Guernsey Muskingum Electric

About Guernsey Muskingum Electric

Guernsey Muskingum Electric is an electric cooperative located in New Concord, Ohio and providing electricity to customers in 5 counties in Ohio such as the counties of Tuscarawas County, Muskingum County, Guernsey County, Noble County, and Morgan County. There are 14,693 residential customers, 1,862 commercial accounts and 9 industrial customer accounts who are receiving electricity from the company. Guernsey Muskingum Electric bills their patrons a residential electricity rate of 18.02 cents per kilowatt hour on average, which is 4.27% above Ohio's average price of 17.29 cents and 14.38% more than the US average of 15.76 cents. They sold 249,966 megawatt hours through retail sales in 2022. Of the megawatt hours they sourced, 268,713 megawatt hours were acquired on wholesale channels. Their revenue in 2022 from electricity related activities was $38,732,400, with $37,962,100 from retail sales to end users.

The Ohio average monthly residential electricity bill is $145.51, while the Guernsey Muskingum Electric average is 12.10% higher at $161.89 per month. Guernsey Muskingum Electric ranks 92nd in the state for average monthly bill total. The supplier's consumers are faced with an average of 2.75 power outages per customer a year. These outages are on average 917.6 minutes, while the national average is 1.45 outages per consumer and 171.11 minutes each outage. The provider does not have ownership in any electricity generation facilities and all of the megawatt hours that they sell to their customers must be purchased wholesale from other providers.