Gallatin Electric

About Gallatin Electric

Gallatin Electric is a municipally owned entity operating in Gallatin, Tennessee and rural areas of Sumner County. The company has 20,033 residential accounts, 3,590 commercial customers and 9 industrial customers whom they provide electricity to. On average, Gallatin Electric's residential electricity price is 12.05 cents per kilowatt hour, which is 25.70% lower than the nationwide average rate of 16.22 cents. This makes the provider 690th lowest for average electricity price out of 2885 providers in the US. The company had total sales and disposition of 802,944 megawatt hours in 2023, of which 770,673 megawatt hours were via sales to end users. The purchase of wholesale electricity made up 100.00% of the electricity sourced by the company. Their revenue for 2023 from electricity activities was $73,068,600, with $72,017,000 from retail sales to end users.

The average residential electricity bill for a consumer of Gallatin Electric is $147.21 per month. Customers of the company pay a 5.32% markdown compared to other residents of the state. The provider's customers are faced with an average of 0.5 electrical outages per customer per year. These outages last for an average of 27.53 minutes, while the national average is 1.44 outages per consumer and 123.49 minutes per outage. Electricity generation is not part of the Gallatin Electric business plan, as they purchase power at wholesale rates from other companies to then be resold to their end users.