Heart of Texas Electric Coop
Electricity Rates, Plans & Statistics
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About Heart of Texas Electric Coop
Heart of Texas Electric Coop supplies electricity to 7 counties in Texas. The entity is an electricity cooperative. They currently provide electricity to residential, commercial and industrial customer accounts, with a total of 48 industrial customers, 5,601 commercial accounts and 17,024 residential customer accounts subscribed. Heart of Texas Electric Coop's customers spend, on average, 9.00 cents per kilowatt hour for their electricity, which is 27.51% lower than the average Texas rate of 12.41 cents and 36.24% below the US average of 14.11. In 2020 they sold 95.21% of their megawatt hours to end users (known as retail sales). The electricity they sourced consisted of megawatt hours that they acquired on wholesale channels. They purchased 503,034 wholesale megawatt hours. Their revenue for 2020 from electricity related activities was $42,984,000, with 96.42% coming from retail sales to end users.
The average monthly residential electric bill for a customer of Heart of Texas Electric Coop is $142.21 per month. Electricity production is not part of the Heart of Texas Electric Coop business model, as they purchase electricity at wholesale rates from other providers and then resell to their customers.
Net metering is offered to customers of Heart of Texas Electric Coop. This is a positive for any consumer potentially installing solar panels, as net metering allows them to sell their unneeded electricity back to the grid.
Heart of Texas Electric Coop reports energy loss of 4.79% of their generation during transmission. The state average for energy loss is 0.99% and the US average is 2.76%. This leaves Heart of Texas Electric Coop with a ranking of 60th best out of 183 companies in Texas and 843rd best out of 3509 suppliers in the United States.
Heart of Texas Electric Coop Rate & Electric Bills
Heart of Texas Electric Coop residential electric rates are highest in January and the highest average bill is in October.
Historical Electricity Rates:
Heart of Texas Electric Coop Overview
- Company Type:Cooperative
- Headquarters:1111 Johnson Drive
McGregor, Texas 76657
United States of America - CEO:Mike Williams
Heart of Texas Electric Coop Contact
- Website:www.hotec.coop
- Customer Service Phone:(800) 840-2957
- Contact Page:www.hotec.coop
- Social Media:
Heart of Texas Electric Coop Service
- Rates & Plans:www.hotec.coop
- Outage Map:outage.hotec.coop
- Outage Phone:(800) 840-2957
- States Served:
- Texas
- Counties Served:
- Bell County
- McLennan County
- Coryell County
- Milam County
- Bosque County
- Major Cities Served:See all cities
- Table Of Contents:
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Energy Loss
Heart of Texas Electric Coop's energy loss due to business operations.
Total Energy Loss
24,106MWh
843 National Rank
Heart of Texas Electric Coop Coverage Map
Heart of Texas Electric Coop State Coverage
| State | Customers | Sales ($) | State Rank Based On Revenue | % of Provider's Residential Sales in State |
|---|---|---|---|---|
| Texas | 22,673 | 41,446,400 | 114 | 100% |
Heart of Texas Electric Coop County Coverage
| County | Population | Providers | Avg. County Rate (¢) | Avg. Electric Bill |
|---|---|---|---|---|
| Bell County | 370,647 | 56 | 10.58 | $126.56/mo |
| Bosque County | 18,235 | 56 | 10.55 | $126.25/mo |
| Coryell County | 83,093 | 54 | 10.58 | $126.05/mo |
| Falls County | 16,968 | 55 | 10.62 | $126.72/mo |
| McLennan County | 260,579 | 56 | 10.57 | $126.31/mo |
| Milam County | 24,754 | 54 | 10.57 | $126.74/mo |
| Robertson County | 16,757 | 57 | 10.17 | $121.51/mo |
Cities Heart of Texas Electric Coop Has Coverage
- Bruceville-Eddy, TX
- Buckholts, TX
- Cameron, TX
- China Spring CDP, TX
- Clifton, TX
- Crawford, TX
- Gatesville, TX
- Golinda, TX
- Hewitt, TX
- Laguna Park CDP, TX
- Lorena, TX
- Lott, TX
- McGregor, TX
- Milano, TX
- Moody, TX
- Morgan's Point Resort, TX
- Oglesby, TX
- Riesel, TX
- Robinson, TX
- Rosebud, TX
- South Mountain, TX
- Temple, TX
- Troy, TX
- Valley Mills, TX
- Waco, TX
- Willow Grove CDP, TX
* City coverage generated based on government data. Always verify you can get service from the provider.
Heart of Texas Electric Coop Reviews
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Heart of Texas Electric Coop FAQ:
What is the phone number for Heart of Texas Electric Coop?
Heart of Texas Electric Coop's customer service phone number is (800) 840-2957
How much is the average bundled bill for Heart of Texas Electric Coop customers each month?
The average monthly bundled electric bill for customers of Heart of Texas Electric Coop is $142.21. The Texas average bundled bill is $140.36 and the nationwide average is $140.36.
Who is the CEO of Heart of Texas Electric Coop?
The current CEO of Heart of Texas Electric Coop is Mike Williams.
How many counties does Heart of Texas Electric Coop sell electricity to?
There are 7 counties that receive at least some electricity coverage by Heart of Texas Electric Coop.
What is the average bundled electricity rate for Heart of Texas Electric Coop customers?
Heart of Texas Electric Coop's current average bundled electricity rate is 9.00 cents per kilowatt hour (¢/kWh), compared to the average state bundled rate of 12.41 cents and the average nationwide rate of 14.11 cents.
What cities does Heart of Texas Electric Coop have customers in in?
Heart of Texas Electric Coop provides electricity to 26 cities throughout the nation including Texas.
