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. At the time of the most recent government reports, the provider showed a total of 229 electricity customers. This total is made up of 13.10% commercial customer accounts and 86.90% residential customer accounts. Customers of Goldsmith, Texas Electric Utility purchase electricity for, on average, 10.33 cents per kilowatt hour, which is 26.25% less than the state's average price of 14.01 cents. This ranks the provider 29th best for average electricity price out of 204 suppliers in the state. The company sold 6,400 megawatt hours in 2019 via retail sales. During the same timeframe, the provider procured 6,731 megawatt hours through the wholesale market. They earned a total of $767,000 for 2019 through electricity sales to retail consumers.

The Texas average monthly residential power bill is $158.61, while the Goldsmith, Texas Electric Utility average is 13.02% higher at $141.34 per month. Goldsmith, Texas Electric Utility is the 94th 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 January and the highest average bill is in May.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.117/kWh$0.103/kWh$161.30/mo.$114.50/mo.
430th10.33¢Goldsmith, Texas Electric Utility's Average residential price per kWh
2063rd$141.34Average 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

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    Goldsmith, Texas Electric Utility Coverage Map

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    Goldsmith, Texas Electric Utility State Coverage

    StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
    Texas229574,000223100%

    Goldsmith, Texas Electric Utility County Coverage

    CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
    Ector County160,8694313.15$150.94/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 10.33 cents per kilowatt hour (¢/kWh), compared to the average Texas bundled rate of 14.01 cents and the average national rate of 15.64 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 $141.34, compared to the Texas average of $158.61 and the nationwide of $158.61 for bundled service.

    Who is the CEO of Goldsmith, Texas Electric Utility?

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

    Fernando García
    Last Reviewed By: Fernando García
    Published: 2024-01-19