same timeframe, Cumberland Valley Electric procured 424,473 megawatt hours via wholesale electricity channels. The revenue for Cumberland Valley Electric for 2020 from electricity sales was $40,644,000, with 95.92% coming from retail sales to end users.

The national average monthly residential electricity bill is $125.95, while the Cumberland Valley Electric average is 9.71% less at $113.73 per month. The supplier currently does not generate any of the electricity that they sell. Instead, they must purchase that electricity at wholesale prices from other suppliers and then resell it to end users.

Cumberland Valley Electric Net Metering

Cumberland Valley Electric offers net metering choices to consumers. This is a positive for any consumer potentially purchasing personal solar panels, as net metering allows them to sell their unused megawatt hours into the grid.

Energy Loss

Losing energy due to heat dissipation during electricity transmission and other causes is a reality of being in the electricity production business. Electricity providers are required to report these losses to government agencies who track electricity infrastructure efficiencies. Cumberland Valley Electric reported a yearly loss of roughly 5.08% of the electricity that they produce. This percentage of electricity lost gives them a rank of 918th best out of 3509 suppliers who report energy loss in the country.

Cumberland Valley Electric Rate & Electric Bills

Cumberland Valley Electric residential electric rates are highest in January and the highest average bill is in April.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.106/kWh$0.102/kWh$124.27/mo.$113.73/mo.
567th10.18¢Cumberland Valley Electric's Average residential price per kWh
1571st$113.73Average monthly electricity bill for Cumberland Valley Electric's residential customers

Cumberland Valley Electric Overview

  • Company Type:Cooperative
  • Headquarters:15997 North US Highway 119
    Cumberland, Kentucky 40823
    United States of America
  • CEO:Ted Hampton

Cumberland Valley Electric Contact

Cumberland Valley Electric Service

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Energy provider of the year for Tennessee, Mid-Sized Provider Category
Lowest Average Residential Monthly Bill
Tennessee, Mid-Sized Provider Category
Claim Award

Energy Loss

Cumberland Valley Electric's energy loss due to business operations.

-5.08%

Total Energy Loss

21,546MWh

918 National Rank

Cumberland Valley Electric Coverage Map

Coverage Map Placeholder

Cumberland Valley Electric State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
Kentucky23,76338,908,0003299.74%
Tennessee7279,000910.26%

Cumberland Valley Electric County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Bell County24,097211.69$133.73/mo
Harlan County26,831311.46$130.70/mo
Knox County30,193310.36$115.65/mo
Laurel County62,613411.42$131.99/mo
Leslie County10,513314.07$170.51/mo
Letcher County21,548214.08$170.59/mo
McCreary County16,888311.82$126.81/mo
Whitley County36,712410.29$114.38/mo

Cities Cumberland Valley Electric Has Coverage

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

Cumberland Valley Electric Reviews

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Cumberland Valley Electric FAQ:

Who is the CEO of Cumberland Valley Electric?

The CEO of Cumberland Valley Electric is Ted Hampton.

How many states does Cumberland Valley Electric sell electricity to?

There are 2 states that receive at least some electricity coverage by Cumberland Valley Electric including Tennessee and Kentucky.

What is the phone number for Cumberland Valley Electric?

The Cumberland Valley Electric phone number is (606) 589-4421.

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

Currently, the average monthly bundled electric bill for customers of Cumberland Valley Electric is $113.73. The nationwide average is $125.95 for bundled service.

What is the average BUNDLED electricity rate for Cumberland Valley Electric customers?

Cumberland Valley Electric's current average BUNDLED electricity rate is 10.18 cents per kilowatt hour (¢/kWh), compared to the average national BUNDLED rate of 14.11 cents.

What cities does Cumberland Valley Electric supply electricity to?

Cumberland Valley Electric serves 4 cities in the US.

How many counties does Cumberland Valley Electric sell electricity to?

There are 8 counties that receive at least some electricity coverage by Cumberland Valley Electric including Tennessee and Kentucky.

Last Reviewed By: King Manalo
Published: 2022-08-01