Electra, Texas Electric Utility

About Electra, Texas Electric Utility

Electra, Texas Electric Utility provides electricity for Electra, Texas and is a municipally owned entity. There are 159 commercial customers and 1 industrial customer accounts who are receiving service from the company. On average, Electra, Texas Electric Utility charges their customers a residential electricity rate of 16.29 cents per kilowatt hour, which is 12.53% above the state's average price of 14.48 cents and 3.39% higher than the nationwide average of 15.76 cents. There were a total of 19,254 megawatt hours sold to retail accounts in 2019 by the company. The electricity sourced by the supplier primarily came from megawatt hours that they acquired via the wholesale market. They purchased 22,014 wholesale megawatt hours. In 2019, the supplier made a total of $2,567,000 from business activities relating to the sale and transfer of electricity. All of which came from retail sales to end users.

Patrons of the provider pay an average monthly residential power bill of $165.36. This is 0.30% more than the state average bill of $164.95. The provider does not have ownership in any electricity generation facilities and all of the megawatt hours that they sell to their consumers must be purchased wholesale from other providers.