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 23,673 customers. There are 1,655 commercial customer accounts, 113 industrial customer accounts and 21,905 residential accounts. Cumberland Valley Electric charges their consumers a residential electricity rate of 13.12 cents per kilowatt hour on average, which is 16.85% below the national average rate of 15.77 cents. This makes the supplier 1236th out of 2881 companies in the nation for lowest average electricity rate. They sold 509,780 megawatt hours by way of retail sales in 2023. The electricity sourced by the supplier primarily came from megawatt hours that they purchased via the wholesale market. They purchased 531,897 wholesale megawatt hours. In 2023, the provider made a total of $58,485,000 from business activities relating to the sale and transfer of electricity. They had revenue of $56,346,000 from retail sales to end users.
The nationwide average monthly residential electricity bill is $139.96, while the Cumberland Valley Electric average is 9.14% higher at $152.76 per month. Cumberland Valley Electric is the 2181st ranked company in the nation for average monthly bill amount. The grid operated by the company has 2.74 outages per consumer per year, with outages lasting roughly 339.7 minutes. The US average for other companies is 1.44 outages per customer and 123.49 minutes each outage. The provider currently does not produce their own electricity. Instead, they must purchase that electricity at wholesale rates and then resell it to end consumers.
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 4.07% of the electricity that they produce. This percentage of electricity lost gives them a rank of 834th best out of 3529 suppliers who report energy loss in the country.
Cumberland Valley Electric Rate & Electric Bills
Cumberland Valley Electric residential electric rates are highest in August and the highest average bill is in August.
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
Energy Loss
Cumberland Valley Electric's energy loss due to business operations.
Total Energy Loss
21,665MWh
834 National Rank
Grid Reliability
Length & Frequency of Cumberland Valley Electric's Power Outages
339.7 min.
vs. national average of 123.49 min.
2.74 outages/yr
vs. national average of 1.44
Power Outages
Currently, 0 customers are being tracked in Cumberland Valley Electric.
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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 | 23,598 | 59,345,276.67 | 29 | 99.72% |
Tennessee | 75 | 112,958.68 | 92 | 0.28% |
Cumberland Valley Electric County Coverage
County | Population | Providers | Avg. County Rate (¢) | Avg. Electric Bill |
---|---|---|---|---|
Bell County | 24,674 | 2 | 11.97 | $132.12/mo |
Harlan County | 26,921 | 3 | 12.15 | $135.45/mo |
Knox County | 30,367 | 3 | 12.83 | $147.68/mo |
Laurel County | 62,090 | 3 | 13.55 | $162.60/mo |
Leslie County | 10,622 | 3 | 14.15 | $167.58/mo |
Letcher County | 21,784 | 2 | 14.13 | $167.03/mo |
McCreary County | 17,044 | 3 | 12.94 | $133.67/mo |
Whitley County | 36,578 | 4 | 12.90 | $149.63/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 offer service in?
Cumberland Valley Electric sells electricity in 2 states.
How many counties does Cumberland Valley Electric offer service to?
Cumberland Valley Electric supplies electricity in 8 counties.
When will Cumberland Valley Electric power be restored?
Cumberland Valley Electric's outages last, on average, roughly 339.7 minutes per outage.
How much is the average bundled bill for Cumberland Valley Electric customers each month?
Customers of Cumberland Valley Electric pay, on average, a monthly bundled bill of $152.76.
What is the average BUNDLED electricity rate for Cumberland Valley Electric customers?
The average BUNDLED rate of electricity for consumers of Cumberland Valley Electric is 13.12 cents per kilowatt hour (¢/kWh).
What is the phone number for Cumberland Valley Electric?
The Cumberland Valley Electric phone number is (606) 589-4421.
What cities does Cumberland Valley Electric offer service to?
Cumberland Valley Electric supplies to 4 cities in the country.