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 12,000 total customers, 34 of which are industrial customers, 1,641 are commercial accounts and the rest of which are residential customers. Consumers of Henderson Municipal Power and Light purchase electricity for, on average, 8.50 cents per kilowatt hour. This is, luckily, 29.25% less than Kentucky's average rate of 12.02 cents, resulting in the supplier ranking 2nd out of 61 companies in Kentucky for best average electricity rate. In 2020 the company sold 95.72% of their disposition via normal retail sales to end users. Of the megawatt hours they sourced, 557,750 megawatt hours were procured on wholesale channels. Their revenue for 2020 from electricity activities was $39,717,000, with 92.69% coming from retail sales to end users.

The national average monthly residential electricity bill is $125.95, while the Henderson Municipal Power and Light average is 36.16% less at $80.4 per month. This is the 422nd lowest average monthly bill amount for a provider in the US. The power grid managed by the supplier has 0.59 outages per consumer each year, with outages lasting roughly 31.58 minutes. The US average for other companies is 1.21 outages per consumer and 122.99 minutes an outage. The supplier does not have ownership in any electricity production plants and all of the megawatt hours that they sell to their consumers must be purchased from other suppliers.

Henderson Municipal Power and Light Net Metering

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.

Energy Loss

Henderson Municipal Power and Light reported an annual loss of about 3.24% 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 10th 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 January and the highest average bill is in October.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.091/kWh$0.081/kWh$94.67/mo.$80.40/mo.
188th8.50¢Henderson Municipal Power and Light's Average residential price per kWh
422nd$80.4Average monthly electricity bill for Henderson Municipal Power and Light's residential customers

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

Henderson Municipal Power and Light Service

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Energy provider of the year for Kentucky, Major Provider Category
Shortest Average Electricity Outages
Kentucky, Major Provider Category
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Energy provider of the year for Kentucky, Major Provider Category
Lowest Residential Electricity Rate
Kentucky, Major Provider Category
Claim Award
Energy provider of the year for Kentucky, Major Provider Category
Lowest Average Residential Monthly Bill
Kentucky, Major Provider Category
Claim Award

Energy Loss

Henderson Municipal Power and Light's energy loss due to business operations.

-3.24%

Total Energy Loss

18,075MWh

418 National Rank

Grid Reliability

Length & Frequency of Henderson Municipal Power and Light's Power Outages

31.58 min.

vs. national average of 122.99 min.

0.59 outages/yr

vs. national average of 1.21

Henderson Municipal Power and Light Coverage Map

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Henderson Municipal Power and Light State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
Kentucky12,00036,815,00033100%

Henderson Municipal Power and Light County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Henderson County44,793313.35$164.72/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?

Henderson Municipal Power and Light's CEO 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 $80.40.

When will Henderson Municipal Power and Light power be restored?

The average number of minutes for an outage for Henderson Municipal Power and Light's consumers is 31.577 minutes.

What is the phone number for Henderson Municipal Power and Light?

The Henderson Municipal Power and Light phone number is (270) 826-2726.

What is the average bundled electricity rate for Henderson Municipal Power and Light customers?

Henderson Municipal Power and Light's current average bundled electricity rate is 8.50 cents per kilowatt hour (¢/kWh), compared to the average state bundled rate of 12.02 cents and the average nationwide rate of 14.11 cents.

Last Reviewed By: Alex Zdanov
Published: 2022-09-18