Holmes-Wayne Electric Cooperative

About Holmes-Wayne Electric Cooperative

Holmes-Wayne Electric Cooperative is an electric cooperative with headquarters in Millersburg, Ohio and serving customers in 5 counties in Ohio including counties such as Wayne County, Tuscarawas County, Ashland County, Holmes County, and Coshocton County. There are 21,736 customers receiving electricity from the supplier. These customers are made up of 17,490 residential properties, 4,202 commercial customers and 44 industrial properties. The average residential electricity price for consumers of Holmes-Wayne Electric Cooperative is roughly 16.92 cents per kilowatt hour, which is, unfortunately, 4.33% above the average nationwide rate of 16.22 cents. Of the 380,825 megawatt hours the company sold and dispossessed, 95.41% were via retail sales. The electricity sourced by the supplier primarily came from megawatt hours that they procured via wholesale channels. They purchased 380,825 megawatt hours on the wholesale market. The total revenue for the company for 2023 from electricity sales was $51,875,800, with $51,227,500 from retail sales to end users.

The nationwide average monthly residential electricity bill is $143.38, while the Holmes-Wayne Electric Cooperative average is 33.76% higher at $191.78 per month. Holmes-Wayne Electric Cooperative is the 2617th ranked provider in the United States for average monthly bill total. The power grid owned by the supplier experiences 2.91 outages per consumer per year, with outages lasting an average of 567.09 minutes. The nationwide average for other companies is 1.44 outages per customer and 123.49 minutes an outage. Electricity production is not handled in house at the company, as they purchase power at wholesale rates from other companies to then be resold to their customers.