Farmers Electric Newport, Arkansas

Electricity Rates, Plans & Statistics

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About Farmers Electric Newport, Arkansas

Farmers Electric Newport, Arkansas serves 6 cities and is classified as an electricity cooperative. A total of 5,053 customers (434 industrial properties, 503 commercial customers and 4,116 residential accounts) receive electricity from the provider. On average, Farmers Electric Newport, Arkansas' residential electricity rate is 11.44 cents per kilowatt hour, which is 0.40% higher than the average state rate of 11.39 cents. They had total sales and disposition of 84,322 megawatt hours in 2019, of which 78,961 megawatt hours were from sales to end users. The electricity sourced by the company is made up primarily of megawatt hours they acquired on the wholesale market. This category comprises 100.00% of all electricity sourced by the company. In 2019, the provider earned 98.64% of their revenue from retail electricity sales.

The United States average monthly residential electricity bill is $125.95, while the Farmers Electric Newport, Arkansas average is 9.82% below at $113.59 per month. This is the 1568th lowest average monthly bill amount for a provider in the nation. The provider currently does not generate any of the electricity that they sell. Instead, they must purchase that electricity at wholesale prices from other providers and then resell it to end consumers.

Farmers Electric Newport, Arkansas Net Metering

Customers of Farmers Electric Newport, Arkansas are able to participate in net metering solutions, which is a positive for both parties. Installation of solar panels and other electricity sources is often prohibitively priced for people. Net metering allows purchasers of these electricity sources to sell excess wattage back into the grid, making the installation of these alternative sources economically viable.

Farmers Electric Newport, Arkansas Rate & Electric Bills

Farmers Electric Newport, Arkansas residential electric rates are highest in January and the highest average bill is in July.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.118/kWh$0.114/kWh$115.75/mo.$113.59/mo.
1139th11.44¢Farmers Electric Newport, Arkansas' Average residential price per kWh
1568th$113.59Average monthly electricity bill for Farmers Electric Newport, Arkansas' residential customers

Farmers Electric Newport, Arkansas Overview

  • Company Type:Cooperative
  • Headquarters:300 Highway 367 North
    Newport, Arkansas 72112
    United States of America
  • CEO:Larry Bright

Farmers Electric Newport, Arkansas Contact

Farmers Electric Newport, Arkansas Service

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Farmers Electric Newport, Arkansas Coverage Map

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Farmers Electric Newport, Arkansas State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
Arkansas5,0539,200,90037100%

Farmers Electric Newport, Arkansas County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Independence County37,938411.44$125.09/mo
Jackson County16,755311.46$123.20/mo
White County76,822311.77$133.49/mo
Woodruff County6,269411.03$124.52/mo

Cities Farmers Electric Newport, Arkansas Has Coverage

* City coverage generated based on government data. Always verify you can get service from the provider.

Farmers Electric Newport, Arkansas Reviews

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Farmers Electric Newport, Arkansas FAQ:

What is the average bundled bill for Farmers Electric Newport, Arkansas customers each month?

Farmers Electric Newport, Arkansas currently has an average monthly bundled electric bill of $113.59, compared to the Arkansas average of $124.48 and the national of $124.48 for bundled service.

How many counties does Farmers Electric Newport, Arkansas have customers in in?

There are 4 counties that receive at least some electricity coverage by Farmers Electric Newport, Arkansas.

What is the phone number for Farmers Electric Newport, Arkansas?

The Farmers Electric Newport, Arkansas phone number is (870) 523-3691.

Who is the CEO of Farmers Electric Newport, Arkansas?

Larry Bright is the CEO of Farmers Electric Newport, Arkansas.

What is the average bundled electricity rate for Farmers Electric Newport, Arkansas customers?

The average bundled price of electricity for consumers of Farmers Electric Newport, Arkansas is 11.44 cents per kilowatt hour (¢/kWh).

What cities does Farmers Electric Newport, Arkansas sell electricity in?

Farmers Electric Newport, Arkansas supplies in 6 cities in the country.

Last Reviewed By: Alex Zdanov
Published: 2022-08-01