Hope Water & Light
Electricity Rates, Plans & Statistics
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About Hope Water & Light
Hope Water & Light supplies electricity in Hope, Arkansas and rural areas of Hempstead County. At the moment, there are 6,908 customers of the company. Exactly 1,080 of them are commercial accounts, 5,827 of them are residential properties and one is an industrial customer. Hope Water & Light bills their consumers a residential electricity rate of 13.79 cents per kilowatt hour on average, ranking the provider at 31st out of 41 companies in Arkansas and 1853rd out of 2893 in the country. In 2022 they had sales to end customers totaling 220,791 megawatt hours. Of the megawatt hours they sourced, 241,069 megawatt hours were acquired on the wholesale market. In 2022, the provider earned a total of $28,899,000 from retail electricity sales to end users.
The average residential electric bill for a customer of Hope Water & Light is $130.13 per month. The supplier is not associated with any power facilities and all of the electricity that they sell to their consumers must be purchased wholesale from other companies.
Hope Water & Light offers net metering options to their consumers. This makes it cheaper for people to install solar and other electricity options as they have the ability to sell unneeded kilowatt hours into the grid.
Hope Water & Light reported a yearly loss of around 5.40% of the electricity that they generate. Loss of electricity due to heat dissipation during electricity transmission and other causes is operating in the electricity generation business and electricity providers must report these losses. This percentage of energy lost earns them a rank of 979th best out of 3517 providers who report energy loss in the US and 15th best out of 36 in Arkansas.
Hope Water & Light Rate & Electric Bills
Hope Water & Light residential electric rates are highest in January and the highest average bill is in October.
Historical Electricity Rates:
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Hope Water & Light Overview
- Company Type:Municipal
- Headquarters:105 North Elm Street
Hope, Arkansas 71802
United States of America - Director/Superintendent:Lester Sitzes III
Hope Water & Light Contact
- Website:www.hope-wl.com
- Customer Service Phone:(870) 777-3000
- Contact Page:www.hope-wl.com
- Social Media:
Hope Water & Light Service
- Rates & Plans:www.hope-wl.com
- Outage Phone:(870) 777-3000
- States Served:
- Arkansas
- Counties Served:
- Hempstead County
- Major Cities Served:
- Table Of Contents:
Energy Loss
Hope Water & Light's energy loss due to business operations.
Total Energy Loss
13,029MWh
979 National Rank
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Hope Water & Light Coverage Map
Hope Water & Light State Coverage
| State | Customers | Sales ($) | State Rank Based On Revenue | % of Provider's Residential Sales in State |
|---|---|---|---|---|
| Arkansas | 6,908 | 28,899,000 | 27 | 100% |
Hope Water & Light County Coverage
| County | Population | Providers | Avg. County Rate (¢) | Avg. Electric Bill |
|---|---|---|---|---|
| Hempstead County | 20,352 | 4 | 12.33 | $130.94/mo |
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Hope Water & Light FAQ:
What is the average bundled bill for Hope Water & Light customers each month?
Currently, the average monthly bundled electric bill for customers of Hope Water & Light is $130.13. The state average bundled bill is $129.65 and the US average is $129.65.
Who is the CEO of Hope Water & Light?
The CEO of Hope Water & Light is Lester Sitzes III.
What is the phone number for Hope Water & Light?
Hope Water & Light's customer service phone number is (870) 777-3000
What is the average bundled electricity rate for Hope Water & Light customers?
Hope Water & Light's current average bundled electricity rate is 13.79 cents per kilowatt hour (¢/kWh), compared to the average state bundled rate of 12.50 cents and the average United States rate of 15.64 cents.
