Goldsmith, Texas Electric Utility: Rates and Coverage Area

Goldsmith, Texas Electric Utility

Electricity Rates, Plans & Statistics

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About Goldsmith, Texas Electric Utility

Goldsmith, Texas Electric Utility is a municipally owned entity supplying electricity in Goldsmith in Ector County, Texas. The average residential electricity price for Goldsmith, Texas Electric Utility is around 13.04 cents per kilowatt hour. This is 19.62% lower than the US average price of 16.22 cents, resulting in the company ranking 1096th lowest for average electricity rate out of 2885 suppliers in the US. In 2019 the company sold 95.08% of their disposition to end users (known as retail sales). Wholesale power purchases made up 100.00% of the total electricity sourced and 6,731 megawatt hours were purchased via the wholesale market. In 2019, the provider had revenue of $767,000 from retail electricity sales. This was the entirety of the electricity related revenue for the company.

The Texas average monthly residential power bill is $174.63, while the Goldsmith, Texas Electric Utility average is 10.91% higher at $158.98 per month. Goldsmith, Texas Electric Utility is the 97th ranked supplier in the state for average monthly bill amount. Electricity generation is not handled in house at the company, as they purchase power at wholesale rates and then resell to their customers.

Goldsmith, Texas Electric Utility Rate & Electric Bills

Goldsmith, Texas Electric Utility residential electric rates are highest in October and the highest average bill is in August.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.136/kWh$0.091/kWh$231.12/mo.$65.99/mo.
1096th13.04¢Goldsmith, Texas Electric Utility's Average residential price per kWh
2082nd$158.98Average monthly electricity bill for Goldsmith, Texas Electric Utility's residential customers

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Goldsmith, Texas Electric Utility Overview

  • Company Type:Municipal
  • Headquarters:206 West Gulf Avenue Street
    Goldsmith, Texas 79741
    United States of America
  • Director/Superintendent:Bennie Cope

Goldsmith, Texas Electric Utility Contact

  • Customer Service Phone:(432) 827-3404

Goldsmith, Texas Electric Utility Service

    • States Served:
      • Texas
    • Counties Served:
      • Ector County
    • Major Cities Served:
      • Goldsmith

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    Goldsmith, Texas Electric Utility Coverage Map

    Coverage Map Placeholder

    Goldsmith, Texas Electric Utility State Coverage

    StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
    Texas240637,503.04217100%

    Goldsmith, Texas Electric Utility County Coverage

    CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
    Ector County160,8694915.50$169.80/mo

    Goldsmith, Texas Electric Utility Reviews

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    Goldsmith, Texas Electric Utility FAQ:

    What is the phone number for Goldsmith, Texas Electric Utility?

    Goldsmith, Texas Electric Utility's customer service phone number is (432) 827-3404

    What is the average bundled electricity rate for Goldsmith, Texas Electric Utility customers?

    Goldsmith, Texas Electric Utility's current average bundled electricity rate is 13.04 cents per kilowatt hour (¢/kWh), compared to the average Texas bundled rate of 15.47 cents and the average national rate of 16.22 cents.

    What is the average bundled bill for Goldsmith, Texas Electric Utility customers each month?

    Goldsmith, Texas Electric Utility currently has an average monthly bundled electric bill of $158.98, compared to the Texas average of $174.63 and the nationwide of $174.63 for bundled service.

    Who is the CEO of Goldsmith, Texas Electric Utility?

    Goldsmith, Texas Electric Utility's current CEO is Bennie Cope.

    Matt Hope
    Last Reviewed By: Matt Hope
    Published: 2025-07-19