Farmers RECC: Rates and Coverage Area

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 24,700 customer accounts receiving service from the company. These customers are made up of 5 industrial customers, 1,893 commercialproperties and 22,802 residential properties. The residential electricity rate for consumers of Farmers RECC is, on average, 13.66 cents per kilowatt hour. While this is above the state average rate of 12.91 cents per kilowatt hour, it is lower than the nationwide average of 16.22 cents. In 2023 the company had sales to end customers totaling 462,240 megawatt hours. The electricity sourced consisted of megawatt hours that they procured by way of the wholesale market. They purchased 485,310 wholesale megawatt hours. In 2023, they made a total of $56,541,000 from business activities relating to the sale and transfer of electricity. They had 98.73% of their revenue coming from retail sales to end users.

The average monthly residential electric bill for a customer of Farmers RECC is $163.68 per month. Customers of the company are faced with 1.81 electrical outages a year with outages lasting an average of 539.27 minutes. The company currently does not produce their own electricity. Instead, they must purchase that electricity at wholesale prices and then resell it to end users.

Farmers RECC Net Metering

Farmers RECC is one of 29 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 4.75% of the electricity that they produce. This percentage of loss gives them a ranking of 1002nd best out of 3530 providers who report energy loss in the US.

Farmers RECC Rate & Electric Bills

Farmers RECC residential electric rates are highest in May and the highest average bill is in July.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.146/kWh$0.098/kWh$204.56/mo.$88.41/mo.
1385th13.66¢Farmers RECC's Average residential price per kWh
2188th$163.68Average monthly electricity bill for Farmers RECC's residential customers

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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

Farmers RECC Service

Energy Loss

Farmers RECC's energy loss due to business operations.

-4.75%

Total Energy Loss

23,051MWh

1002 National Rank

Grid Reliability

Length & Frequency of Farmers RECC's Power Outages

539.27 min.

vs. national average of 123.49 min.

1.81 outages/yr

vs. national average of 1.44

Power Outages

Currently, 0 customers are being tracked in Farmers RECC.

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Customers Out:

0

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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
Kentucky24,73263,490,303.3929100%

Farmers RECC County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Adair County18,832512.68$145.55/mo
Barren County44,277513.54$157.71/mo
Edmonson County12,165312.26$158.39/mo
Grayson County26,351512.53$160.53/mo
Green County11,141412.68$146.51/mo
Hart County19,194313.45$155.79/mo
Metcalfe County10,275313.48$160.33/mo

Cities Farmers RECC Has Coverage

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

Farmers RECC Reviews

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Farmers RECC FAQ:

When will Farmers RECC power be restored?

Average outage times for Farmers RECC are approximately 539.269 minutes per outage.

What is the average bundled bill for Farmers RECC customers each month?

The average monthly bundled electric bill for customers of Farmers RECC is $163.68. The state average bundled bill is $140.39 and the national average is $140.39.

Who is the CEO of Farmers RECC?

The current CEO of Farmers RECC is William T. Prather.

How many counties does Farmers RECC have customers in in?

There are 7 counties that receive at least some electricity coverage by Farmers RECC including Kentucky.

What cities does Farmers RECC provider electricity in?

Farmers RECC has customers in 7 cities in the United States.

What is the phone number for Farmers RECC?

You can reach Farmers RECC by phone via (270) 651-2191.

What is the average bundled electricity rate for Farmers RECC customers?

Consumers of Farmers RECC, on average, have an electricity bundled rate 13.66 cents per kilowatt hour (¢/kWh).

Matt Hope
Last Reviewed By: Matt Hope
Published: 2024-06-13