Fayetteville Public Utilities

About Fayetteville Public Utilities

Fayetteville Public Utilities is a municipally owned entity with headquarters in Fayetteville, Tennessee and supplying power to customers in 3 counties in Tennessee including counties such as Lincoln County, Marshall County, and Giles County. A total of 19,032 customers (0.02% industrial customers, 13.79% commercial customers and 86.20% residential accounts) are provided electricity by the company. Customers of Fayetteville Public Utilities purchase electricity for, on average, 12.26 cents per kilowatt hour, which is 22.21% less than the US average rate of 15.76 cents. This ranks the provider 919th best for average electricity price out of 2892 companies in the country. They sold 464,289 megawatt hours via retail sales in 2022. Wholesale power purchases made up 100.00% of all electricity sourced . Exactly 493,289 megawatt hours were procured on wholesale channels. Their total revenue in 2022 from electricity related activities was $54,575,100, with 96.91% coming from retail sales to end users.

The Tennessee average monthly residential electricity bill is $140.79, while the Fayetteville Public Utilities average is 9.36% more at $153.46 per month. Fayetteville Public Utilities is the 69th ranked supplier in the state for average monthly bill amount. The company's customers have an average of 1.24 power outages per consumer each year. These outages last for an average of 104.09 minutes, while the nationwide average is 1.45 outages per customer and 171.11 minutes per outage. The supplier currently does not produce any of the electricity that they sell. Instead, they must purchase that electricity at wholesale rates and then resell it at a higher rate to end consumers.