Fort Belknap Electric

About Fort Belknap Electric

Fort Belknap Electric is an electricity cooperative. The largest county served by Fort Belknap Electric is Parker County, but the company also provides electricity in 14 counties in Texas. Presently, 6,096 customers are provided electricity by the company. These customers are a mix of 4,382 residential accounts and 1,714 commercial properties. On average, Fort Belknap Electric bills their patrons a residential electricity price of 10.73 cents per kilowatt hour, which is 13.55% below the state's average rate of 12.41 cents and 23.96% lower than the national average of 14.11 cents. In 2019 they sold 100.00% of their total megawatt hours disposed to end users (known as retail sales). During the same timeframe, the supplier procured 117,721 megawatt hours by way of the wholesale electricity market. In 2019, the company made $11,898,000 from retail electricity sales. Their revenue from all electricity activities was $12,036,000.

Customers of the provider pay an average monthly residential electric bill of $102.12. This is 30.36% below the Texas average of $140.36. The supplier does not have ownership in any electricity generation facilities and all of the megawatt hours that they sell to their consumers must be purchased wholesale from other companies.