Eldorado, Oklahoma Electric Utility

About Eldorado, Oklahoma Electric Utility

Eldorado, Oklahoma Electric Utility is a municipally owned entity located in Eldorado, Oklahoma and supplying power to customers in Jackson County, Oklahoma. On recent government reports, the provider had a total of 229 electricity customers signed up for their services. This total is made up of 11.35% commercial accounts and 88.65% residential customer accounts. The residential electricity rate for consumers of Eldorado, Oklahoma Electric Utility is, on average, 17.76 cents per kilowatt hour, which is 46.18% higher than Oklahoma's average rate of 12.15 cents and 13.58% more than the national average of 15.64 cents. Of the 2,485 megawatt hours the supplier sold and dispossessed, 79.24% were from sales to end users. The electricity sourced by Eldorado, Oklahoma Electric Utility is made up primarily of megawatt hours they acquired on the wholesale market. Of the total electricity sourced whole purchased made up 100.00%. The company had a total of $242,500 in 2019 through electricity sales to retail consumers.

The nationwide average monthly residential electric bill is $132.69, while the Eldorado, Oklahoma Electric Utility average is 32.99% less at $88.92 per month. This is the 498th lowest average monthly bill amount for a provider in the nation. The company does not have ownership in any power plants and all of the power that they sell to their customers must be purchased from other providers.