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. The supplier recently reported a total of 4,270 residential customer accounts, 1,193 commercial accounts and 4 industrial customer accounts, which makes up the whole of their customer base. The average residential electricity price for patrons of Franklin, Kentucky Electric Utility is approximately 12.90 cents per kilowatt hour, which is 18.03% less than the nationwide average price of 15.73 cents. The company sold 164,459 megawatt hours in 2022 by way of retail sales. The electricity sourced by Franklin, Kentucky Electric Utility is made up primarily of megawatt hours they acquired via wholesale channels. This category makes up 100.00% of all electricity sourced. Their revenue for 2022 from electricity activities was $18,389,700, with $17,929,000 from retail sales to end users.

The nationwide average monthly residential power bill is $135.39, while the Franklin, Kentucky Electric Utility average is 4.83% below at $128.85 per month. 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 3.27% of the electricity that they transmit. This percentage of energy lost results in them being given a rank of 428th best out of 3517 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 October and the highest average bill is in July.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.144/kWh$0.105/kWh$185.26/mo.$88.29/mo.
1205th12.90¢Franklin, Kentucky Electric Utility's Average residential price per kWh
1696th$128.85Average 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.

-3.27%

Total Energy Loss

5,561MWh

428 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
Kentucky5,46716,031,672.2141100%

Franklin, Kentucky Electric Utility County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Simpson County19,324212.86$134.00/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 $128.85, compared to the Kentucky average of $126.99 and the nationwide of $126.99 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 12.90 cents per kilowatt hour (¢/kWh), compared to the average Kentucky bundled rate of 12.51 cents and the average nationwide rate of 15.73 cents.

Nick Reese
Last Reviewed By: Nick Reese
Published: 2024-06-12