Indian Electric Cooperative

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 21,133 electricity customers. This total is made up of 73.44% residential customer accounts, 26.51% commercial customer accounts and 0.04% industrial customers. On average, Indian Electric Cooperative bills their consumers a residential electricity price of 11.92 cents per kilowatt hour. Thankfully, this is 2.80% lower than the state's average price of 12.26 cents. In 2023 they had retail sales of 634,822 megawatt hours. Wholesale power purchases made up 100.00% of all electricity sourced . Exactly 659,132 megawatt hours were purchased by way of the wholesale market. In 2023, they made a total of $62,441,000 from business activities relating to the sale and transfer of electricity. They had 94.84% of their revenue coming from retail sales to end users.

The nationwide average monthly residential electric bill is $139.28, while the Indian Electric Cooperative average is 13.08% higher at $157.49 per month. Indian Electric Cooperative is the 2223rd ranked company in the United States for average monthly bill total. The electricity grid owned by the provider experiences 0.19 outages per customer per year, with outages lasting an average of 50.3 minutes. The US average for other providers is 1.44 outages per customer and 123.49 minutes each outage. Electricity production is not handled in house at the company, as they purchase electricity at wholesale rates from other companies and then resell to their consumers.