Electricity Rates, Plans & Statistics
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About Farmers RECC
Farmers RECC supplies electricity to 7 counties in Kentucky and is considered an electricity cooperative. There are 25,970 customer accounts receiving service from the company. These customers are made up of 6 industrial customers, 1,823 commercialproperties and 24,141 residential properties. The residential electricity rate for consumers of Farmers RECC is, on average, 10.37 cents per kilowatt hour . This is less than both the state and nationwide average rates of 12.02 and 14.11 cents per kilowatt hour, respectively. The company had sales of 471,667 megawatt hours in 2020 through retail sales. The electricity sourced by the company primarily came from megawatt hours that they procured by way of the wholesale market. They purchased 495,533 wholesale megawatt hours. In 2020, they made a total of $46,021,000 from business activities relating to the sale and transfer of electricity. They had 99.12% of their revenue coming from retail sales to end users.
The average monthly residential electric bill for a customer of Farmers RECC is $110.2. The provider currently does not generate their own electricity. Instead, they must purchase that electricity at wholesale prices and then resell it at a higher rate to end users.
Farmers RECC is one of 28 electric suppliers in the state who offer net metering to their consumers. The purchase of solar panels and alternative electricity sources is often too expensive for private citizens. Net metering allows purchasers of these electricity sources to sell unused wattage back to the grid, making the installation of these alternative sources economically feasible.
Farmers RECC currently has a loss of approximately 4.81% of the electricity that they produce. This percentage of loss gives them a ranking of 849th best out of 3509 providers who report energy loss in the US.
Farmers RECC Rate & Electric Bills
Farmers RECC residential electric rates are highest in January and the highest average bill is in February.
Historical Electricity Rates:
Farmers RECC Overview
- Company Type:Cooperative
- Headquarters:504 South Broadway Street
Glasgow, Kentucky 42141
United States of America
- CEO:William T. Prather
Farmers RECC Contact
- Customer Service Phone:(270) 651-2191
- Contact Page:www.farmersrecc.com
- Social Media:
Farmers RECC Service
- Rates & Plans:www.farmersrecc.com
- Outage Map:outage.farmersrecc.com:44303
- Outage Phone:(270) 651-2191
- States Served:
- Counties Served:
- Barren County
- Grayson County
- Hart County
- Adair County
- Edmonson County
- Major Cities Served:
- Cave City
- Horse Cave
- Park City
- Magnolia CDP
- Summer Shade CDP
- Hiseville CDP
- Table Of Contents:
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Farmers RECC's energy loss due to business operations.
Total Energy Loss
849 National Rank
Farmers RECC Coverage Map
Farmers RECC State Coverage
|State||Customers||Sales ($)||State Rank Based On Revenue||% of Provider's Residential Sales in State|
Farmers RECC County Coverage
|County||Population||Providers||Avg. County Rate (¢)||Avg. Electric Bill|
Cities Farmers RECC Has Coverage
* City coverage generated based on government data. Always verify you can get service from the provider.
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Farmers RECC FAQ:
What is the average bundled electricity rate for Farmers RECC customers?
The average bundled rate of electricity for customers of Farmers RECC is 10.37 cents per kilowatt hour (¢/kWh).
How many counties does Farmers RECC supply electricity in?
Farmers RECC provides electricity in 7 counties.
What is the phone number for Farmers RECC?
Farmers RECC's customer service phone number is (270) 651-2191
What cities does Farmers RECC have customers in in?
Farmers RECC provides electricity in 7 cities.
What is the average bundled bill for Farmers RECC customers each month?
The average monthly bundled electric bill for customers of Farmers RECC is $110.20. The state average bundled bill is $129.38 and the nationwide average is $129.38.
Who is the CEO of Farmers RECC?
William T. Prather is the current CEO of Farmers RECC.