Cumberland Valley Electric
Electricity Rates, Plans & Statistics
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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 24,047 customers. There are 1,599 commercial customer accounts, 72 industrial customer accounts and 22,376 residential accounts. Cumberland Valley Electric charges their consumers a residential electricity rate of 12.81 cents per kilowatt hour on average, which is 18.06% below the national average rate of 15.64 cents. This makes the supplier 1423rd out of 2893 companies in the nation for lowest average electricity rate. They sold 508,616 megawatt hours by way of retail sales in 2022. The electricity sourced by the supplier primarily came from megawatt hours that they purchased via the wholesale market. They purchased 533,412 wholesale megawatt hours. In 2022, the provider made a total of $59,963,000 from business activities relating to the sale and transfer of electricity. They had revenue of $57,810,000 from retail sales to end users.
The nationwide average monthly residential electricity bill is $132.69, while the Cumberland Valley Electric average is 11.49% higher at $147.94 per month. Cumberland Valley Electric is the 2200th ranked company in the nation for average monthly bill amount. 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 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.
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 4.55% of the electricity that they produce. This percentage of electricity lost gives them a rank of 771st best out of 3517 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 March.
Historical Electricity Rates:
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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
- Website:www.cumberlandvalley.coop
- Customer Service Phone:(606) 589-4421
- Contact Page:www.cumberlandvalley.coop
- Social Media:
Cumberland Valley Electric Service
- Rates & Plans:www.cumberlandvalley.coop
- Outage Map:ebill.cumberlandvalley.coop
- Outage Phone:(606) 589-4421
- States Served:
- Tennessee
- Kentucky
- Counties Served:
- Laurel County
- Whitley County
- Knox County
- Harlan County
- Bell County
- Major Cities Served:
- Corbin
- Williamsburg
- Barbourville
- Cumberland
- Rockholds CDP
- Table Of Contents:
Energy Loss
Cumberland Valley Electric's energy loss due to business operations.
Total Energy Loss
24,263MWh
771 National Rank
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Cumberland Valley Electric Coverage Map
Cumberland Valley Electric State Coverage
| State | Customers | Sales ($) | State Rank Based On Revenue | % of Provider's Residential Sales in State |
|---|---|---|---|---|
| Kentucky | 23,974 | 57,701,000 | 31 | 99.73% |
| Tennessee | 73 | 109,000 | 93 | 0.27% |
Cumberland Valley Electric County Coverage
| County | Population | Providers | Avg. County Rate (¢) | Avg. Electric Bill |
|---|---|---|---|---|
| Bell County | 24,674 | 2 | 12.02 | $130.48/mo |
| Harlan County | 26,921 | 3 | 12.14 | $133.22/mo |
| Knox County | 30,367 | 3 | 12.57 | $143.28/mo |
| Laurel County | 62,090 | 4 | 13.69 | $162.98/mo |
| Leslie County | 10,622 | 3 | 13.61 | $156.00/mo |
| Letcher County | 21,784 | 2 | 13.55 | $154.98/mo |
| McCreary County | 17,044 | 3 | 13.00 | $129.76/mo |
| Whitley County | 36,578 | 4 | 12.63 | $144.82/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 $147.94. The nationwide average is $132.69 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 12.81 cents per kilowatt hour (¢/kWh), compared to the average national BUNDLED rate of 15.64 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.
