Gibson Electric Membership Corp

Electricity Rates, Plans & Statistics

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About Gibson Electric Membership Corp

Gibson Electric Membership Corp is an electric cooperative with headquarters in Trenton, Tennessee and supplying power to customers in 2 states in the country including in major cities like Union City, Humboldt, Medina, Trenton, and Tiptonville. With 38,696 customers, the company supplies electricity to 31,611 residential locations, 7,077 commercial properties and 8 industrial accounts. Gibson Electric Membership Corp averages 12.16 cents per kilowatt hour charged to their patrons for residential electricity, which is 13.83% lower than the US average rate of 14.11 cents. The company sold 846,327 megawatt hours through retail sales in 2020. The electricity sourced by Gibson Electric Membership Corp is made up primarily of megawatt hours they procured on wholesale channels. This category makes up 100.00% of all electricity sourced. In 2020, they made a total of $91,083,600 from business activities relating to the sale and transfer of electricity. They had 96.74% of their revenue coming from retail sales to end users.

The US average monthly residential electricity bill is $125.95, while the Gibson Electric Membership Corp average is 28.45% more at $161.78 per month. Gibson Electric Membership Corp is the 2743rd ranked supplier in the country for average monthly bill total. Electricity production is not handled in house at the company, as they purchase electricity at wholesale rates from other companies and then resell to their customers.

Energy Loss

All companies who generate electricity suffer from some energy loss from heat depletion or alternative factors. Gibson Electric Membership Corp is no different, as they average a yearly loss of roughly 4.85% of the total electricity they transmit. The US average energy loss is 2.76%. This leaves Gibson Electric Membership Corp with a ranking of 860th best out of 3509 companies in the United States.

Gibson Electric Membership Corp Rate & Electric Bills

Gibson Electric Membership Corp residential electric rates are highest in January and the highest average bill is in February.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.140/kWh$0.104/kWh$242.72/mo.$104.74/mo.
1528th12.16¢Gibson Electric Membership Corp's Average residential price per kWh
2743rd$161.78Average monthly electricity bill for Gibson Electric Membership Corp's residential customers

Gibson Electric Membership Corp Overview

  • Company Type:Cooperative
  • Headquarters:1207 South College Street
    Trenton, Tennessee 38382
    United States of America
  • CEO:Dan Rodamaker

Gibson Electric Membership Corp Contact

Gibson Electric Membership Corp Service

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Energy Loss

Gibson Electric Membership Corp's energy loss due to business operations.

-4.85%

Total Energy Loss

43,175MWh

860 National Rank

Gibson Electric Membership Corp Coverage Map

Coverage Map Placeholder

Gibson Electric Membership Corp State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
Kentucky3,4298,508,000487.51%
Tennessee35,26791,709,0002492.49%

Gibson Electric Membership Corp County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Carlisle County4,826512.12$141.22/mo
Crockett County13,911212.14$161.59/mo
Dyer County36,801411.82$151.86/mo
Fulton County6,515312.49$148.19/mo
Gibson County50,429511.67$152.18/mo
Graves County36,649411.90$136.54/mo
Haywood County17,864511.75$156.48/mo
Hickman County4,521312.44$148.40/mo
Lake County7,005212.11$160.64/mo
Madison County98,823411.96$154.06/mo

Cities Gibson Electric Membership Corp Has Coverage

* City coverage generated based on government data. Always verify you can get service from the provider.

Gibson Electric Membership Corp Reviews

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Gibson Electric Membership Corp FAQ:

How much is the average bundled bill for Gibson Electric Membership Corp customers each month?

Consumers of Gibson Electric Membership Corp pay, on average, a monthly bundled bill of $161.78.

Who is the CEO of Gibson Electric Membership Corp?

Gibson Electric Membership Corp's CEO is Dan Rodamaker.

How many states does Gibson Electric Membership Corp provider electricity in?

Gibson Electric Membership Corp supplies electricity to customers in 2 states in the United States including Tennessee and Kentucky.

What is the phone number for Gibson Electric Membership Corp?

The Gibson Electric Membership Corp phone number is (731) 855-4660.

What cities does Gibson Electric Membership Corp sell electricity in?

Gibson Electric Membership Corp provides electricity to 31 cities.

What is the average BUNDLED electricity rate for Gibson Electric Membership Corp customers?

Gibson Electric Membership Corp's current average BUNDLED electricity rate is 12.16 cents per kilowatt hour (¢/kWh), compared to the average US BUNDLED rate of 14.11 cents.

How many counties does Gibson Electric Membership Corp have customers in in?

There are 11 counties that receive at least some electricity coverage by Gibson Electric Membership Corp.

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