Fox Islands Electric Cooperative

About Fox Islands Electric Cooperative

Currently, 2,114 consumers are provided electricity by the supplier. These customers are a mix of 16.18% commercial locations and 83.82% residential properties. Consumers of Fox Islands Electric Cooperative are billed an average residential electricity price of 41.50 cents per kilowatt hour. Regrettably, this is 60.25% more than Maine's average price of 25.90 cents. There were a total of 10,266 megawatt hours sold to retail accounts in 2019 by the supplier. Of the megawatt hours they sourced, 8 of them were produced by plants owned by the company and 11,768 megawatt hours were acquired on wholesale channels. In 2019, they made a total of $3,151,100 from business activities relating to the sale and transfer of electricity. They had revenue of $3,022,600 from retail sales to end users.

The Maine average monthly residential power bill is $146.4, while the Fox Islands Electric Cooperative average is 6.06% higher at $138.32 per month. Fox Islands Electric Cooperative is the 7th ranked provider in the state for average monthly bill amount. Fox Islands Electric Cooperative is the 9th largest provider out of 22 electricity companies in Maine based on number of customers. Approximately 100.00% of the electricity generated by the provider comes from wind turbines. The supplier is not associated with any electricity production facilities and all of the megawatt hours that they sell to their customers must be purchased from other suppliers.