DEMCO Electric: Rates and Coverage Area

DEMCO Electric

Electricity Rates, Plans & Statistics

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About DEMCO Electric

DEMCO Electric is headquartered in Denham Springs, Louisiana and supplies electricity in 7 counties in the state. There are a total of 115,240 customers who are receiving service from the provider. These accounts are made up of 0.44% industrial properties, 6.52% commercial locations and 93.05% residential properties. DEMCO Electric bills their consumers a residential electricity price of 12.68 cents per kilowatt hour on average, which is 12.57% above the average state rate of 11.26 cents. They sold 2,172,277 megawatt hours in 2022 via retail sales. The electricity they sourced was made up of megawatt hours that they procured via the wholesale electricity market. They purchased 2,351,323 megawatt hours on the wholesale market. Their revenue in 2022 from electricity activities was $316,868,100, with 98.02% coming from retail sales to end users.

The nationwide average monthly residential power bill is $135.78, while the DEMCO Electric average is 23.51% more at $167.7 per month. DEMCO Electric is the 2580th ranked supplier in the nation for average monthly bill total. The company does not have ownership in any electricity production facilities and all of the power that they sell to their consumers must be purchased wholesale from other companies.

DEMCO Electric Net Metering

Luckily, DEMCO Electric allows consumers to take part in net metering. Net metering makes solar panel purchases more economically viable as it gives the ability for individuals to sell electricity back to the grid.

Energy Loss

Losing electricity from heat dissipation during electricity transmission and other causes is a reality of operating in the electricity generation business. Suppliers must report these losses. DEMCO Electric reported an annual loss of around 7.61% of the electricity that they transmit. This percentage of energy lost results in them being given a rank of 1312th best out of 3518 providers who report energy loss in the United States.

DEMCO Electric Rate & Electric Bills

DEMCO Electric residential electric rates are highest in January and the highest average bill is in June.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.157/kWh$0.083/kWh$282.80/mo.$95.22/mo.
1129th12.68¢DEMCO Electric's Average residential price per kWh
2580th$167.7Average monthly electricity bill for DEMCO Electric's residential customers

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DEMCO Electric Overview

  • Company Type:Cooperative
  • Headquarters:1810 South Range Avenue
    Denham Springs, Louisiana 70726
    United States of America
  • CEO:Randy Pierce

DEMCO Electric Contact

DEMCO Electric Service

Energy Loss

DEMCO Electric's energy loss due to business operations.

-7.61%

Total Energy Loss

179,046MWh

1312 National Rank

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DEMCO Electric Coverage Map

Coverage Map Placeholder

DEMCO Electric State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
Louisiana115,240269,183,125.817100%

DEMCO Electric County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Ascension Parish130,458211.72$152.46/mo
East Baton Rouge Parish450,544211.72$152.46/mo
East Feliciana Parish19,588211.72$152.46/mo
Livingston Parish148,425211.74$152.88/mo
St. Helena Parish10,881211.72$152.46/mo
Tangipahoa Parish137,048311.06$146.07/mo
West Feliciana Parish15,334211.72$152.46/mo

Cities DEMCO Electric Has Coverage

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

DEMCO Electric Reviews

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DEMCO Electric FAQ:

What is the phone number for DEMCO Electric?

The DEMCO Electric phone number is (844) 693-3626.

Who is the CEO of DEMCO Electric?

DEMCO Electric's current CEO is Randy Pierce.

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

DEMCO Electric currently has an average monthly bundled electric bill of $167.70, compared to the Louisiana average of $140.00 and the nationwide of $140.00 for bundled service.

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

The average bundled price of electricity for customers of DEMCO Electric is 12.68 cents per kilowatt hour (¢/kWh).

How many counties does DEMCO Electric provider electricity to?

There are 7 counties that receive at least some electricity coverage by DEMCO Electric including Louisiana.

What cities does DEMCO Electric have customers in in?

DEMCO Electric serves 31 cities.

Nick Reese
Last Reviewed By: Nick Reese
Published: 2023-12-06