Hancock-Wood Electric Cooperative: Rates and Coverage Area

Hancock-Wood Electric Cooperative

Electricity Rates, Plans & Statistics

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About Hancock-Wood Electric Cooperative

Hancock-Wood Electric Cooperative is an electricity cooperative supplying electricity in 7 different counties throughout Ohio including Wood County, Hancock County, Sandusky County, Putnam County, and Hardin County. The company has 13,262 residential customer accounts, 2,950 commercial customers and 24 industrial accounts. On average, Hancock-Wood Electric Cooperative's patrons spend 16.83 cents per kilowatt hour for their residential electricity, which is, sadly, 6.69% above the average US price of 15.77 cents. The company had sales of 351,625 megawatt hours in 2023 through retail sales. The electricity sourced by the supplier primarily came from megawatt hours that they procured on wholesale channels. They purchased 356,228 wholesale megawatt hours. The total revenue for the company in 2023 from electricity sales was $50,611,200, with $50,097,100 from retail sales to end users.

Customers of the supplier pay an average monthly residential electric bill of $197.3. This is 40.97% higher than the nationwide average of $139.96. The electricity grid owned by the provider has an average of 0.81 outages per consumer a year, with outages lasting an average of 57.42 minutes. The US average for other providers is 1.44 outages per consumer and approximately 123.49 minutes each outage. The supplier is not associated with any power facilities and all of the power that they sell to their customers must be purchased wholesale from other companies.

Energy Loss

Hancock-Wood Electric Cooperative has energy loss of 1.05% of their total production from heat dissipation and other causes. This percentage of loss earns them a ranking of 17th best out of 159 companies who report energy loss in Ohio.

Hancock-Wood Electric Cooperative Rate & Electric Bills

Hancock-Wood Electric Cooperative residential electric rates are highest in May and the highest average bill is in July.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.176/kWh$0.122/kWh$265.99/mo.$109.44/mo.
2455th16.83¢Hancock-Wood Electric Cooperative's Average residential price per kWh
2777th$197.3Average monthly electricity bill for Hancock-Wood Electric Cooperative's residential customers

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Hancock-Wood Electric Cooperative Overview

  • Company Type:Cooperative
  • Headquarters:1399 Business Park Drive South
    North Baltimore, Ohio 45872
    United States of America
  • CEO:William Barnhart

Hancock-Wood Electric Cooperative Contact

Hancock-Wood Electric Cooperative Service

Energy Loss

Hancock-Wood Electric Cooperative's energy loss due to business operations.

-1.05%

Total Energy Loss

3,753MWh

123 National Rank

Grid Reliability

Length & Frequency of Hancock-Wood Electric Cooperative's Power Outages

57.42 min.

vs. national average of 123.49 min.

0.81 outages/yr

vs. national average of 1.44

Power Outages

Currently, 0 customers are being tracked in Hancock-Wood Electric Cooperative.

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Customers Out:

0

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Hancock-Wood Electric Cooperative Coverage Map

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Hancock-Wood Electric Cooperative State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
Ohio16,23666,726,704.5723100%

Hancock-Wood Electric Cooperative County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Hancock County74,8614922.36$175.43/mo
Hardin County30,7385121.91$173.13/mo
Henry County27,6185220.35$149.67/mo
Putnam County34,3955122.13$173.87/mo
Sandusky County59,0135320.50$150.67/mo
Wood County131,5925820.58$151.88/mo
Wyandot County21,9335422.21$173.90/mo

Cities Hancock-Wood Electric Cooperative Has Coverage

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

Hancock-Wood Electric Cooperative Reviews

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Hancock-Wood Electric Cooperative FAQ:

What cities does Hancock-Wood Electric Cooperative provider electricity to?

Hancock-Wood Electric Cooperative has customers in 15 cities.

When will Hancock-Wood Electric Cooperative power be restored?

Average outage times for Hancock-Wood Electric Cooperative are about 57.42 minutes per outage.

How many counties does Hancock-Wood Electric Cooperative sell electricity in?

There are 7 counties that receive at least some electricity coverage by Hancock-Wood Electric Cooperative.

How much is the average bundled bill for Hancock-Wood Electric Cooperative customers each month?

Currently, the average monthly bundled electric bill for customers of Hancock-Wood Electric Cooperative is $197.30. The Ohio average bundled bill is $145.41 and the national average is $145.41.

What is the phone number for Hancock-Wood Electric Cooperative?

The Hancock-Wood Electric Cooperative phone number is (800) 445-4840.

What is the average bundled electricity rate for Hancock-Wood Electric Cooperative customers?

Customers of Hancock-Wood Electric Cooperative, on average, have an electricity bundled rate 16.83 cents per kilowatt hour (¢/kWh).

Who is the CEO of Hancock-Wood Electric Cooperative?

The current CEO of Hancock-Wood Electric Cooperative is William Barnhart.

Alex Zdanov
Last Reviewed By: Alex Zdanov
Published: 2024-08-18