Hopkinsville Electric

About Hopkinsville Electric

Hopkinsville Electric supplies electricity in Christian County, Kentucky. There are 12,148 customer accounts served by the supplier. These customer accounts are made up of 74.28% residential customers, 25.70% commercial customers and 0.02% industrial customers. Hopkinsville Electric's customers are billed an average residential electricity price of 13.03 cents per kilowatt hour. This is 19.32% less than the nationwide average price of 16.15 cents. Of the 342,392 megawatt hours the company sold and dispossessed, 96.61% were via sales to end users. The electricity sourced by the supplier primarily came from megawatt hours that they acquired by way of wholesale channels. They purchased 342,392 wholesale megawatt hours. In 2023 the supplier had total electricity related revenue of $36,176,600, with 97.42% from retail sales.

Consumers of the company have an average monthly residential power bill of $145.17. This is 1.97% above the national average of $142.37. The company currently does not generate their own electricity. Instead, they must purchase that electricity at wholesale prices from other companies and then resell it at a higher rate to end consumers.