Denton Electric

About Denton Electric

Denton Electric is a municipally owned organization supplying electricity in 4 cities in Texas including Denton, Corinth, Krum, and Shady Shores. A total of 62,752 customers (90.35% residential accounts, 9.40% commercial accounts and 0.25% industrial customers) receive electricity from the company. Denton Electric's consumers are charged an average residential electricity rate of 10.83 cents per kilowatt hour. Fortunately for their consumers, this price is below both the Texas and the nationwide average prices of 15.13 and 15.70 cents per kilowatt hour, respectively. Denton Electric had total sales and disposition of 2,666,148 megawatt hours in 2023, of which 97.19% were via sales to end users. The electricity sourced by the company came from a combination of electricity generation from electricity facilities owned by Denton Electric and supplementary megawatt hours that they procured on wholesale channels. They produced 309,654 megawatt hours and purchased 2,356,494 wholesale megawatt hours. In 2023, the supplier earned 74.55% of their revenue from retail electricity sales. Their revenue from electricity activities was $262,134,300.

Customers of the supplier pay an average monthly residential electricity bill of $107.89. This is 22.21% lower than the US average bill of $138.7. The electricity grid owned by the provider has an average of 0.37 outages per consumer a year, with outages lasting an average of 35.84 minutes. The US average for other providers is 1.44 outages per consumer and approximately 123.49 minutes each outage. The company produces 286th megawatt hours from non-renewable fuel types per year. This makes them 41st out of 170 suppliers in the state. Denton Electric is ranked as the 333rd highest electricity generator in the nation out of 3530 companies.