Hopkinsville Electric

About Hopkinsville Electric

Hopkinsville Electric supplies electricity in Christian County, Kentucky. There are 12,990 customer accounts served by the supplier. These customer accounts are made up of 77.31% residential customers, 22.67% commercial customers and 0.02% industrial customers. Hopkinsville Electric's customers are billed an average residential electricity price of 10.80 cents per kilowatt hour, resulting in the supplier ranking 21st out of 61 companies in Kentucky and 821st out of 2923 in the nation. Hopkinsville Electric had total sales and disposition of 315,254 megawatt hours in 2020, of which 296,775 megawatt hours were via sales to end users. The electricity sourced by the company is made up primarily of megawatt hours they acquired via wholesale channels. This category comprises 100.00% of the total electricity sourced by the company. In 2020, the company made a total of $30,047,200 from business activities relating to the sale and transfer of electricity. They had 97.39% of their revenue coming from retail sales to end users.

Consumers of the company have an average residential power bill of $104.66. This is 19.63% less than the state average bill of $129.38. 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.