Farmers RECC

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 Net Metering

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.

Energy Loss

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:

Price Per kWhAverage Bill$0.107/kWh$0.104/kWh$122.76/mo.$110.20/mo.
637th10.37¢Farmers RECC's Average residential price per kWh
1429th$110.2Average monthly electricity bill for Farmers RECC's residential customers

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

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Energy Loss

Farmers RECC's energy loss due to business operations.

-4.81%

Total Energy Loss

23,831MWh

849 National Rank

Farmers RECC Coverage Map

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Farmers RECC State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
Kentucky25,97045,615,00028100%

Farmers RECC County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Adair County18,90359.66$101.48/mo
Barren County44,485610.52$112.83/mo
Edmonson County12,126311.38$147.72/mo
Grayson County26,420511.39$145.38/mo
Green County11,10749.48$99.60/mo
Hart County19,288310.53$113.45/mo
Metcalfe County10,286310.57$114.74/mo

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.

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