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 11,176 residential customer accounts, 2,167 commercial customers and 12 industrial accounts. On average, Hancock-Wood Electric Cooperative's patrons spend 15.62 cents per kilowatt hour for their residential electricity, which is, luckily, 0.07% below the average US price of 15.64 cents. The company had sales of 360,210 megawatt hours in 2022 through retail sales. The electricity sourced by the supplier primarily came from megawatt hours that they procured on wholesale channels. They purchased 374,838 wholesale megawatt hours. The total revenue for the company in 2022 from electricity sales was $49,843,800, with $49,316,500 from retail sales to end users.

Customers of the supplier pay an average monthly residential electric bill of $176.45. This is 32.98% higher than the nationwide average of $132.69. The company currently does not produce their own electricity. Instead, they must purchase that electricity at wholesale prices from other providers and then resell it at a higher rate to end consumers.

Energy Loss

Hancock-Wood Electric Cooperative has energy loss of 3.64% of their total production from heat dissipation and other causes. This percentage of loss earns them a ranking of 36th best out of 165 companies who report energy loss in Ohio.

Hancock-Wood Electric Cooperative Rate & Electric Bills

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

Historical Electricity Rates:

Price Per kWhAverage Bill$0.156/kWh$0.141/kWh$176.45/mo.$154.36/mo.
2421st15.62¢Hancock-Wood Electric Cooperative's Average residential price per kWh
2698th$176.45Average 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.

-3.64%

Total Energy Loss

13,656MWh

528 National Rank

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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
Ohio13,35549,316,50023100%

Hancock-Wood Electric Cooperative County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Hancock County74,8615619.75$158.52/mo
Hardin County30,7385719.51$157.27/mo
Henry County27,6185818.61$142.53/mo
Putnam County34,3955719.58$157.23/mo
Sandusky County59,0135918.77$145.05/mo
Wood County131,5926518.61$145.03/mo
Wyandot County21,9336019.54$157.15/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 18 cities.

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

Consumers of Hancock-Wood Electric Cooperative, on average, have an electricity bundled rate 15.62 cents per kilowatt hour (¢/kWh).

Who is the CEO of Hancock-Wood Electric Cooperative?

Hancock-Wood Electric Cooperative's CEO is William Barnhart.

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

Hancock-Wood Electric Cooperative's customer service phone number is (800) 445-4840

What 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 $176.45. The Ohio average bundled bill is $129.91 and the national average is $129.91.

How many counties does Hancock-Wood Electric Cooperative have customers in in?

Hancock-Wood Electric Cooperative provides electricity in 7 counties throughout the United States including Ohio.

Nick Reese
Last Reviewed By: Nick Reese
Published: 2023-12-06