Indian Electric Cooperative

Electricity Rates, Plans & Statistics

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About Indian Electric Cooperative

Indian Electric Cooperative is an electric cooperative. The largest county served by Indian Electric Cooperative is Tulsa County, but the company also provides electricity in 6 counties in Oklahoma. At the time of the most recent government reports, the company listed a total of 19,720 electricity customers. This total is made up of 72.61% residential customer accounts, 27.33% commercial customer accounts and 0.06% industrial customers. On average, Indian Electric Cooperative bills their consumers a residential electricity price of 10.97 cents per kilowatt hour. Thankfully, this is 5.99% lower than the state's average price of 11.67 cents. In 2020 they had retail sales of 511,013 megawatt hours. Wholesale power purchases made up 100.00% of all electricity sourced . Exactly 537,160 megawatt hours were purchased by way of the wholesale market. In 2020, they made a total of $48,841,800 from business activities relating to the sale and transfer of electricity. They had 99.22% of their revenue coming from retail sales to end users.

The nationwide average monthly residential electric bill is $125.95, while the Indian Electric Cooperative average is 13.64% higher at $143.13 per month. Indian Electric Cooperative is the 2432nd ranked company in the United States for average monthly bill total. The company currently does not produce their own electricity. Instead, they must purchase that electricity at wholesale rates and then resell it to end consumers.

Indian Electric Cooperative Net Metering

Indian Electric Cooperative, fortunately, allows consumers to participate in net metering. Net metering allows residents to sell megawatt hours back to the grid, making the purchase of solar panels and other alternative electricity sources more economically viable.

Energy Loss

Indian Electric Cooperative currently loses around 4.73% of the electricity that they produce via heat dissipation and other causes. The state average for energy loss is 3.39% and the United States average is 2.76%. This leaves Indian Electric Cooperative with a ranking of 22nd best out of 87 electricity providers in the state and 828th best out of 3509 suppliers in the country.

Indian Electric Cooperative Rate & Electric Bills

Indian Electric Cooperative residential electric rates are highest in January and the highest average bill is in June.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.110/kWh$0.107/kWh$150.36/mo.$131.56/mo.
903rd10.97¢Indian Electric Cooperative's Average residential price per kWh
2432nd$143.13Average monthly electricity bill for Indian Electric Cooperative's residential customers

Indian Electric Cooperative Overview

  • Company Type:Cooperative
  • Headquarters:2506 East Old Highway 64
    Cleveland, Oklahoma 74020
    United States of America
  • CEO:Todd Schroeder

Indian Electric Cooperative Contact

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Energy Loss

Indian Electric Cooperative's energy loss due to business operations.

-4.73%

Total Energy Loss

25,432MWh

828 National Rank

Indian Electric Cooperative Coverage Map

Coverage Map Placeholder

Indian Electric Cooperative State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
Oklahoma19,72048,461,00018100%

Indian Electric Cooperative County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Creek County71,754511.53$131.37/mo
Noble County10,924511.58$136.12/mo
Osage County45,818511.16$137.46/mo
Pawnee County15,553511.23$139.68/mo
Payne County81,646611.07$141.43/mo
Tulsa County669,279711.46$131.32/mo

Cities Indian Electric Cooperative Has Coverage

* City coverage generated based on government data. Always verify you can get service from the provider.

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Indian Electric Cooperative FAQ:

How much is the average bundled bill for Indian Electric Cooperative customers each month?

The average monthly bundled electric bill for customers of Indian Electric Cooperative is $143.13. The state average bundled bill is $129.83 and the nationwide average is $129.83.

How many counties does Indian Electric Cooperative have customers in in?

Indian Electric Cooperative sells electricity to customers in 6 counties.

What is the average bundled electricity rate for Indian Electric Cooperative customers?

Indian Electric Cooperative's current average bundled electricity rate is 10.97 cents per kilowatt hour (¢/kWh), compared to the average state bundled rate of 11.67 cents and the average nationwide rate of 14.11 cents.

Who is the CEO of Indian Electric Cooperative?

Todd Schroeder is the CEO of Indian Electric Cooperative.

What cities does Indian Electric Cooperative provider electricity in?

Indian Electric Cooperative has customers in 20 cities.

What is the phone number for Indian Electric Cooperative?

Indian Electric Cooperative's customer service phone number is (918) 295-9500

Last Reviewed By: King Manalo
Published: 2022-08-01