Frankfort Plant Board Electric: Rates and Coverage Area

Frankfort Plant Board Electric

Electricity Rates, Plans & Statistics

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About Frankfort Plant Board Electric

The most recent data reported by the company showed a total customer count of 21,171 customer accounts, 236 of which are industrial customers, 4,227 are commercial customers and 16,708 are residential customers. Consumers of Frankfort Plant Board Electric purchase electricity for, on average, 10.52 cents per kilowatt hour, resulting in the supplier ranking 7th out of 61 companies in Kentucky and 468th out of 2893 in the nation. Frankfort Plant Board Electric had total sales and disposition of 669,315 megawatt hours in 2022, of which 640,759 megawatt hours were via sales to end users. The electricity sourced by the company is made up primarily of megawatt hours they acquired via wholesale channels. This category comprises 100.00% of the total electricity sourced by the company. In 2022, the company made a total of $66,437,000 from business activities relating to the sale and transfer of electricity. They had 94.02% of their revenue coming from retail sales to end users.

Consumers of the company have an average residential power bill of $109.75. This is 13.37% less than the state average bill of $127.56. The company currently does not generate their own electricity. Instead, they must purchase that electricity at wholesale prices from other companies and then resell it at a higher rate to end consumers.

Frankfort Plant Board Electric Net Metering

Frankfort Plant Board Electric is one of 29 electricity providers in the state who offer net metering to their customers. This is a positive for any customer considering purchasing personal solar panels, as net metering allows them to sell their unused wattage into the grid.

Energy Loss

Frankfort Plant Board Electric has energy loss of 4.27% of their production due to heat dissipation and other causes. The Kentucky average for energy loss is 3.69% and the nationwide average is 2.87%. This leaves Frankfort Plant Board Electric with a ranking of 21st best out of 58 suppliers in the state and 688th best out of 3517 suppliers in the nation.

Frankfort Plant Board Electric Rate & Electric Bills

Frankfort Plant Board Electric residential electric rates are highest in January and the highest average bill is in October.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.105/kWh$0.102/kWh$118.78/mo.$103.96/mo.
468th10.52¢Frankfort Plant Board Electric's Average residential price per kWh
1115th$109.75Average monthly electricity bill for Frankfort Plant Board Electric's residential customers

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Frankfort Plant Board Electric Overview

  • Company Type:Municipal
  • Headquarters:151 Flynn Avenue
    Frankfort, Kentucky 40601
    United States of America
  • Director/Superintendent:Gary Zheng

Frankfort Plant Board Electric Contact

Frankfort Plant Board Electric Service

Energy Loss

Frankfort Plant Board Electric's energy loss due to business operations.

-4.27%

Total Energy Loss

28,556MWh

688 National Rank

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Frankfort Plant Board Electric Coverage Map

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Frankfort Plant Board Electric State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
Kentucky21,17162,465,00027100%

Frankfort Plant Board Electric County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Franklin County51,319311.86$134.26/mo
Woodford County26,758312.10$132.37/mo

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Frankfort Plant Board Electric FAQ:

How many counties does Frankfort Plant Board Electric have customers in in?

There are 2 counties that receive at least some electricity coverage by Frankfort Plant Board Electric including Kentucky.

How much is the average bundled bill for Frankfort Plant Board Electric customers each month?

Frankfort Plant Board Electric currently has an average monthly bundled electric bill of $109.75, compared to the Kentucky average of $127.56 and the nationwide of $127.56 for bundled service.

Who is the CEO of Frankfort Plant Board Electric?

Gary Zheng is the CEO of Frankfort Plant Board Electric.

What is the average bundled electricity rate for Frankfort Plant Board Electric customers?

Frankfort Plant Board Electric's current average bundled electricity rate is 10.52 cents per kilowatt hour (¢/kWh), compared to the average state bundled rate of 12.62 cents and the average national rate of 15.59 cents.

What is the phone number for Frankfort Plant Board Electric?

The Frankfort Plant Board Electric phone number is (502) 352-4372.

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Last Reviewed By: Ginalyn Gelera
Published: 2023-12-06