Duncan Utilities

About Duncan Utilities

Duncan Utilities is a municipally owned organization providing electricity in Duncan, Oklahoma and other areas of Stephens County. At the moment, 8,781 customers receive their electricity from the provider. These customers are a mix of 7,290 residential customers, 1,439 commercial customers and 52 industrial accounts. Duncan Utilities charges their customers a residential electricity rate of 10.92 cents per kilowatt hour on average, which is 30.13% lower than the national average rate of 15.64 cents. This ranks the company 593rd out of 2893 companies in the nation for lowest average electricity price. The company sold 184,253 megawatt hours through retail sales in 2019. The electricity sourced by the company is made up primarily of megawatt hours they acquired on the wholesale market. Of the total electricity sourced by the company, whole purchased made up 102.98%. The supplier made $18,991,600 in total revenue in 2019 through retail electricity sales alone.

The average monthly residential electricity bill for a customer of Duncan Utilities is $116.68 per month, while the Oklahoma average is $126.61. Patrons of the supplier pay 7.48% less compared to other residents of Oklahoma. The supplier currently does not generate their own electricity. Instead, they must purchase that electricity at wholesale prices and then resell it at a higher rate to end consumers.