Franklin Rural Electric Cooperative
Electricity Rates, Plans & Statistics
Can You Save With Wind?
You’ve heard of solar, but did you know that you can power your home and business with wind?
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. Recently filed reports by the company showed a customer base of 1,950 customer accounts. Exactly 2 of these are industrial accounts, 494 are commercial customer accounts and 1,454 are residential customers. Franklin Rural Electric Cooperative's average residential electricity price per kilowatt hour is 12.91 cents per kilowatt hour. While this is higher than the state average rate of 12.89 cents per kilowatt hour, it is below the United States average of 15.64 cents. The company sold 63,848 megawatt hours in 2019 by way of traditional retail sales. Power production facilities owned by the company generated 219 megawatt hours and an additional 66,801 megawatt hours were purchased on wholesale channels. Their revenue for 2019 from electricity related activities was $7,556,000, with $7,541,800 coming from retail sales to end users.
The average residential power bill for a customer of Franklin Rural Electric Cooperative is $227.79 per month, while the nationwide average is $132.69. Electricity production is not part of the Franklin Rural Electric Cooperative business plan, as they purchase power at wholesale rates from other companies and then resell to their end users.
Customers of Franklin Rural Electric Cooperative have the ability to take advantage of net metering. Net metering makes solar panel installation more economically viable as it allows people to sell electricity into the grid.
Franklin Rural Electric Cooperative Rate & Electric Bills
Franklin Rural Electric Cooperative residential electric rates are highest in January and the highest average bill is in April.
Historical Electricity Rates:
You’ve heard of solar, but did you know that you can power your home and business with wind?
Franklin Rural Electric Cooperative Overview
- Company Type:Cooperative
- Headquarters:1560 Highway 65
Hampton, Iowa 50441
United States of America - CEO:Garrett Thompson
Franklin Rural Electric Cooperative Contact
- Website:www.franklinrec.coop
- Customer Service Phone:(641) 456-2557
- Contact Page:www.franklinrec.coop
- Social Media:
Franklin Rural Electric Cooperative Service
- Outage Map:www.iowarec.org
- Outage Phone:(641) 456-2557
- States Served:
- Iowa
- Counties Served:
- Cerro Gordo County
- Butler County
- Franklin County
- Major Cities Served:See all cities
- Table Of Contents:
You’ve heard of solar, but did you know that you can power your home and business with wind?
Franklin Rural Electric Cooperative Coverage Map
Franklin Rural Electric Cooperative State Coverage
| State | Customers | Sales ($) | State Rank Based On Revenue | % of Provider's Residential Sales in State |
|---|---|---|---|---|
| Iowa | 1,950 | 7,451,000 | 51 | 100% |
Franklin Rural Electric Cooperative County Coverage
| County | Population | Providers | Avg. County Rate (¢) | Avg. Electric Bill |
|---|---|---|---|---|
| Butler County | 14,421 | 5 | 13.53 | $208.04/mo |
| Cerro Gordo County | 43,185 | 3 | 16.59 | $153.63/mo |
| Franklin County | 10,056 | 4 | 13.51 | $214.76/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.
Franklin Rural Electric Cooperative Reviews
Write a Review of Franklin Rural Electric Cooperative
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 $227.79.
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 12.91 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.
