Franklin Rural Electric Cooperative
Electricity Rates, Plans & Statistics
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About Franklin Rural Electric Cooperative
Franklin Rural Electric Cooperative provides electricity to 3 counties in Iowa including counties like Cerro Gordo County, Butler County, and Franklin County. The company is an electricity cooperative. Franklin Rural Electric Cooperative's patrons are billed an average residential electricity rate of 13.71 cents per kilowatt hour, ranking the provider at 93rd out of 183 suppliers in Iowa and 1385th out of 2885 in the nation. They sold 63,848 megawatt hours in 2019 through retail sales. The electricity sourced by the company is made up of multiple electricity sources including 219 megawatt hours produced in electricity plants owned by the company and 66,801 procured on wholesale channels. In 2019, the supplier had revenue of $7,541,800 from retail electricity sales.
The average residential power bill for a customer of Franklin Rural Electric Cooperative is $257.74 per month, while the nationwide average is $139.28. Electricity production is not part of the Franklin Rural Electric Cooperative business plan, as they purchase power at wholesale rates from other companies and then resell to their end users.
Customers of Franklin Rural Electric Cooperative have the ability to take advantage of net metering. Net metering makes solar panel installation more economically viable as it allows people to sell electricity into the grid.
Franklin Rural Electric Cooperative Rate & Electric Bills
Franklin Rural Electric Cooperative residential electric rates are highest in September and the highest average bill is in January.
Historical Electricity Rates:
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Franklin Rural Electric Cooperative Overview
- Company Type:Cooperative
- Headquarters:1560 Highway 65
Hampton, Iowa 50441
United States of America - CEO:Garrett Thompson
Franklin Rural Electric Cooperative Contact
- Website:www.franklinrec.coop
- Customer Service Phone:(641) 456-2557
- Contact Page:www.franklinrec.coop
- Social Media:
Franklin Rural Electric Cooperative Service
- Outage Map:www.iowarec.org
- Outage Phone:(641) 456-2557
- States Served:
- Iowa
- Counties Served:
- Cerro Gordo County
- Butler County
- Franklin County
- Major Cities Served:See all cities
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Franklin Rural Electric Cooperative Coverage Map
Franklin Rural Electric Cooperative State Coverage
| State | Customers | Sales ($) | State Rank Based On Revenue | % of Provider's Residential Sales in State |
|---|---|---|---|---|
| Iowa | 2,024 | 8,841,163.01 | 47 | 100% |
Franklin Rural Electric Cooperative County Coverage
| County | Population | Providers | Avg. County Rate (¢) | Avg. Electric Bill |
|---|---|---|---|---|
| Butler County | 14,421 | 6 | 14.65 | $195.62/mo |
| Cerro Gordo County | 43,185 | 4 | 16.51 | $155.28/mo |
| Franklin County | 10,056 | 5 | 13.62 | $220.98/mo |
Cities Franklin Rural Electric Cooperative Has Coverage
- Alexander, IA
- Dougherty, IA
- Hampton, IA
- Latimer, IA
- Popejoy, IA
- Rockwell, IA
- Sheffield, IA
* City coverage generated based on government data. Always verify you can get service from the provider.
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Franklin Rural Electric Cooperative FAQ:
What is the phone number for Franklin Rural Electric Cooperative?
Franklin Rural Electric Cooperative's customer service phone number is (641) 456-2557
Who is the CEO of Franklin Rural Electric Cooperative?
Garrett Thompson is the CEO of Franklin Rural Electric Cooperative.
What is the average bundled bill for Franklin Rural Electric Cooperative customers each month?
Consumers of Franklin Rural Electric Cooperative pay, on average, a monthly bundled bill of $257.74.
How many counties does Franklin Rural Electric Cooperative supply electricity in?
Franklin Rural Electric Cooperative provides electricity to customers in 3 counties in the nation including Iowa.
What is the average bundled electricity rate for Franklin Rural Electric Cooperative customers?
The average bundled price of electricity for consumers of Franklin Rural Electric Cooperative is 13.71 cents per kilowatt hour (¢/kWh).
What cities does Franklin Rural Electric Cooperative supply electricity to?
Franklin Rural Electric Cooperative provides electricity to 7 cities throughout the nation including Iowa.
