Greenville Electric Utility System

About Greenville Electric Utility System

Greenville Electric Utility System is a municipally owned organization operating in Greenville, Texas. Greenville Electric Utility System has an average residential electricity rate of 13.06 cents per kilowatt hour, which is 17.14% less than the national average rate of 15.76 cents. This makes the company 1251st out of 2892 companies in the country for best average electricity price. They had total sales and disposition of 1,065,165 megawatt hours in 2022, of which 45.45% were by way of wholesale channels. The electricity sourced by Greenville Electric Utility System is made up of multiple sources including megawatt hours they generate and other megawatt hours purchased by way of wholesale channels. Of the total electricity sourced these two categories comprise 6.81% and 93.19%, respectively. In 2022, the company made a total of $99,098,400 from business activities relating to the sale and transfer of electricity. They had revenue of $58,205,700 coming from retail sales to end users and $38,356,100 from sales to the wholesale market.

The average residential electricity bill for a customer of Greenville Electric Utility System is $140.54 per month, while the state average is $164.95. Customers of the company pay a 18.04% markdown compared to other residents of Texas. The supplier's electricity generating plants generate 48,040.7 megawatt hours from the burning of natural gas. This amount ranks them as the 261st highest out of 3526 companies in the US for total natural gas production. By megawatt hours produced, Greenville Electric Utility System is the 401st largest out of 3526 suppliers in the nation. Consumers of the supplier are faced with 0.38 power outages on average each year, with outages lasting an average of 13.3 minutes. The national averages for outages and duration are 1.45 outages at 171.11 minutes each.