Frankfort Plant Board Electric

About Frankfort Plant Board Electric

The most recent data reported by the company showed a total customer count of 20,133 customer accounts, 29 of which are industrial customers, 4,669 are commercial customers and 15,435 are residential customers. Consumers of Frankfort Plant Board Electric purchase electricity for, on average, 11.62 cents per kilowatt hour, resulting in the supplier ranking 8th out of 62 companies in Kentucky and 537th out of 2885 in the nation. Frankfort Plant Board Electric had total sales and disposition of 649,206 megawatt hours in 2023, of which 631,055 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 2023, the company made a total of $63,756,800 from business activities relating to the sale and transfer of electricity. They had 96.14% of their revenue coming from retail sales to end users.

Consumers of the company have an average residential power bill of $138.34. This is 1.43% less than the state average bill of $140.39. Customers of the company are faced with 0.23 electrical outages each year with outages lasting on average 17.16 minutes. Electricity generation is not part of the Frankfort Plant Board Electric business model, as they purchase electricity at wholesale rates and then resell to their end users.