Henderson Municipal Power and Light
Electricity Rates, Plans & Statistics
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About Henderson Municipal Power and Light
Henderson Municipal Power and Light serves electricity to Henderson, Kentucky and is a municipally owned organization. The supplier recently reported a total of 11,182 total customers, 30 of which are industrial customers, 1,643 are commercial accounts and the rest of which are residential customers. Consumers of Henderson Municipal Power and Light purchase electricity for, on average, 10.36 cents per kilowatt hour. This is, luckily, 19.75% less than Kentucky's average rate of 12.91 cents, resulting in the supplier ranking 5th out of 62 companies in Kentucky for best average electricity rate. In 2023 the company sold 95.36% of their disposition via normal retail sales to end users. Of the megawatt hours they sourced, 528,473 megawatt hours were procured on wholesale channels. Their revenue for 2023 from electricity activities was $43,725,400, with 91.36% coming from retail sales to end users.
The national average monthly residential electricity bill is $143.38, while the Henderson Municipal Power and Light average is 19.53% less at $115.38 per month. This is the 922nd lowest average monthly bill amount for a provider in the US. The provider currently does not generate their own electricity. Instead, they must purchase that electricity at wholesale prices from other suppliers and then resell it to end users.
Offering net metering to consumers is a win-win situation for Henderson Municipal Power and Light and individuals who get their electricity from the company. The purchase of solar panels and alternative electricity sources is often prohibitively priced for private individuals. Net metering allows purchasers of these electricity sources to sell extra wattage back to their electricity supplier, making the installation of these alternative sources more financially friendly.
Henderson Municipal Power and Light reported an annual loss of about 3.58% of the electricity that they produce. Loss of energy due to heat dissipation during electricity transmission and other causes is a reality of operating in the electricity generation industry and providers are required to report these losses. This percentage of electricity lost earns them a rank of 25th best out of 58 providers reporting energy loss in the state.
Henderson Municipal Power and Light Rate & Electric Bills
Henderson Municipal Power and Light residential electric rates are highest in May and the highest average bill is in July.
Historical Electricity Rates:
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Henderson Municipal Power and Light Overview
- Company Type:Municipal
- Headquarters:100 5th Street
Henderson, Kentucky 42420
United States of America - Director/Superintendent:Chris Heimgartner
Henderson Municipal Power and Light Contact
- Website:www.hmpl.com
- Customer Service Phone:(270) 826-2726
- Contact Page:www.hmpl.com
- Social Media:
Henderson Municipal Power and Light Service
- Rates & Plans:www.hmpl.com
- Outage Map:www.hmpl.com
- Outage Phone:(270) 631-0660
- States Served:
- Kentucky
- Counties Served:
- Henderson County
- Major Cities Served:
Energy Loss
Henderson Municipal Power and Light's energy loss due to business operations.
Total Energy Loss
18,901MWh
694 National Rank
Power Outages
Currently, 0 customers are being tracked in Henderson Municipal Power and Light.
Customers Out:
0
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Henderson Municipal Power and Light Coverage Map
Henderson Municipal Power and Light State Coverage
| State | Customers | Sales ($) | State Rank Based On Revenue | % of Provider's Residential Sales in State |
|---|---|---|---|---|
| Kentucky | 11,196 | 44,452,312.82 | 33 | 100% |
Henderson Municipal Power and Light County Coverage
| County | Population | Providers | Avg. County Rate (¢) | Avg. Electric Bill |
|---|---|---|---|---|
| Henderson County | 45,102 | 3 | 15.11 | $182.07/mo |
Henderson Municipal Power and Light Reviews
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Henderson Municipal Power and Light FAQ:
Who is the CEO of Henderson Municipal Power and Light?
The CEO of Henderson Municipal Power and Light is Chris Heimgartner.
What is the average bundled bill for Henderson Municipal Power and Light customers each month?
Customers of Henderson Municipal Power and Light pay, on average, a monthly bundled bill of $115.38.
What is the phone number for Henderson Municipal Power and Light?
Henderson Municipal Power and Light's customer service phone number is (270) 826-2726
What is the average bundled electricity rate for Henderson Municipal Power and Light customers?
Customers of Henderson Municipal Power and Light, on average, have an electricity bundled rate 10.36 cents per kilowatt hour (¢/kWh).
