Duck River Electric

About Duck River Electric

Duck River Electric is an electricity cooperative headquartered in Shelbyville, Tennessee and supplying electricity to customers in 13 counties in Tennessee including counties like Rutherford County, Maury County, Coffee County, Bedford County, and Franklin County. Electricity suppliers must regularly report the total number of customers they have to government agencies. On the most recent reports the company disclosed a total of 79,952 customers being supplied electricity by the company. Exactly 15 of these customers are industrial accounts, 12,520 are commercial customers and 67,417 are residential properties. On average, Duck River Electric's residential electricity rate is 11.61 cents per kilowatt hour, ranking the company at 66th out of 90 providers in Tennessee and 1248th out of 2923 in the US. Around 1,781,192 megawatt hours were sold by the provider to retail accounts in 2020. The electricity sourced by the company is made up of primarily wholesale purchased megawatt hours, with 1,872,351 purchased by the company. The revenue for the company in 2020 from electricity sales was $191,788,400, with 97.08% coming from retail sales to end users.

The Tennessee average monthly residential power bill is $129.76, while the Duck River Electric average is 20.28% higher at $154.35 per month. Duck River Electric is the 89th ranked provider in the state for average monthly bill amount. The company currently does not generate any of the electricity that they sell. Instead, they must purchase that electricity at wholesale prices from other companies and then resell it at a higher rate to end consumers.