Franklin Electric Cooperative
Electricity Rates, Plans & Statistics
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About Franklin Electric Cooperative
A total of 8,127 customers (3 industrial accounts, 2,018 commercial customers and 6,106 residential customers) receive electricity from the company. On average, Franklin Electric Cooperative's residential electricity rate is 13.87 cents per kilowatt hour, which is 13.01% less than the average Alabama rate of 15.94 cents and 14.49% below the nationwide average of 16.22. Around 321,774 megawatt hours were sold by the provider to retail customers in 2023. Wholesale power purchases made up 100.00% of the total electricity sourced by the company . Exactly 331,321 megawatt hours were procured via the wholesale market. In 2023, the supplier made a total of $33,792,800 from business activities relating to the sale and transfer of electricity. They had revenue of $32,897,000 from retail sales to end users.
Consumers of the supplier have an average monthly residential electricity bill of $158.02. This is 18.12% lower than the state average bill of $184.01. The provider currently does not produce any of the electricity that they sell. Instead, they must purchase that electricity at wholesale prices from other suppliers and then resell it to end consumers.
Franklin Electric Cooperative currently loses around 2.85% of the electricity that they produce. This percentage of loss results in them being given a rank of 13th best out of 61 providers who report energy loss in Alabama and 487th best out of 3530 in the country.
Franklin Electric Cooperative Rate & Electric Bills
Franklin Electric Cooperative residential electric rates are highest in April and the highest average bill is in July.
Historical Electricity Rates:
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Franklin Electric Cooperative Overview
- Company Type:Cooperative
- Headquarters:531 Gandy Street
Russelville, Alabama 35653
United States of America - CEO:Jimmy Montgomery
Franklin Electric Cooperative Contact
- Website:www.fecoop.com
- Customer Service Phone:(256) 332-2730
- Business Customer Service:(256) 356-4413
- Contact Page:www.fecoop.com
- Social Media:
Franklin Electric Cooperative Service
- Rates & Plans:www.fecoop.com
- Outage Phone:(256) 332-2730
- States Served:
- Alabama
- Counties Served:
- Colbert County
- Franklin County
- Major Cities Served:
- Red Bay
- Belgreen CDP
Energy Loss
Franklin Electric Cooperative's energy loss due to business operations.
Total Energy Loss
9,439MWh
487 National Rank
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Franklin Electric Cooperative Coverage Map
Franklin Electric Cooperative State Coverage
| State | Customers | Sales ($) | State Rank Based On Revenue | % of Provider's Residential Sales in State |
|---|---|---|---|---|
| Alabama | 8,139 | 34,513,439.33 | 33 | 100% |
Franklin Electric Cooperative County Coverage
| County | Population | Providers | Avg. County Rate (¢) | Avg. Electric Bill |
|---|---|---|---|---|
| Colbert County | 56,789 | 4 | 12.40 | $151.82/mo |
| Franklin County | 32,034 | 3 | 15.14 | $169.41/mo |
Franklin Electric Cooperative Reviews
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Franklin Electric Cooperative FAQ:
What is the phone number for Franklin Electric Cooperative?
Franklin Electric Cooperative's customer service phone number is (256) 332-2730
Who is the CEO of Franklin Electric Cooperative?
Franklin Electric Cooperative's current CEO is Jimmy Montgomery.
What is the average bundled electricity rate for Franklin Electric Cooperative customers?
Consumers of Franklin Electric Cooperative, on average, have an electricity bundled rate 13.87 cents per kilowatt hour (¢/kWh).
How much is the average bundled bill for Franklin Electric Cooperative customers each month?
Franklin Electric Cooperative currently has an average monthly bundled electric bill of $158.02, compared to the Alabama average of $184.01 and the national of $184.01 for bundled service.
How many counties does Franklin Electric Cooperative supply electricity to?
There are 2 counties that receive at least some electricity coverage by Franklin Electric Cooperative including Alabama.
