Floydada, Texas Electric Utility: Rates and Coverage Area

Floydada, Texas Electric Utility

Electricity Rates, Plans & Statistics

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About Floydada, Texas Electric Utility

Floydada, Texas Electric Utility is a municipally owned organization supplying electricity in Floydada, Texas. At the time of the most recent government reports, the supplier disclosed a total of 1,247 electricity customers. This total is made up of 260 commercial accounts and 987 residential accounts. Floydada, Texas Electric Utility averages 13.62 cents per kilowatt hour billed to their customers for residential electricity, which is 5.44% below the average Texas price of 14.40 cents and 13.16% lower than the national average of 15.68. Around 17,593 megawatt hours were sold by the provider to retail customers in 2019. The electricity sourced by Floydada, Texas Electric Utility is made up of primarily wholesale purchased megawatt hours, with 17,593 acquired by the company. They earned $2,136,900 in 2019. All of that revenue came from retail sales alone.

Customers of the supplier pay an average monthly residential electricity bill of $110.54. This is 18.59% lower than the US average bill of $135.78. The company currently does not produce their own electricity. Instead, they must purchase that electricity at wholesale prices from other providers and then resell it at a higher rate to end consumers.

Floydada, Texas Electric Utility Rate & Electric Bills

Floydada, Texas Electric Utility residential electric rates are highest in January and the highest average bill is in November.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.140/kWh$0.117/kWh$167.84/mo.$72.52/mo.
1539th13.62¢Floydada, Texas Electric Utility's Average residential price per kWh
1131st$110.54Average monthly electricity bill for Floydada, Texas Electric Utility's residential customers

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Floydada, Texas Electric Utility Overview

  • Company Type:Municipal

Floydada, Texas Electric Utility Contact

  • Customer Service Phone:(806) 983-2834

Floydada, Texas Electric Utility Service

  • Outage Phone:(806) 983-2834
  • States Served:
    • Texas
  • Counties Served:
    • Floyd County
  • Major Cities Served:

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Floydada, Texas Electric Utility Coverage Map

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Floydada, Texas Electric Utility State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
Texas1,2462,110,933.76215100%

Floydada, Texas Electric Utility County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Floyd County5,478315.40$124.68/mo

Floydada, Texas Electric Utility Reviews

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Floydada, Texas Electric Utility FAQ:

What is the phone number for Floydada, Texas Electric Utility?

You can reach Floydada, Texas Electric Utility by phone via (806) 983-2834.

What is the average bundled electricity rate for Floydada, Texas Electric Utility customers?

Floydada, Texas Electric Utility's current average bundled electricity rate is 13.62 cents per kilowatt hour (¢/kWh), compared to the average Texas bundled rate of 14.40 cents and the average US rate of 15.68 cents.

What is the average bundled bill for Floydada, Texas Electric Utility customers each month?

Floydada, Texas Electric Utility currently has an average monthly bundled electric bill of $110.54, compared to the Texas average of $165.30 and the United States average of $165.30 for bundled service.

Nick Reese
Last Reviewed By: Nick Reese
Published: 2024-01-14