Duck River Electric

About Duck River Electric

Duck River Electric is an electricity cooperative headquartered in Shelbyville, Tennessee and supplying electricity to customers in 9 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 84,836 customers being supplied electricity by the company. Exactly 15 of these customers are industrial accounts, 13,735 are commercial customers and 71,086 are residential properties. On average, Duck River Electric's residential electricity rate is 12.82 cents per kilowatt hour, ranking the company at 53rd out of 90 providers in Tennessee and 980th out of 2885 in the US. Around 1,894,572 megawatt hours were sold by the provider to retail accounts in 2023. The electricity sourced by the company is made up of primarily wholesale purchased megawatt hours, with 1,927,089 purchased by the company. The revenue for the company in 2023 from electricity sales was $226,291,800, with 97.18% coming from retail sales to end users.

The Tennessee average monthly residential power bill is $151.81, while the Duck River Electric average is 10.35% higher at $166.55 per month. Duck River Electric is the 74th ranked provider in the state for average monthly bill amount. The electricity grid managed by the company has 1.76 outages per consumer per year, with outages lasting an average of 175.16 minutes. The national average for other companies is 1.44 outages per customer and 123.49 minutes an outage. The company currently does not generate any of the electricity that they sell. Instead, they must purchase that electricity at wholesale rates from other companies and then resell it to end customers.