Grayson-Collin Electric Cooperative: Rates and Coverage Area

Grayson-Collin Electric Cooperative

Electricity Rates, Plans & Statistics

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About Grayson-Collin Electric Cooperative

Grayson-Collin Electric Cooperative is an electricity cooperative serving 30 cities in Texas. There are a total of 84,328 customers receiving service from the supplier. These customer accounts are made up of 94.71% residential properties and 5.29% commercial accounts. Grayson-Collin Electric Cooperative bills their consumers a residential electricity rate of 13.89 cents per kilowatt hour on average. This is 8.88% below the state's average rate of 15.24 cents, ranking the company at 117th best for average electricity price out of 200 companies in the state. In 2023 Grayson-Collin Electric Cooperative had sales to end customers totaling 1,392,803 megawatt hours. The megawatt hours sourced by the supplier primarily came from megawatt hours that they acquired by way of the wholesale electricity market. They purchased 1,428,932 wholesale megawatt hours. Their revenue for 2023 from electricity activities was $192,692,000, with 96.93% coming from retail sales to end users.

The state average monthly residential electricity bill is $167.15, while the Grayson-Collin Electric Cooperative average is 2.28% higher at $163.98 per month. Grayson-Collin Electric Cooperative is the 133rd ranked supplier in the state for average monthly bill total. The provider does not have ownership in any power plants and all of the power that they sell to their customers must be purchased wholesale from other providers.

Grayson-Collin Electric Cooperative Net Metering

Grayson-Collin Electric Cooperative allows customers of the company to participate in net metering programs. Without net metering, solar panel purchased are significantly less attractive economically, as citizens have no way to sell extra energy back to their electric company.

Energy Loss

All companies who generate electricity have some energy loss via heat dissipation or alternative causes. Grayson-Collin Electric Cooperative is no different, as they average a yearly loss of approximately 2.53% of the total electricity they generate. This percentage of loss results in them receiving a ranking of 410th best out of 3530 suppliers who report energy loss in the country and 20th best out of 170 in Texas.

Grayson-Collin Electric Cooperative Rate & Electric Bills

Grayson-Collin Electric Cooperative residential electric rates are highest in November and the highest average bill is in July.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.162/kWh$0.091/kWh$272.13/mo.$84.25/mo.
1450th13.89¢Grayson-Collin Electric Cooperative's Average residential price per kWh
2338th$163.98Average monthly electricity bill for Grayson-Collin Electric Cooperative's residential customers

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Grayson-Collin Electric Cooperative Overview

  • Company Type:Cooperative
  • Headquarters:14568 FM 121
    Van Alstyne, Texas 75495
    United States of America
  • CEO:David Mcginnis

Grayson-Collin Electric Cooperative Contact

Grayson-Collin Electric Cooperative Service

Energy Loss

Grayson-Collin Electric Cooperative's energy loss due to business operations.

-2.53%

Total Energy Loss

36,129MWh

410 National Rank

Power Outages

Currently, 0 customers are being tracked in Grayson-Collin Electric Cooperative.

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Customers Out:

0

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Grayson-Collin Electric Cooperative Coverage Map

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Grayson-Collin Electric Cooperative State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
Texas86,102191,490,891.7552100%

Grayson-Collin Electric Cooperative County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Collin County1,158,6965315.19$161.81/mo
Grayson County143,1315315.19$161.85/mo

Cities Grayson-Collin Electric Cooperative Has Coverage

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

Grayson-Collin Electric Cooperative Reviews

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Grayson-Collin Electric Cooperative FAQ:

What is the average bundled electricity rate for Grayson-Collin Electric Cooperative customers?

The average bundled price of electricity for consumers of Grayson-Collin Electric Cooperative is 13.89 cents per kilowatt hour (¢/kWh).

What cities does Grayson-Collin Electric Cooperative supply electricity to?

Grayson-Collin Electric Cooperative has customers in 30 cities in the country.

How much is the average bundled bill for Grayson-Collin Electric Cooperative customers each month?

Consumers of Grayson-Collin Electric Cooperative pay, on average, a monthly bundled bill of $163.98.

What is the phone number for Grayson-Collin Electric Cooperative?

You can reach Grayson-Collin Electric Cooperative by phone via (903) 482-7100.

Who is the CEO of Grayson-Collin Electric Cooperative?

The CEO of Grayson-Collin Electric Cooperative is David Mcginnis.

How many counties does Grayson-Collin Electric Cooperative have customers in in?

Grayson-Collin Electric Cooperative sells electricity in 2 counties.

Alex Zdanov
Last Reviewed By: Alex Zdanov
Published: 2024-09-18