Fulton Electric Company
Electricity Rates, Plans & Statistics
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About Fulton Electric Company
Fulton Electric Company is a municipally owned organization providing electricity in Fulton, Kentucky and other areas of Fulton County. A total of 1,625 customers (423 commercial properties, 1,201 residential accounts and one industrial account) purchase their electricity from the company. Customers of Fulton Electric Company are billed an average residential electricity price of 13.40 cents per kilowatt hour. While this is above the state average rate of 12.52 cents per kilowatt hour, it is less than the United States average of 15.64 cents. In 2022 Fulton Electric Company sold 96.40% of their megawatt hours to end users (known as retail sales). The electricity sourced by Fulton Electric Company is made up primarily of megawatt hours they purchased via wholesale channels. This category makes up 100.00% of the total electricity sourced by the company. In 2022, they made a total of $5,874,600 from business activities relating to the sale and transfer of electricity. They had 97.49% of their revenue coming from retail sales to end users.
The average monthly residential electricity bill for a customer of Fulton Electric Company is $135.44 per month, while the Kentucky average is $125.94. Patrons of the supplier pay 7.16% more compared to other residents of Kentucky. The supplier currently does not generate their own electricity. Instead, they must purchase that electricity at wholesale prices and then resell it at a higher rate to end consumers.
Fulton Electric Company loses electricity at a rate of 3.33% of their total production from heat dissipation and other causes. This percentage of loss earns them a rank of 11th best out of 58 companies who report energy loss in the state.
Fulton Electric Company Rate & Electric Bills
Fulton Electric Company residential electric rates are highest in January and the highest average bill is in March.
Historical Electricity Rates:
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Fulton Electric Company Overview
- Company Type:Municipal
- Headquarters:501 Walnut Street
Fulton, Kentucky 42041
United States of America - Director/Superintendent:Jeff Wade
Fulton Electric Company Contact
- Website:www.fulton-electric.com
- Customer Service Phone:(270) 472-1362
- Contact Page:www.fulton-electric.com
Fulton Electric Company Service
- Outage Phone:(270) 472-1362
- States Served:
- Kentucky
- Counties Served:
- Fulton County
- Major Cities Served:
- Table Of Contents:
Energy Loss
Fulton Electric Company's energy loss due to business operations.
Total Energy Loss
1,668MWh
440 National Rank
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Fulton Electric Company Coverage Map
Fulton Electric Company State Coverage
| State | Customers | Sales ($) | State Rank Based On Revenue | % of Provider's Residential Sales in State |
|---|---|---|---|---|
| Kentucky | 1,625 | 5,727,000 | 54 | 100% |
Fulton Electric Company County Coverage
| County | Population | Providers | Avg. County Rate (¢) | Avg. Electric Bill |
|---|---|---|---|---|
| Fulton County | 6,507 | 3 | 13.25 | $150.57/mo |
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Fulton Electric Company FAQ:
Who is the CEO of Fulton Electric Company?
Fulton Electric Company's CEO is Jeff Wade.
How much is the average bundled bill for Fulton Electric Company customers each month?
Fulton Electric Company currently has an average monthly bundled electric bill of $135.44, compared to the Kentucky average of $125.94 and the national of $125.94 for bundled service.
What is the phone number for Fulton Electric Company?
The Fulton Electric Company phone number is (270) 472-1362.
What is the average bundled electricity rate for Fulton Electric Company customers?
Customers of Fulton Electric Company, on average, have an electricity bundled rate 13.40 cents per kilowatt hour (¢/kWh).
