Fulton Electric Company

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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 1,632 customers (409 commercial properties, 1,222 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 11.71 cents per kilowatt hour. Luckily for their customers, this rate is less than both the Kentucky and United States average prices of 12.02 and 14.11 cents per kilowatt hour, respectively. They sold 47,974 megawatt hours in 2020 through traditional retail sales. The purchase of wholesale electricity made up 100.00% of the electricity sourced by the company. In 2020, they made a total of $4,938,200 from business activities relating to the sale and transfer of electricity. They had 98.25% of their revenue coming from retail sales to end users.

The average monthly residential electricity bill for a customer of Fulton Electric Company is $112.45 per month, while the Kentucky average is $129.38. Patrons of the supplier pay 13.44% less 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.

Energy Loss

Fulton Electric Company loses electricity at a rate of 4.28% of their total production from heat dissipation and other causes. This percentage of loss earns them a rank of 22nd 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 January.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.117/kWh$0.115/kWh$121.73/mo.$109.31/mo.
1303rd11.71¢Fulton Electric Company's Average residential price per kWh
1518th$112.45Average monthly electricity bill for Fulton Electric Company's residential customers

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

Fulton Electric Company Service

  • Outage Phone:(270) 472-1362

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Energy Loss

Fulton Electric Company's energy loss due to business operations.

-4.28%

Total Energy Loss

2,149MWh

723 National Rank

Fulton Electric Company Coverage Map

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Fulton Electric Company State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
Kentucky1,6324,852,00055100%

Fulton Electric Company County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Fulton County6,515312.49$148.19/mo

Fulton Electric Company Reviews

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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 $112.45, compared to the Kentucky average of $129.38 and the national of $129.38 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 11.71 cents per kilowatt hour (¢/kWh).

Last Reviewed By: Ginalyn Gelera
Published: 2022-08-09