Franklin, Kentucky Electric Utility: Rates and Coverage Area

Franklin, Kentucky Electric Utility

Electricity Rates, Plans & Statistics

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About Franklin, Kentucky Electric Utility

Franklin, Kentucky Electric Utility provides electricity in Franklin, Kentucky. Franklin, Kentucky Electric Utility's patrons are billed an average residential electricity price of 13.92 cents per kilowatt hour, which is 7.84% above the average state rate of 12.91 cents. The provider sold 200,665 megawatt hours via retail sales in 2023. The purchase of wholesale electricity made up 100.00% of the electricity sourced by the company. In 2023 they had total electricity related revenue of $19,371,700, with 97.64% coming from retail sales.

The nationwide average monthly residential power bill is $143.38, while the Franklin, Kentucky Electric Utility average is 10.14% more at $157.92 per month. Franklin, Kentucky Electric Utility is the 2057th ranked supplier in the nation for average monthly bill total. The company does not have ownership in any electricity production facilities and all of the power that they sell to their consumers must be purchased wholesale from other companies.

Energy Loss

Losing electricity from heat dissipation during electricity transmission and other causes is a reality of operating in the electricity generation business. Suppliers must report these losses. Franklin, Kentucky Electric Utility reported an annual loss of around 2.15% of the electricity that they transmit. This percentage of energy lost results in them being given a rank of 315th best out of 3530 providers who report energy loss in the United States.

Franklin, Kentucky Electric Utility Rate & Electric Bills

Franklin, Kentucky Electric Utility residential electric rates are highest in May and the highest average bill is in July.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.149/kWh$0.103/kWh$197.36/mo.$91.81/mo.
1491st13.92¢Franklin, Kentucky Electric Utility's Average residential price per kWh
2057th$157.92Average monthly electricity bill for Franklin, Kentucky Electric Utility's residential customers

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Franklin, Kentucky Electric Utility Overview

  • Company Type:Municipal
  • Headquarters:309 North High Street
    Franklin , Kentucky 42135
    United States of America
  • Director/Superintendent:Larry Musick

Franklin, Kentucky Electric Utility Contact

Franklin, Kentucky Electric Utility Service

  • States Served:
    • Kentucky
  • Counties Served:
    • Simpson County
  • Major Cities Served:

Energy Loss

Franklin, Kentucky Electric Utility's energy loss due to business operations.

-2.15%

Total Energy Loss

4,423MWh

315 National Rank

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Franklin, Kentucky Electric Utility Coverage Map

Coverage Map Placeholder

Franklin, Kentucky Electric Utility State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
Kentucky5,42021,161,920.2141100%

Franklin, Kentucky Electric Utility County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Simpson County19,324312.34$160.64/mo

Franklin, Kentucky Electric Utility Reviews

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Franklin, Kentucky Electric Utility FAQ:

What is the phone number for Franklin, Kentucky Electric Utility?

You can reach Franklin, Kentucky Electric Utility by phone via (270) 586-4441.

Who is the CEO of Franklin, Kentucky Electric Utility?

The current CEO of Franklin, Kentucky Electric Utility is Larry Musick.

How much is the average bundled bill for Franklin, Kentucky Electric Utility customers each month?

Franklin, Kentucky Electric Utility currently has an average monthly bundled electric bill of $157.92, compared to the Kentucky average of $140.39 and the nationwide of $140.39 for bundled service.

What is the average bundled electricity rate for Franklin, Kentucky Electric Utility customers?

Franklin, Kentucky Electric Utility's current average bundled electricity rate is 13.92 cents per kilowatt hour (¢/kWh), compared to the average Kentucky bundled rate of 12.91 cents and the average nationwide rate of 16.22 cents.

King Manalo
Last Reviewed By: King Manalo
Published: 2024-06-12